Thursday, November 12, 2009
Forex trading examples
Example 1
An investor has a margin deposit with Saxo Bank of USD 100,000.
The investor expects the US dollar to rise against the Swiss franc and therefore decides to buy USD 2,000,000 - 2% of his maximum possible exposure at a 1% margin Forex gearing.
The Saxo Bank dealer quotes him 1.5515-20. The investor buys USD at 1.5520.
Day 1: Buy USD 2,000,000 vs. CHF 1.5520 = Sell CHF 3,104,000.
Four days later, the dollar has actually risen to CHF 1.5745 and the investor decides to take his profit.
Upon his request, the Saxo Bank dealer quotes him 1.5745-50. The investor sells at 1.5745.
Day 5: Sell USD 2,000,000 vs. CHF 1.5745 = Buy CHF 3,149,000.
As the dollar side of the transaction involves a credit and a debit of USD 2,000,000, the investor's USD account will show no change. The CHF account will show a debit of CHF 3,104,000 and a credit of CHF 3,149,000. Due to the simplicity of the example and the short time horizon of the trade, we have disregarded the interest rate swap that would marginally alter the profit calculation.
This results in a profit of CHF 45,000 = approx. USD 28,600 = 28.6% profit on the deposit of USD 100,000.
Example 2:
The investor follows the cross rate between the EUR and the Japanese yen. He believes that this market is headed for a fall. As he is not quite confident of this trade, he uses less of the leverage available on his deposit. He chooses to ask the dealer for a quote in EUR 1,000,000. This requires a margin of EUR 1,000,000 x 5% = EUR 10,000 = approx. USD 52,500 (EUR /USD 1.05).
The dealer quotes 112.05-10. The investor sells EUR at 112.05.
Day 1: Sell EUR 1,000,000 vs. JPY 112.05 = Buy JPY 112,050,000.
He protects his position with a stop-loss order to buy back the EUR at 112.60. Two days later, this stop is triggered as the EUR o strengthens short term in spite of the investor's expectations.
Day 3: Buy EUR 1,000,000 vs. JPY 112.60 = Sell JPY 112,600,000.
The EUR side involves a credit and a debit of EUR 1,000,000. Therefore, the EUR account shows no change. The JPY account is credited JPY 112.05m and debited JPY 112.6m for a loss of JPY 0.55m. Due to the simplicity of the example and the short time horizon of the trade, we have disregarded the interest rate swap that would marginally alter the loss calculation.
This results in a loss of JPY 0.55m = approx. USD 5,300 (USD/JPY 105) = 5.3% loss on the original deposit of USD 100,000.
Forex Trading Basics
There are many reasons for the popularity of foreign exchange trading, but among the most important are the leverage available, the high liquidity 24 hours a day and the very low dealing costs associated with trading.
Of course many commercial organisations participate purely due to the currency exposures created by their import and export activities, but the main part of the turnover is accounted for by financial institutions. Investing in foreign exchange remains predominantly the domain of the big professional players in the market - funds, banks and brokers. Nevertheless, any investor with the necessary knowledge of the market's functions can benefit from the advantages stated above.
Of course many commercial organisations participate purely due to the currency exposures created by their import and export activities, but the main part of the turnover is accounted for by financial institutions. Investing in foreign exchange remains predominantly the domain of the big professional players in the market - funds, banks and brokers. Nevertheless, any investor with the necessary knowledge of the market's functions can benefit from the advantages stated above.
Saturday, October 31, 2009
FOREX
FOREXTrader PRO includes a sleek user interface packed with advanced charting functionality and enhanced customisation features that sophisticated forex traders need and deserve. Get powerful trading tools, award winning forex research and advanced order types to help you place trades and manage your account. Our FOREXTrader Charts are fully integrated on the FOREXTrader PRO platform providing you with easy access and complete control. With over 70 technical customisable indicators and several chart types, we make it easy to analyse the market using technical analysis. A fully customisable trading environment allows you to modify settings to meet your personal trading needs. Create and save layouts that suit your trading style or access our pre-set layouts for maximum ease. Our convenient tear-off windows ensure that you're never far from your next trade, even when working in other programs.
FOREXTrader Charts
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Get a closer look at the markets with FOREXTrader Tick Chart.
Our FOREXTrader Charts are fully integrated on the FOREXTrader PRO platform. A streamlined layout makes it easy to access commonly used features and indicators.
