Category: Sport

Submitted by: Robert Corter

With the advent of the Internet, came a rush of sports fans that think they know all about the games that millions watch on a regular basis. Some of them were right on with their analysis, while many others were just spouting off rhetoric, ideas, and random thoughts. It s been decades since the Internet first introduced the world to the educated sports fan, and times have changed in a significant way. For instance, did you know that you can get some serious sports picks that will help you wager on games and outcomes like a pro? The information is out there, but deciphering which is best for your needs can be relatively difficult, especially since information is ubiquitous online. When you finally get ready to take on the challenge of winning at sports betting, consider the following 3 things to avoid when looking for tips and picks online.

The Lone Expert First and foremost, do not simply go with a person that has a blog with no comments, few posts and appears to be starting out. There s nothing wrong with starting out and having a small following of fans and friends. However, trusting the tips and tricks of a new comer is something you don t want to bank on. With time the startups will have a following and their tips and tricks will be proven methods of making money, but on day one, they are not going to get you far. Do not rely on a lonely expert, nor someone that is just starting out. You need expert advice, and that comes with time and effort.

The Professional Expert The second major thing that you re going to want to watch out for is the professional expert. Often times these guys are paid analysts for a sports magazine or television program, and they seem to know what they are talking about, until you start to rely on them and you go on a long winded losing streak. The reason you want to avoid these guys is because they get paid no matter what, and they are not readily playing their bets, they are just mouthing off. This is not to say that they are 100% wrong, but they are not usually batting 1,000 when it comes to their picks, so beware.

The Limited Time Expert There are going to be a lot of guys that are throwing out information in a limited time capacity. Watch out for these guys because they will upsell you until you are paying out thousands of dollars for t heir picks. Anyone who has limited time information is only going to scam you. Watch out for them.

The above 3 experts are going to be readily available when you start learning about sports betting. You need to make sure that you re able to decipher which is going to be a solid betting tip and which is going to find you losing big money. Take your time, measure your bets carefully, and you ll find yourself making serious money with sports.

About the Author: Looking for the best

sports picks

? Sportsbook Investing is the #1

sports handicapping

service online – their unique systems WORKS – check out the FREE video preview at

SportsbookInvesting.com

now!

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1593465&ca=Entertainment

Submitted by: Growth Aces

USD/JPY: Japan’s leading indicator suggests economic recovery.

Japanese Economics Minister Akira Amari said there is nothing surprising about the dollar’s rise to a six-year high versus the yen. Amari said he would expect the government and the Bank of Japan to work together to support the economy if there was uncertainty about the outlook. Amari said the government is ready to roll out a stimulus package to limit the economic impact if it decides to raise the sales tax next year.

Japanese Finance Minister Taro Aso said that rapid FX moves were undesirable. He added he shared the central bank chief’s concern about the risks of forgoing a planned sales tax hike next year given the country’s dire public finances. He was referring to Bank of Japan Governor Haruhiko Kuroda’s remark the previous day that the government and central bank would not be able to respond to such risks in the event that Japan’s debt management loses market confidence.

Japan’s index of coincident economic indicators rose a preliminary 0.2 point in July from the previous month. The index of leading economic indicators rose 0.6 point from June. We see that leading indicator is a gauge of the economy a few month ahead. It falls earlier and faster than coincidence indicator ahead of economic slowdown (in this case the coincidence indicator is often above the leading indicator) and rises earlier and faster ahead of economic recovery (in this case the coincidence indicator is often below the leading indicator). In line with today’s reading the coincidence indicator is above the leading indicator but the difference has narrowed. This means that the economy is in the downturn phase, but we could expect positive tendencies for GDP growth in the next quarters.

On the other hand, a recent run of weak data, including a slump in household spending and slow output growth in July, has cast doubt on the forecast that the economy will rebound steadily in the current quarter to sustain a moderate recovery. The pace of growth from July will be crucial to Prime Minister Shinzo Abe’s decision, expected by year-end, on whether to proceed with a scheduled second increase in the sales tax to 10%.

The USD/JPY touched a near six-year high of 105.71 before comments from Aso that rapid moves of the JPY rate were undesirable and profit-taking ahead of the US Non-Farm Payrolls report pushed it down. An important support is at 104.88 pivot point. We have raised our bid to 104.90 to get long on the next dip.

In the opinion of GrowthAces.com the USD/JPY will remain on its path to the upside. The one reason is the strength of the USD and the second reason is increased likelihood of additional QE measures by the BOJ after weak macroeconomic releases in Japan. The central bank shifts gradually towards dovishness in its statements following monetary policy decisions since the beginning of this year. In August the BOJ acknowledged the recent weakness in exports and industrial production and in September it referred to the decline in housing investment.

Significant technical analysis’ levels:

Resistance: 105.71 (high Sep 5),106.00 (psychological level), 106.15 (high Oct 3, 2008)

Support: 105.00 (psychological level), 104.75 (low Sep 4), 104.72 (low Sep 3)

EUR/USD: All eyes on US Non-Farm Payrolls data today.

German industrial output rose in July by 1.9% mom, much more than the market consensus of 0.3% mom. The data for June was revised up to a gain of 0.4% mom from a previously reported increase of 0.3% mom.

ECB Governing Council member Ewald Nowotny said that the central bank cut interest rates in part to help weaken the euro. He added that the EUR/USD rate around 1.30 or slightly lower was “going in the right direction”.

The EUR/USD struggled to regain a footing on Friday after suffering its biggest daily fall in almost three years on the back of a surprise rate cut in the euro zone. The main event today is the release of Non-Farm Payrolls data. Should the reading beat estimate another sharp EUR/USD down move is likely.

In the opinion of GrowthAces.com once currency markets have digested the latest ECB moves, the EUR/USD may resume a positive trend in the medium term. We do not assume a scenario of another big sell-off but current momentum and sentiment pose downside risks to this currency pair.

Significant technical analysis’ levels:

Resistance: 1.2994 (hourly low Sep 4), 1.3030 (recovery high Sep 4), 1.3110 (low Sep 2)

Support: 1.2920 (low Sep 4), 1.2788 (61.8% of 1.2042-1.3995), 1.2755 (low Jul 9, 2013)

GROWTHACES.COM Trading Positions:

AUD/USD: long at 0.9305, target 0.9470, stop-loss 0.9230

USD/CAD: long at 1.0850, target 1.1000, stop-loss 1.0810

GrowthAces.com is an independent macroeconomic research consultancy for traders. We offer you daily forex analysis with forex trading signals. The service covers forex forecasts and signals for following currencies: EUR, USD, GBP, JPY, CAD, CHF, AUD, NZD as well as emerging markets. Our subscribers should expect to receive: forex trading strategies, latest price changes, support and resistance levels, buy and sell forex signals and early heads-up about the potential fx trading opportunities. GrowthAces.com offers also daily macroeconomic fundamental analysis that enables you to see fundamental changes on forex market. We provide in-depth analysis of economic indicators resulting from knowledge, experience, advanced statistics and cutting-edge quantitative tools.

We encourage you to subscribe to our daily forex newsletter on http://growthaces.com to get daily analysis for forex traders. We intend that our consultancy should help you make better decisions. At GrowthAces.com we give our best to you – always greatest quality, usefulness and profitability.

About the Author: We encourage you to subscribe to our daily forex newsletter on

growthaces.com

to get daily analysis for forex traders. We intend that our consultancy should help you make better decisions. At

GrowthAces.com

we give our best to you – always greatest quality, usefulness and profitability.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1907131&ca=Finances}