LeBron returns after missing 17 games

© Reuters. NBA: Los Angeles Lakers at Los Angeles Clippers © Reuters. NBA: Los Angeles Lakers at Los Angeles Clippers

Los Angeles Lakers superstar LeBron James returned to the court Thursday night against the Los Angeles Clippers after missing 17 games due to a groin injury he sustained on Christmas Day.

The Lakers went 6-11 without James, a four-time NBA Most Valuable Player who entered the night averaging 27.3 points, 8.3 rebounds and 7.1 assists in 34 games in his first season with the team.

While James will be closely watched for signs effects of the injury, Lakers coach Luke Walton said James would not have any minutes restrictions. James was in the starting lineup.

James, who was hurt in the Lakers’ win over Golden State on Dec. 25, was initially listed as out for the Thursday night game on Wednesday, and then upgraded to doubtful on Thursday morning.

Clippers coach Doc Rivers called James’ return "the worst-kept secret of maybe ever. Maybe I’m not just a trusting soul. I just thought it was too obvious when yesterday out of nowhere he’s out. Usually you don’t hear it that early. I told our coaches then, he’s in."

The Lakers began play Thursday in ninth place in the Western Conference, two games behind the Clippers for the eighth and final playoff spot.

–Field Level Media

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Let’s block ads! (Why?)

Sports and General News

InstaForex: What leverage can suit both newbies and professionals?

What’s the right amount of leverage?

What's the right amount of leverage?

Many traders often ask themselves what leverage is better to be used. They are not only newbies but also experienced investors who, being self-confident, want to make more profits and do it faster, so they try out various values of leverage. Let us remind that leverage is a certain amount of credit funds that a broker lends to traders in accordance with itstrading conditions.

Leverage provides traders with an opportunity to open buy or sell deals and work with much bigger sums of money than they deposit. The size of leverage varies. A broker offersa range of leverage values while traders need to choose what leverage suits them best.

Additionally, leverage determines the trading manner: whether it is risky and intense or relaxed and easygoing. Risky traders can reap hefty profits but not regularly while calm traders can make moderate earnings but more often.

In a nutshell, leverage is the ratio of traders’ own funds to the funds that are traded on their account. This ratio is denoted in the following way: 1:100, 1:230, 1:125, and so on. The first figure stands for the currency unit while the second figure defines how many times a deposit is increased.

For example, if traders deposited 200 USD and applied the leverage of 1:100, then they can trade with 20,000 USD.

In fact, leverage is not necessary for trading on Forex, but the profit that can be received without borrowed money is comparatively smaller, especially if the initial deposit is not big. The thing is that prices of currency pairs change no more than 1% per day. At the same time, with the high chances to earn there are also high risks to lose. That is why the right leverage is really important.

When tradersregister an account with a broker, they can choose from various leverage values. Usually, the values from 1:10 to 1:500 are offered. The most widely used leverage is 1:100, but risky or aggressive traders, employing the scalping strategy, for example, can try bigger values up to 1:300 or 1:500.

What leverage suits newbies best?

Beginners on Forex should make carefully weighed decisions when choosing the leverage.  At first, they are better to take on low risks, therefore applying low leverage. Naturally, initial profits are to be modest with a small amount of borrowed funds, but as traders gain experience, they can enhance their risks, thus increasing their earnings.

Besides, the lower the leverage, the lower the risk of losing the whole deposit. In some way, it balances the loss/profit ratio.

And here is another piece of advice for newbies: they need to test their trading system with the chosen leverage on a demo account at first, and only after that they can deposit to a live account. Additionally, traders need to check whether a broker provides an opportunity to change the leverage value after an account is opened, as some companies do not allow doing it, so clients have to register new accounts which is rather inconvenient.

The key thing to keep in mind is that the size of your leverage should correspond to your experience in the market. If this condition is fulfilled, your trading will be successful from the very first day.

Leverage lock

Leverage size

Two factors can help beginning traders to choose the leverage that suits them best.

1. The appropriate leverage for trading on Forex. Most traders prefer using the ratio of 1:100. This factor implies high risks but also it can generate hefty profits. It provides an opportunity to open counter deals which can amount to 1% of the total trade volume.

2. Small leverage. It is mainly used for trading with big deposits (sums can come up to several thousand dollars). The recommended leverage in this case is 1:1, 1:10 or 1:50. This leverage value enables traders to attempt complex maneuvers and protects their deposits from losses regardless of price fluctuations.