Whether you use Stochastics, Bollinger Bands, Moving Averages, Ichimoku or Fibonacci, you can find over 70 technical and line studies right within the charting application.
Identify trends in the market with over 70 customisable technical indicators
Seize trading opportunities directly from the charting window with our integrated dealing buttons.
Visually track your open positions and orders, giving you maximum position management flexibility.
Use the template saver to save your personalised charting setups and apply them to future charts.
Get a closer look at the markets with FOREXTrader Tick Chart.
Wednesday, October 14, 2009
Retail sales hint consumer demand improving
By Lucia Mutikani
WASHINGTON (Reuters) - U.S. retail sales excluding auto purchases rose for a second month in September, raising cautious optimism consumer spending could support the economy's fledgling recovery from the worst recession since the 1930s.
A Commerce Department report on Wednesday showed non-auto sales rose a stronger-than-expected 0.5 percent last month, building on the 1 percent gain reported in August and beating economists' expectations for a 0.2 percent increase.
The data cemented views the economy started growing again in the July-September period after four quarters of decline, even though overall retail sales slumped 1.5 percent as car-buying incentives expired.
"There's solidity, or new strength, in all discretionary spending categories," said Pierre Ellis, senior economist at Decision Economics in New York. "We evidently have hit the bedrock level of consumer spending and can even see a little bit of normalcy going forward."
U.S. stocks were on a firm footing with some help from the retail sales report and forecast-beating earnings from Intel Corp, the world's largest chipmaker, and No. 2 U.S. bank JPMorgan Chase & Co. For details, see.
An unexpectedly big drop in U.S. business inventories in August raised the risk, however, that the economy's third-quarter rebound might miss forecasts for a growth pace above 3 percent.
Business inventories fell 1.5 percent in August, the biggest drop since December, the Commerce Department said. Wall Street economists had looked for only a 0.9 percent decline.
There were also signs of economic healing in Europe. Euro zone industrial output accelerated month-on-month in August and July production was revised upwards, providing evidence the area's economy probably started growing in the third quarter.
CONSUMER SPENDING IMPROVING
U.S. car sales tumbled 10.4 percent last month, the largest fall since August 2005, as the government's popular "cash for clunkers" program ended. The program, which gave consumers cash to trade in aging gas-guzzlers for new fuel-efficient cars, had helped push sales up 7.8 percent in August.
Elsewhere, however, there were solid sales gains across almost all categories in September. Sales were probably supported by back-to-school buying, as well as the best furniture and home furnishings sales since January 2007.
"Underlying consumer demand is a lot stronger than what some people think. Typically the back-to-school is a good predictor for holiday sales," said John Canally, economist at LPL Financial in Boston.
WASHINGTON (Reuters) - U.S. retail sales excluding auto purchases rose for a second month in September, raising cautious optimism consumer spending could support the economy's fledgling recovery from the worst recession since the 1930s.
A Commerce Department report on Wednesday showed non-auto sales rose a stronger-than-expected 0.5 percent last month, building on the 1 percent gain reported in August and beating economists' expectations for a 0.2 percent increase.
The data cemented views the economy started growing again in the July-September period after four quarters of decline, even though overall retail sales slumped 1.5 percent as car-buying incentives expired.
"There's solidity, or new strength, in all discretionary spending categories," said Pierre Ellis, senior economist at Decision Economics in New York. "We evidently have hit the bedrock level of consumer spending and can even see a little bit of normalcy going forward."
U.S. stocks were on a firm footing with some help from the retail sales report and forecast-beating earnings from Intel Corp, the world's largest chipmaker, and No. 2 U.S. bank JPMorgan Chase & Co. For details, see.
An unexpectedly big drop in U.S. business inventories in August raised the risk, however, that the economy's third-quarter rebound might miss forecasts for a growth pace above 3 percent.
Business inventories fell 1.5 percent in August, the biggest drop since December, the Commerce Department said. Wall Street economists had looked for only a 0.9 percent decline.
There were also signs of economic healing in Europe. Euro zone industrial output accelerated month-on-month in August and July production was revised upwards, providing evidence the area's economy probably started growing in the third quarter.
CONSUMER SPENDING IMPROVING
U.S. car sales tumbled 10.4 percent last month, the largest fall since August 2005, as the government's popular "cash for clunkers" program ended. The program, which gave consumers cash to trade in aging gas-guzzlers for new fuel-efficient cars, had helped push sales up 7.8 percent in August.
