Texas Teacher Who Sexually Assaulted Male Student Sentenced To Prison

Trading 13 juin 2018 Commentaire »
A Texas middle school English teacher was sentenced Thursday to six years in prison and 10 years of probation for having a sexual relationship with a then-14-year-old male student. Katherine Ruth Harper, 28, pleaded guilty to one count of having an improper relationship with a student and one count of sexual assault of a child, according to the Denton County District Attorney's Office. After Harper serves her prison sentence, she will serve probation and become a registered sex offender.

Overview of GBP / JPY for the week of June 13 on simplified wave analysis

Trading 13 juin 2018 Commentaire »

Wave picture of the chart H4:

The direction of short-term trends sets the bearish wave algorithm from February 2. The minimum permissible proportions of all parts have been reached.

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The wave pattern of the graph H1:

The bearish movement of April 13 is part of a larger wave structure. From the top of the broad support zone in the last month there was a pullback.

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The wave pattern of the M15 chart:

The bullish wave of May 30 has a reversal potential. Formed the first part (A), there were signs of a rapid onset of counter correction (B). Further, it is worth waiting for the continuation of the recovery.

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Recommended trading strategy:

Sales with high-risk are not recommended because of the small reduction potential. In the area of the support zone, it is worth starting to track the signals for buying the instrument.

Resistance zones:

- 147.80 / 148.30

- 150.00 / 150.50

Support zones:

- 145.30 / 144.80

Explanations to the figures: In a simplified wave analysis, waves consisting of 3 parts (A-B-C) are used. For analysis, 3 main TFs are used, on each one the last, incomplete wave is analyzed. Zones show the calculated areas with the greatest probability of a turn.

Arrows indicate the wave counting according to the technique used by the author. The solid background shows the generated structure, the dotted - the expected movements.

Attention: The wave algorithm does not take into account the duration of the tool movements in time. To conduct a trade transaction, you need confirmation signals from your trading systems!

The material has been provided by InstaForex Company - www.instaforex.com

Trading plan for the US session on June 13 EUR / USD

Trading 13 juin 2018 Commentaire »

To open long positions for EUR / USD, you need:

The situation has not changed. Euro buyers still need to return to the resistance level of 1.1776, above which a larger upward wave will lead to the renewal of yesterday's highs around 1.1821. The main goal for long positions will be to go beyond 1.1821 and update the area of 1.1869, where I recommend fixing the profits. In the case of a decrease, you can buy the euro by forming a false breakout in the area of 1.1730, or on a rebound from the larger areas of 1.1692 and 1.y1657.

To open short positions for EUR / USD, you need:

Failure to secure above 1.1776 with a return to this level will be the first signal for the opening of short positions in euros with the main goal of breakdown and consolidation below the support level of 1.1730, which will lead to the formation of a larger downward wave to 1.1692 and 1.1657, where I recommend fixing the profits. In the case of growth above 1.1776, selling the euro can be on the rebound from 1.1821 and 1.1869.

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Description of indicators

MA (average sliding) 50 days - yellow

MA (average sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20

The material has been provided by InstaForex Company - www.instaforex.com

Trading plan for the US session on June 13 GBP / USD

Trading 13 juin 2018 Commentaire »

To open long positions for GBP / USD, you need:

Buyers of the pound need to return to the resistance level of 1.3343. Only after this, it will be possible to count on a new wave of GBP / USD growth with an exit to new highs of the day in the area of large resistance level of 1.3387, where I recommend fixing the profit. In the event of a further decline in the pound, you can return to purchases on a false breakout from 1.3303 or on a rebound from 1.3255.

To open short positions for GBP / USD, you need:

As long as the trade is below the level of 1.3343, the pressure on the pound will remain, which may lead to a repeat test and break of the morning support around 1.3303 and a larger downward wave of GBP / USD to the area of 1.3255, where I recommend fixing the profits. In the case of growth above the level of 1.3343 in the afternoon, selling of GBP / USD can be rebounded from 1.3387.