Besides, a broker may advise its clients what leverage is better to choose. The maximum leverage and opportunities provided by the broker also should be considered. For example,InstaForex offers its clients a wide range of leverage values, including the most popular among newbies ratios of 1:100 and 1:500.

instaforex graphic

Importantly, the trading strategy that is being employed and trading conditions are the key factors for successful profitable work in the currency market. “If a trader decides to work on the intraday basis with a small deposit, they need to apply high leverage.

Otherwise, potential losses in trading currency pairs are unlikely to be offset by potential gains,”analysts at InstaForex say.

Before choosing the leverage on Forex, traders need to work with a small deposit at first. This way, they will learn how to operate in financial markets and analyze the price behavior. The most appropriate leverage for this purpose is 100:1.

An example

Let’s analyze a specific case of a trader’s usage of leverage to understand what size is optimal.

At first, let us take the leverage of 1:100 as an example and see how the trading statistics of an account change. To open a deal of 0.1 lots, which is equal to USD 10,000 for the EUR/USD pair, traders need to invest the whole sum if they do not apply any leverage. However, in margin trading it will be enough to put in 1/100 of this sum which is USD 100.

Thus, after traders open a deal of 0.1 lots with the leverage of 1:100, they actually spend only USD 100 while USD 900 remain on balance. This sum can be used to overcome a drawdown, increase the trading volume, or open another deal. So, having a balance of USD 1,000 and leverage of 1:100 traders can buy a whole lot (100,000 of currency units), while without leverage USD 100,000 will be needed to open such a deal.

What will change if the leverage is increased to 1:1,000? All conditions remain the same for an exception of a change in the leverage. In this case USD 10 will be required to open a deal of 0.1 lot which is 1/1000 of the actual sum.

Just imagine what opportunities traders get when they apply leverage. Having merely USD 1,000 they are able to open deals of several market lots. For example, it is enough to invest USD 300 with the leverage of 1:1,000 to buy 3 lots on EUR/USD.

What else you need to know about leverage

To put aside psychological factors, we should admit that an increase of leverage on Forex can influence only the size of a deal but it does not change the risk degree. Buying 0.1 lots with the leverage of 1:100 is the same as buying the equal volume with the leverage of 1:1,000. The only difference is the size of margin.

Surely, high leverage opens up new opportunities for trading, but traders should be careful and refrain from using it to the full. It does not matter whether you choose the leverage of 1:100 or 1:1,000 if you have steel nerves. But if you are a hot-headed investor, then you’d better confine yourself to smaller leverage, for example 1:50 or 1:100.

This article was submitted by InstaForex.

Let’s block ads! (Why?)

Forexlive RSS Breaking education feed

EUR/USD – US-EU trade negotiations coming soon are a key risk

A note via TD on the euro 9this from mid week but its not a day trade piece so still relevant)

(in brief, bolding mine)

Our current forecast profile calls for EURUSD to grind higher this year but market visibility has deteriorated rapidly in recent weeks. Neither leg of the pair presents a compelling positive case right now, helping keep spot pinned within tight ranges. 

  • We retain our bullish strategic call on the EUR
  • there are several factors that could see us pivot away from this view. In particular, US trade tensions could shift more squarely to the EU in the next month. The upcoming Section 232 report on US auto imports and formal US-EU trade negotiations are the key risk events going forward. 
  • It is not our base case, as the US administration is more likely to use the threat of tariffs as a tool at the negotiating table. If auto tariffs are imposed, however, these would represent a potentially significant shock to growth and confidence.
  • The tariff threat may gain some EU concessions
  • US-EU trade talks are likely to follow a more contentious path ahead
  • We do not expect a full-blown trade war to erupt, but an escalation of EU-US trade tensions could represent the single most under-priced risk to our EURUSD forecast profile.
  • Many of the EUR’s current negatives are now in the price, but an additional growth shock could push the ECB into an outright easing bias. This, we think, could send EURUSD to fresh lows for this cycle and has the potential to see a stronger USD emerge overall.

ForexLive

Let’s block ads! (Why?)

Forexlive RSS Breaking news feed

Amazon sales outlook disappoints after record holiday quarter

© Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves © Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves

(Reuters) – Amazon.com Inc (NASDAQ:) on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, dimming the online retailer’s report of record holiday season profit.

Shares of the company fell 1.7 percent to $ 1,690 after the bell.