Elsewhere, however, there were solid sales gains across almost all categories in September. Sales were probably supported by back-to-school buying, as well as the best furniture and home furnishings sales since January 2007.
"Underlying consumer demand is a lot stronger than what some people think. Typically the back-to-school is a good predictor for holiday sales," said John Canally, economist at LPL Financial in Boston.
Tuesday, August 18, 2009
Short Term Rebound for the U.S. Dollar
The U.S. dollar is gaining momentum over weak economic data. The trend should continue over the short/medium term. However, the longer term picture stays bearish for the greenback.
U.S.: The trade balance to widen further?The FOMC meeting of last week was basically a non-event, since the Fed reiterated the need to keep rates low for an extensive period of time, albeit it sees the U.S. economy stabilizing. Rates should again rise in the second part of next year, despite expectations mounting for an increment in December. In fact, after WW2, the Federal Reserve started to increase rates six months following the top in the unemployment rate, which, at present time, might happen sometimes this year or at the beginning of the next. Finally, the Fed has apparently no intention of expanding the purchase of USD 300 billion of longer-term U.S. bonds after the October’s target. With inflation so low, the consumer price index was down 2.1% year-on-year in July, a “wait and see” approach could be the best solution. In reality, economic data remains volatile. Angelo Airaghi is a Commodity Trading Advisor, registered with the National Futures Association and the Commodity Futures Trading Commission. He has been an active professional since 1990 working for major international financial companies. In the past 10 years, Angelo Airaghi has been an analyst and commentator for national and international media.
U.S.: The trade balance to widen further?The FOMC meeting of last week was basically a non-event, since the Fed reiterated the need to keep rates low for an extensive period of time, albeit it sees the U.S. economy stabilizing. Rates should again rise in the second part of next year, despite expectations mounting for an increment in December. In fact, after WW2, the Federal Reserve started to increase rates six months following the top in the unemployment rate, which, at present time, might happen sometimes this year or at the beginning of the next. Finally, the Fed has apparently no intention of expanding the purchase of USD 300 billion of longer-term U.S. bonds after the October’s target. With inflation so low, the consumer price index was down 2.1% year-on-year in July, a “wait and see” approach could be the best solution. In reality, economic data remains volatile. Angelo Airaghi is a Commodity Trading Advisor, registered with the National Futures Association and the Commodity Futures Trading Commission. He has been an active professional since 1990 working for major international financial companies. In the past 10 years, Angelo Airaghi has been an analyst and commentator for national and international media.
Monday, July 13, 2009
Buying and Selling Currencies
Traders can generate profits (or losses) whether a currency is rising or falling by buying one currency, which is anticipated to gain value against another currency or selling one currency, which is anticipated to lose value against another currency. Taking a long position is one in which a trader buys a currency at one price and aims to sell it later at a higher price. Alternatively, a short position is one in which the trader sells a currency that he anticipates to depreciate and aims to buy the currency back later at a lower price.
Buying or selling currencies in response to economic or political events which occur are reactive, whereas buying or selling currencies on anticipated events is speculative. The bulk of currency activity is generated by market participants anticipating the direction of currency prices. In general, the value of a currency versus other currencies is a reflection of the condition of that country’s economy with respect to the other major economies.It is the trader’s option to take either a conservative or a more risk-taking approach. Employing a conservative approach, the trader establishes and liquidates positions quickly and efficiently to capitalize on even the slightest of price fluctuations, using limit and stop orders to manage risk. A limit order is placed to ensure a position is established once a price level in the market has been reached.* A stop order is placed to automatically liquidate a position at a chosen price level in order to limit potential loss on a particular trade. By placing orders in relation to technical support and resistance levels, the trader may profit incrementally from the minor price fluctuations that occur each day.
Buying or selling currencies in response to economic or political events which occur are reactive, whereas buying or selling currencies on anticipated events is speculative. The bulk of currency activity is generated by market participants anticipating the direction of currency prices. In general, the value of a currency versus other currencies is a reflection of the condition of that country’s economy with respect to the other major economies.It is the trader’s option to take either a conservative or a more risk-taking approach. Employing a conservative approach, the trader establishes and liquidates positions quickly and efficiently to capitalize on even the slightest of price fluctuations, using limit and stop orders to manage risk. A limit order is placed to ensure a position is established once a price level in the market has been reached.* A stop order is placed to automatically liquidate a position at a chosen price level in order to limit potential loss on a particular trade. By placing orders in relation to technical support and resistance levels, the trader may profit incrementally from the minor price fluctuations that occur each day.