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Description of indicators

MA (average sliding) 50 days - yellow

MA (average sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20

The material has been provided by InstaForex Company - www.instaforex.com

Wave analysis of GBP / USD for June 13. The construction of wave b continues

Trading 13 juin 2018 Commentaire »

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Analysis of wave counting:

During the trades on June 12, the GBP / USD currency pair lost a few more points and almost worked out the calculated mark of 1.3335, which equates to 50.0% of Fibonacci, constructed according to the size of the assumed wave a, 2. Thus, from the mark of 1.3335 or 1.3306 (61.8% Fibonacci), it is expected to resume the increase in quotations within the wave c, 2, with targets near the mark of 1.3651, which corresponds to 38.2% of Fibonacci. Near this mark, it will be possible to expect the resumption of the downward trend segment, which takes its start on April 17.

The objectives for the option with purchases:

1.3478 - 23.6% of Fibonacci

1.3528 - 127.2% of the Fibonacci of the highest order

1.3651 - 38.2% of Fibonacci

The objectives for the option with sales:

1.3045 - 200.0% of the Fibonacci of the highest order

General conclusions and trading recommendations:

The assumed wave 2, a, continues its construction. Now, the pair is at the stage of constructing the internal wave b, 2. About 33 figures, or slightly higher, I recommend starting new purchases of the pair with minimal targets near the mark of 1.3478, which is equivalent to 23.6% of Fibonacci, of the assumed wave c, 2. Stop Loss, I recommend setting below 33 figures in case the corrective set of waves turns out to be very shortened. I recommend returning to the sales of the pair no earlier than a successful attempt to break through the lows of June 1 and 4.

The material has been provided by InstaForex Company - www.instaforex.com

Wave analysis of EUR / USD for June 13. The euro still has the potential for growth

Trading 13 juin 2018 Commentaire »

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Analysis of wave counting:

During the trades on Tuesday, the currency pair EUR / USD lost another 40 percentage points. Thus, the proposed wave 4, 1, 1, continues its construction, and the pair may drop by another 20-30 percentage points before resuming the rise in wave 5. The option still remains relevant with a strong complication of the internal structure of the global wave 2, but so far, there is no basis for speculating the execution of this option. The breakthrough of the minimum of the proposed wave 2, 1, 1, will make this scenario seem very probable.

The objectives for the option with sales:

1.1700 - 1.1650

The objectives for the option with purchases:

1.1958 - 161.8% of the Fibonacci of the highest order

1.2070 - 127.2% of the Fibonacci of the highest order

General conclusions and trading recommendations:

The currency pair EUR / USD continues to be within the framework of wave 4, 1, 1. On this basis, I recommend remaining in purchases targets near the level of 1.1837, which corresponds to 200.0% of Fibonacci, and above. During the construction of wave 5, 1, 1, I recommend reducing the purchases gradually, since after the completion of this wave, a reduction in the area of 17 figures within the wave 2, 1, 5, is possible. The break of the minimum from June 5 will warn about the pair's readiness for a strong decrease and complication of the wave 5, c, 2.

The material has been provided by InstaForex Company - www.instaforex.com

Gold will test the patience of the Fed

Trading 13 juin 2018 Commentaire »

The reduction of geopolitical tensions around North Korea, the shadow of the Italian political crisis, the fastest growth in us inflation over the past 6 years and the associated increase in the probability of four increases in the Federal funds rate in 2018 are putting serious pressure on gold. The precious metal came to the lower limit of the consolidation range of $1.292-1.308 per ounce and in case of its breakthrough risks are developing a corrective movement to an upward long-term trend. Much will depend on the dynamics of the yield of Treasury bonds and the US dollar.

Gold has traditionally been perceived as an tool of protection against inflation, but to say that the growth of CPI uniquely a "bullish" factor for gold is like saying that the slowing of consumer prices increases the purchasing power of the currency and helps strengthen its rate. In fact, all this must be seen through the prism of the actions of the central bank. While the US CPI in May accelerated to 2.8%, and the basic inflation - to 2.2% y/y, the Federal Reserve has nothing to do but to tighten monetary policy. As unemployment wanders near the lowest level for the last 18 years (3.8%), and GDP, according to the forecasts of the Federal Reserve Bank of Atlanta, is ready to accelerate to 4.6% q/q in the second quarter.

The dynamics of American inflation

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In such conditions, investors tend to discard bonds and transfer to other assets. As a result, the yield increases, which contributes to the strengthening of the US dollar. That increase in real interest rates in the debt market makes gold nervously react to the acceleration of inflation. Such trends are taking place around the world, which keeps the precious metal under serious pressure.

