The Traderszone Network

21 February, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Malaysia police say suspect in Kim Jong Nam death is North Korean embassy worker

The Wall Street Journal: Malaysia police say suspect in Kim Jong Nam death is North Korean embassy worker

Hyon Kwang Song, 44 years old, is a second secretary in the North Korean embassy in Kuala Lumpur while another suspect, Kim Uk Il, works for state-owned airline Air Koryo.
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21 February, 2017 by The TZ Newswire Staff Comments Off on DPZ

DPZ

Out of my short at a small loss.
Chart says the upward trend will continue.
Earnings 2/28
Sidelines
Will short the news.
Its overvalued, but that matters not right now.

21 February, 2017 by The TZ Newswire Staff Comments Off on Lessons from the prop desk.

Lessons from the prop desk.

By Mike Bellafiore – SMB Capital:
1) My favorite setup to trade is a Changing Fundamentals Trade.
2) My favorite new setup to teach is a wedge pattern with a Stock In Play.
3) Scalpers, who Read the Tape at an advanced level, can make real money. SWang’s path to High Performing Trader is an example from our desk of how. But perhaps the root lesson here is: Trade your niche. SWang is an ultra-fast decision-maker and trades a nice that maximizes his unique talents.
4) The Nadal Trade, a…

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21 February, 2017 by The TZ Newswire Staff Comments Off on EURGBP retreat puts a bid under cable

EURGBP retreat puts a bid under cable

Euro weakness notable again as another day gets underway 22 Feb
EURGBP now down on session lows of 0.8428 with EURUSD also trading just above 1.0533 lows
GBPUSD pinned around 1.2500 therefore after 1.2508 highs. Expect more offers/res around 1.2520 then 1.2550. Demand/bids 1.2480-85 then 1.2460.

21 February, 2017 by The TZ Newswire Staff Comments Off on Currencies: Dollar dips against yen, other rivals as investors cash in on recent gains

Currencies: Dollar dips against yen, other rivals as investors cash in on recent gains

Trading was rangebound Wednesday with investors selling the dollar after a recent runup.
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21 February, 2017 by The TZ Newswire Staff Comments Off on Futures Movers: Oil sticks to 19-month highs after upbeat OPEC comments

Futures Movers: Oil sticks to 19-month highs after upbeat OPEC comments

Oil prices rose 1% overnight after OPEC Secretary-general Mohammad Barkindo said compliance rate among cartel members who agreed to participate in the production cutback is set to rise above 90%.
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21 February, 2017 by The TZ Newswire Staff Comments Off on Germany’s SDP keep in close touch with CDU in latest election poll

Germany’s SDP keep in close touch with CDU in latest election poll

Results for a poll in Germany’s Stern magazine now out 22 Feb
– Merkels’s CDU 34% vs Social Democrats 31%
– 39% would vote for Merkel if there was a direct vote for Chancellor, 1% more than last week
The poll was conducted by Forsa amongst a sample of 2502 for both Stern and RTL between 13-17 Feb with German elections seven months away.