Sunday, July 12, 2009
ForexCharts by eSignal
ForexCharts by eSignal is a complete charting package developed by a leading provider of real-time market information and award-winning products and services. The ForexCharts by eSignal package provides indicators and drawing tools for trend analysis and to identify potential entry and exit points, and includes the following features:
Real time data feed powered by FOREX.com for the majors and several crosses
Composite data feed from Global Treasury Information Services, Inc. (GTIS), that provides a broad representation of the market as a whole
Line, bar and candlestick charts
More than 30 analytical studies
Page-saving system to organize charts and layouts, and more.......
Real time data feed powered by FOREX.com for the majors and several crosses
Composite data feed from Global Treasury Information Services, Inc. (GTIS), that provides a broad representation of the market as a whole
Line, bar and candlestick charts
More than 30 analytical studies
Page-saving system to organize charts and layouts, and more.......
Saturday, July 11, 2009
FOREX TRADER
Advanced trading tools with up to the second position and account information.Designed to run in a web browser environment, FOREXTrader.java supports multiple operating systems and web browsers.FOREXTrader.java utilizes push technology to provide real time quotes and instantaneous updates about your open positions, P&L, margin and account balances. The Java Edition also offers clients the ability to trade on the platform in 5 different languages, including English, Chinese, Japanese, Russian, and Spanish.
Friday, July 10, 2009
FX Auto
FX Auto is an independent provider in automated trading systems. With more than 50 unique automated forex trading systems to choose from, FX Auto's simple user interface and advanced strategy management capabilities help you create custom trading portfolios with pre-defined signals that will automatically execute trades according to your specifications. With FX Auto you can:
Choose from over 50 pre-defined trading systems
Combine multiple systems to create your own customized portfolio, or select a pre-built one
Set advanced money management techniques on each trading system
Seamlessly integrate your trading systems on one or more of your FX Auto accounts
Easily monitor and manage your positions on the advanced trading platform
Back-test performance of an individual strategy or your custom built portfolio as a whole
Track and monitor all trades in an account Custom build your portfolio and back-test Choose from over 50 strategies developed by money managers and other leading research groups and combine them to build a trading system portfolio. You can also choose from pre-built portfolios and then customize them by adding or removing trading systems. FX Auto gives you the ability to back-test each strategy independently, or analyze your systems portfolio as a whole.
Choose from over 50 pre-defined trading systems
Combine multiple systems to create your own customized portfolio, or select a pre-built one
Set advanced money management techniques on each trading system
Seamlessly integrate your trading systems on one or more of your FX Auto accounts
Easily monitor and manage your positions on the advanced trading platform
Back-test performance of an individual strategy or your custom built portfolio as a whole
Track and monitor all trades in an account Custom build your portfolio and back-test Choose from over 50 strategies developed by money managers and other leading research groups and combine them to build a trading system portfolio. You can also choose from pre-built portfolios and then customize them by adding or removing trading systems. FX Auto gives you the ability to back-test each strategy independently, or analyze your systems portfolio as a whole.
Today's Market Update July 10, 2009 5:32 AM
Risk aversion was evident in the market again today. Stocks are generally down in Europe, EUR/USD is lower and the yen has made additional progress. Yen gains accelerated around the London open before running into sellers, USD/JPY is modestly lower but EUR/JPY and AUD/JPY have both registered significant falls. The USD posed little reaction from comments made at the G8 apparently aimed at its dominance as a global reserve currency. Better than expected industrial production data this morning from France and Italy had little impact. However, insofar as these data come on the back of this week's better German data they do soften the economic outlook in the Eurozone. UK PPI inflation data was weaker than expected. This will stir up additional interest in what policy decision the BoE will likely take in August following its decision yesterday not to increase its asset purchases plan.