Amazon posted a 63 percent jump in net income to $ 3.03 billion for the fourth quarter, ahead of analysts’ estimates.

The company has used fast shipping and streaming video to attract shoppers, creating an e-commerce powerhouse. Fees merchants pay Amazon to ship and advertise their products have fattened the company’s once-thin profit margins.

Yet investors turned their attention abroad where Amazon has long lost money in the hopes of future profit. Though its operating loss shrunk to $ 642 million from $ 919 million in the quarter, rules in India created concern. These disallow companies from selling products via vendors in which they have an equity interest.

Brian Olsavsky, Amazon’s chief financial officer, said on a call with reporters, the "situation in India is a bit fluid right now."

"There’s a bit of uncertainty," he said, adding that Amazon’s goal is to minimize the impact on its customers and sellers. "India remains a good long-term opportunity," he said.

The company began removing a wide array of products from its India website late on Thursday to comply with the new foreign investment curbs that kick in on Feb. 1, Reuters reported.

The company forecast net sales of between $ 56 billion and $ 60 billion for the first quarter, missing the analyst average estimate of $ 60.77 billion, according to IBES data from Refinitiv.

Olsavsky said the guidance includes two percentage points of negative impact from changes in currency exchange rates.

Overall, net sales for the fourth quarter rose 19.7 percent to $ 72.38 billion and beat the analyst average estimate of $ 71.87 billion on the back of a strong holiday season, which includes the major U.S. shopping event Black Friday.

"Amazon continued its relentless assault on the high street over Christmas," Nicholas Hyett, Equity Analyst at Hargreaves Lansdown (LON:) said.

Net sales in North America, its biggest market, jumped 18.3 percent to $ 44.12 billion in the reported quarter. International revenue came in a touch above expectations, too.

Amazon said tens of millions of shoppers signed up for Prime during the season, helping boost revenue from subscription fees 25 percent to $ 4.0 billion. The company has more than 100 million Prime members globally.

This expansive customer base has lured merchants to sell goods on the company’s marketplace, to the point where more than half of products sold on Amazon came from third parties earlier last year.

Making Amazon more profitable still are ad sales. The company now ranks alongside Alphabet (NASDAQ:) Inc’s Google and Facebook Inc (NASDAQ:) as titans in marketing, letting these same merchants pay for high placement in Amazon’s search results.

Ad sales and "other" revenue jumped 95 percent to $ 3.4 billion in the fourth quarter.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Let’s block ads! (Why?)

Stock Market News

Obscene porn rules relaxed in England and Wales

Guidelines about what constitutes “obscene” pornography have been relaxed in England and Wales.

The Crown Prosecution Service had previously listed torture and bondage, among other acts, as obscene.

Distributing that type of pornography either on or offline could therefore have led to a prosecution.

But the CPS has now removed the list and replaced it with series of “tests” that determine whether an image or video is classed as obscene.

What has changed?

Owning or distributing an “obscene” video is an offence under the Obscene Publications Act.

Some of the acts previously listed by the CPS were legal to perform with a consenting adult, but were illegal to depict in photos or videos.

“Distributing” obscene material can simply mean sending a video via private message and it can be punished with time in prison.

While the definition of obscene is likely to mean more than just “shocking” or “disgusting”, it is open to interpretation.

For that reason, the CPS previously offered guidance that described the sort of content that could lead to a prosecution.

The list included clearly illegal acts, such as having sex with an animal (bestiality).

However, it also listed practices that others argued were not harmful among consenting adults, such as:

  • sadomasochism
  • torture with instruments
  • bondage
  • activities involving “perversion”, such as urinating or defecating on to the body

Now, the CPS has removed all the specific examples from its guidance.

“It is not for the CPS to decide what is considered good taste or objectionable,” it said in a statement.

A new test

Instead of a list of forbidden acts, the new guidance says owning or producing pornographic material is unlikely to be prosecuted if:

  • it features consenting adults, where the provision of consent is made clear where consent may not be easily determined from the material itself
  • no serious harm is caused, whether physical or otherwise
  • it is not otherwise linked with other criminality
  • the likely audience is not under 18

The CPS said it would “continue to robustly apply the law to anything which crosses the line into criminal conduct and serious harm”.

Lawyer Myles Jackman, who fought for the change, told BBC News: “I have campaigned for this important change to the English criminal law, which has a profound impact for free speech and privacy… for over 10 years.”