Dynamics of bond yields

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However, the surge in consumer prices is likely to be temporary. In May, the cost of energy increased by more than 11%, due to the growth of quotations Brent and WTI. At present, oil is included in the consolidation, and if the Fed is in a hurry with the rate hike, it can get into an unpleasant situation. Inflation will fall below the target, and the Fed will have to think about easing monetary and credit policy. To prevent this, the central bank needs to buy time. And it is absolutely correct about its ability to tolerate the symmetrical nature of inflation. Investors perceive this signal as "dovish" and do not rush to buy the dollar. If Jerome Powell during his press conference following the June meeting of the FOMC again talks about patience, then the US currency risks losing all the achievements obtained after improving the forecasts for the rate.

For gold, this would mean first returning to the consolidation range $1292-1308 per ounce after a short-term exit beyond its limits. In the future, it is possible to implement the "false-break,"pattern because technically, the "bulls" have many chances to seize the initiative and rush in the direction of the target at 161.8% for the pattern "Crab".

Gold, daily chart

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The material has been provided by InstaForex Company - www.instaforex.com

Inflation data will help with the decision of the Fed

Trading 13 juin 2018 Commentaire »

Weak data released on the Eurozone economy did not affect the positions of traders who continue to believe in the strength of the European currency, even though the Federal reserve's interest rates are likely to rise at today's meeting.

The main support for risky asset traders is from the expectation that tomorrow the European Central Bank will signal the curtailment of the asset repurchase program, which will allow in the future to start raising interest rates in the Eurozone.

In the first half of the day, rather weak data on the industrial production of the Eurozone were released, to which should pay more attention, since they could negatively affect the pace of economic growth in the eurozone in the second quarter of this year.

According to the report, in April of this year, industrial production of the eurozone decreased by 0.9% compared with March. Compared with April of the previous year, industrial production grew by 1.7%. Economists had expected production to fall by 0.7% in April, compared with March. As I noted above, the decline in industrial production, which accounts for almost a quarter of the euro-zone economy, could seriously affect economic growth, which has already significantly slowed down in the first quarter of this year.

The performance of US inflation continues to please traders, and the US Federal Reserve is likely to raise short-term interest rates by a quarter of a percentage point following the two-day meeting today.

According to the report of the us Department of labor, the producer price index in May this year increased by 0.5% compared to the previous month. The core index, which does not take into account volatile categories, in May increased by 0.3% compared to the previous month.

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Unsurprisingly, the rise in prices was due to a sharp increase in energy prices, which was observed in the first quarter of this year. Prices excluding food and energy in May rose by 0.1%. Economists expect that the producer price in May will grow by 0.3% compared to the previous month.

As I noted above, most of the market participants expect that today the US Federal Reserve will raise short-term interest rates to 2.0%. Immediately after that, Chairman of the Fed Jerome Powell will make a speech, from which many will wait for a signal for a sharp increase in interest rates throughout this year.

The British pound is not so lucky, it fell today against the US dollar after it became known that the annual inflation in the UK in May remained unchanged.

According to a report by the National Bureau of Statistics, the consumer price index increased by 2.4% in May compared to the same period of the previous year. The main decline was in the cost of utilities and food prices.

The material has been provided by InstaForex Company - www.instaforex.com

Facebook Will Require Advertisers To Disclose Where They Got Customer Information

Trading 13 juin 2018 Commentaire »
Facebook has once again introduced a new policy for self-regulation. Mark Zuckerberg’s omnipresent social network announced Wednesday that businesses that advertise to specific users need to specify where they got that user’s information and how they were targeted.

‘General Hospital’ Rumors: John Stamos Visits Cast, Teases Blackie Parrish’s Return

Trading 13 juin 2018 Commentaire »
John Stamos first appeared on “General Hospital” as Blackie Parrish in 1982, and more than 30 years later the actor returned back to his Port Charles roots. The 54-year-old surprised fans by sharing photos of his reunion with the cast of the ABC soap opera on Instagram. Stamos posted pictures of himself and his former co-stars while giving a special shoutout to his character Blackie, which got some fans excited about a possible return.