Professional pornography

The Audiovisual Media Services Regulations, introduced in 2014, mean online pornography falls under the R18 rating given by the British Board of Film Classification (BBFC).

The BBFC’s guidelines forbid “material judged to be obscene under the current interpretation of the Obscene Publications Act”.

It has not announced plans to change its guidelines. The BBC has contacted the BBFC for comment.

Let’s block ads! (Why?)

BBC News – Technology

Forex – U.S. Dollar Inches Up as Fed Decision, Trade, Weigh

© Reuters.  © Reuters.

Investing.com – The dollar made some gains on Thursday, after falling to near a three-week low Wednesday as the Federal Reserve put further monetary policy tightening on ice.

The Fed left interest rates on hold at its meeting on Wednesday, citing uncertainty over the global economic outlook. It also softened its stance on reducing the size of its balance sheet.

The , which measures the greenback’s strength against a basket of six major currencies, rose 0.06% to 95.08 as of 10:26 AM ET (15:26 GMT).

Trade tensions also weighed, as investors waited for news of developments in trade talks between the U.S. and China. U.S. President Donald Trump is expected to meet with Chinese Vice Premier Liu He in the Oval office later in the day but no deal is expected before Trump meets with Chinese President Xi Jinping.

Meanwhile the number of people who filed for unemployment assistance in the U.S. posted its sharpest rise since September 2017, raising concerns over the health of the economy. Still, the number reflects a sharp increase due to the government shutdown earlier in the month.

The dollar was weaker against the safe-haven yen, with losing 0.26% to trade at 108.72.

Elsewhere, the euro dipped with flat at 1.1476 as news that Italy is in a recession spooked investors. The pound was down with falling 0.08% to 1.3104 as the Brexit drama grinds towards a climax.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Let’s block ads! (Why?)

Forex News

Venezuela power struggle hinges on Maduro's military

Caracas, Venezuela — Waving flags and chanting “freedom,” Venezuelans hit the streets again on Wednesday in a peaceful demonstration against the country’s embattled President Nicolas Maduro. His rule, they say, has ruined Venezuela.

CBS News correspondent Elizabeth Palmer reports the protesters say they’ve had enough of food shortages, hospitals without drugs, gross corruption and dirty politics — especially after Maduro’s re-election late last year, which they believe was rigged.

“We want free and decent elections, we deserve them,” said protester Maribel Quevedo.

“We have fought for 20 years against this (government), we can’t take it anymore,” added Maciel Trejo.

The man leading the anti-Maduro fight joined the protesters on the streets of Caracas. Juan Guaidó, head of Venezuela’s congress, the National Assembly, has been recognized as interim president by the United States, along with Canada, the European Union, the Organization of American States and more than a dozen Latin American nations.

But Maduro still has the firm backing of his international allies, including Russia and China. Closer to home, Mexico and Cuba are also maintaining relations with his regime.

U.S. imposes sanctions against Venezuela’s state oil company

In an op-ed in Thursday’s New York Times, Guaidó called for more global support to try and pressure Maduro’s military commanders into abandoning him.

“The military’s withdrawal of support from Mr. Maduro is crucial to enabling a change in government,” he wrote.

The U.S. government is also trying to increase the pressure on Maduro within his own country’s borders. Vice President Mike Pence is expected in Miami on Friday to meet members of the Venezuelan exile community, and give robust remarks expressing the Trump administration’s backing of Guaidó. President Trump himself congratulated Guaidó in a tweet on Wednesday on what he called his, “historic assumption of the presidency.”

But Maduro has doubled down. Yesterday state television broadcast pictures of him calling on gathered troops to defend their commander in chief and, for now, the military appears to be standing firm.

Venezuela's President Nicolas Maduro gestures during a meeting with soldiers at a military base in Caracas
Venezuela’s President Nicolas Maduro gestures during a meeting with soldiers at a military base in Caracas, Venezuela, Jan. 30, 2019. HANDOUT

Maduro also had a warning for the United States, issued in a direct appeal to the American public — in English — via a tweet. He claimed the Trump administration, “intends to turn my Homeland into a “Vietnam war” in Latin America. Don’t allow it! “

The Trump administration has left all options on the table to support Guaidó as he tries to solidify his power — and to defend him from Maduro, if necessary. The White House’s new envoy for Venezuela policy, Elliot Abrams, noted on Wednesday that Maduro’s “regime has not acted against him (Guaidó) in some time and I hope that is because they recognize that he has the support of the vast majority of Venezuelans.”  

Europe also appeared to ratchet up its backing for Guaidó on Thursday, with the EU calling on all 28 member states to individually recognize him as the legitimate Venezuelan leader. “All of Venezuela is watching us,” Member of the European Parliament Esteban Gonzalez Pons, of Spain, said on Thursday. “Let’s make Venezuelan history today by recognizing the democratic and legitimate power of Venezuela.”

Guaidó tweeted that he had spoken on the phone with the leader of the EU Parliament and begun “processes of cooperation between Venezuela and Europe with a view to protecting assets and humanitarian aid.” He added his own gentle prod to the 28 individual member states, noting that his country was, “waiting on the countries of Europe.”

SKOREA-US-MILITARY
A file photo shows a U.S. Air Force C-17 Globemaster cargo jet landing at U.S. Osan Air Base in Pyeongtaek, South Korea, Sept. 23, 2016. Getty

Aviation bloggers have noted, meanwhile, that two U.S. military planes — including a giant C-17 Globemaster cargo aircraft — paid a visit to neighboring Colombia on Wednesday. Colombian media reports, citing U.S. officials, said no American troops got off the jets to stay in Colombia, and the U.S. military has long cooperated closely with Colombia’s forces.

However, Voice of America’s Steve Herman called the visit by the C-17 “unusual,” and coming just days after Mr. Trump’s National Security Adviser John Bolton was seen holding a notepad with the words “5,000 troops to Colombia” scrawled on it, the four-hour stop by the C-17 has piqued interest in the region.

Guaidó has said his Western-backed, parallel Venezuelan government is in secret talks with elements of the country’s military, and he’s repeatedly offered amnesty to commanders and troops not guilty of committing crimes against humanity.

The opposition leader was to address the country later on Thursday to lay out his vision for Venezuela, and to turn up the heat on Maduro.

Let’s block ads! (Why?)

World – CBSNews.com

Alleged fake pharmacists' 745K prescriptions

Let’s block ads! (Why?)

U.S. – CBSNews.com

Italy Q4 preliminary GDP -0.2% vs -0.1% q/q expected

Latest data released by Istat – 31 January 2019

Italy GDP
  • Prior -0.1%
  • GDP +0.1% vs +0.3% y/y expected
  • Prior +0.7%; revised to +0.6%

ForexLive

Slight delay in the release by the source. Italian quarterly growth shrinks for a second straight quarter and confirms the economy slips into a recession. The headline here sends EUR/USD to its low of the day at 1.1478. I’d expect the pair to bounce back to near 1.1500 ahead of US trading though (unless the dollar surprises to the upside). The result here was very much expected so it is more of a minor knee-jerk on the headline.

Let’s block ads! (Why?)

Forexlive RSS Breaking news feed

Forex – Dollar in Funk as Fed Preaches Patient Approach to Rate Hikes

© Reuters.  © Reuters.

Investing.com – The U.S. dollar fell sharply against its rivals as the Federal Reserve left interest rates unchanged and vowed to keep the brakes on further rate hikes amid concerns about slowing growth and subdued inflation.

The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.47% to 95.37.

In a dovish move, the Federal Reserve kept rates unchanged and opted for a more cautioned tone in its monetary policy statement.

The central bank ditched its preference to continue with “gradual” rate hikes, saying it can hold off on monetary policy tightening following a slowdown in global growth and muted inflation pressures.

“In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes,” the Fed said.

The Fed also said it was open to adjusting its balance sheet normalization if economic conditions called for a more robust response beyond simply adjusting its benchmark rate.

The decision to leave rates alone arrived just hours after data showed ongoing weakness in the underlying U.S. housing market.

The National Association of Realtors said fell 2.2% to 99 last month. That was the lowest reading since April 2014.

Elsewhere, the pound recouped some of its losses against the greenback from a day earlier. Investors continue to bet that a no-deal Brexit will be avoided despite a key amendment to the Withdrawal Deal failing to win enough votes in Parliament on Tuesday.

U.K. lawmakers on Tuesday rejected an amendment that would have postponed the Britain’s scheduled departure date of March 29.

rose 0.35% to $ 1.3312, while rose 0.46% to $ 1.1484.

slumped 0.88% as rising oil prices underpinned the loonie, limiting gains in the pair.

fell 0.39% to Y108.95.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Let’s block ads! (Why?)

Forex News