UK Jun PPI output fell -1.2% y/y. The weakness in this series is in contrast with that of the CPI. The latter is edging lower but is proving to be more stubborn on the downside than the market has been expected. The failure so far of CPI (at 2.2% y/y in May), to fall below the BoE's 2.0% y/y target may be a factor in the yesterday's decision by the MPC not to announce further quantitative easing. In contrast the PPI highlights an absence of underlying inflationary pressures. June CPI is due next week, the market expects a fall to 1.8% y/y. Given that the BoE has apparently deferred a decision on QE, the August MPC meeting will now be a crucial event for the UK markets. This morning cable has edged lower in tune with the more risk adverse tone of the market today. Of interest, is that EUR/GBP is holding below last night's close, re-establishing its downtrend and suggesting that sterling continues to find support in yesterday's decision by the BoE not to extend its QE program.
UK Jun PPI output fell -1.2% y/y. The weakness in this series is in contrast with that of the CPI. The latter is edging lower but is proving to be more stubborn on the downside than the market has been expected. The failure so far of CPI (at 2.2% y/y in May), to fall below the BoE's 2.0% y/y target may be a factor in the yesterday's decision by the MPC not to announce further quantitative easing. In contrast the PPI highlights an absence of underlying inflationary pressures. June CPI is due next week, the market expects a fall to 1.8% y/y. Given that the BoE has apparently deferred a decision on QE, the August MPC meeting will now be a crucial event for the UK markets. This morning cable has edged lower in tune with the more risk adverse tone of the market today. Of interest, is that EUR/GBP is holding below last night's close, re-establishing its downtrend and suggesting that sterling continues to find support in yesterday's decision by the BoE not to extend its QE program.
Thursday, June 18, 2009
Rate Summary
The rate comparison window is a summary view of today's prices, listed by currency pair. High / Low columns display High Offer and Low Bid - which is reset daily at 1700 ET (New York close).
This information can be customized according to user preference. The columns may be sorted and rearranged in the same manner as the Position Management window.
This information can be customized according to user preference. The columns may be sorted and rearranged in the same manner as the Position Management window.
Real-Time News Feed
FOREXTrader includes a 24-hour streaming news feed, provided by market-leading news provider RTT News. RTT News provides up-to-the-minute, actionable market news and analysis. Clients use the unbiased, acclaimed coverage of market activity, flows and sentiment to make informed trading decisions.
Friday, May 22, 2009
Saturday, May 16, 2009
Red Bull Rookie Stafford recovering at home
English rider hurt at Gran Premio bwin.com Harry Stafford, badly concussed after crashing during the first Red Bull MotoGP Rookies Cup race of the season in Jerez, is resting at home in England and continues to make a good recovery.
“We got home Saturday afternoon and it’s good to be back,” said the 15 year-old who crashed on the sixth lap while battling for the lead in a close pack and was run over. He sustained a broken right collarbone and a bang to the head that knocked him out and though not deeply unconscious he was taken to hospital in Cadiz where he made slow but steady progress.
“I only remember bits of the race but I know I was enjoying it and not having any trouble running that pace, not trying too hard. I’ve watched the race and the crash on the website quite a few times and I can see that I was pretty comfortable where I was at the front. It was just a bit unlucky that the racing was so close that I got run over.”
“I’ve had a lot of cards, messages and stuff. That’s great and I am looking forward to going to Mugello to see everyone, it’s just a shame I can’t race,” added Stafford whose family had already planned a trip to the Italian round on 30th May together.
“I can’t ride for eight weeks I think but we’ll see Dr Costa in Mugello,” Stafford continued. “He told the Spanish doctors not to operate on my collarbone because it would heal on its own before I needed to go racing again. As my head is feeling better the collarbone is hurting more.”de España recuperating at home with his family.
“We got home Saturday afternoon and it’s good to be back,” said the 15 year-old who crashed on the sixth lap while battling for the lead in a close pack and was run over. He sustained a broken right collarbone and a bang to the head that knocked him out and though not deeply unconscious he was taken to hospital in Cadiz where he made slow but steady progress.
“I only remember bits of the race but I know I was enjoying it and not having any trouble running that pace, not trying too hard. I’ve watched the race and the crash on the website quite a few times and I can see that I was pretty comfortable where I was at the front. It was just a bit unlucky that the racing was so close that I got run over.”
“I’ve had a lot of cards, messages and stuff. That’s great and I am looking forward to going to Mugello to see everyone, it’s just a shame I can’t race,” added Stafford whose family had already planned a trip to the Italian round on 30th May together.
“I can’t ride for eight weeks I think but we’ll see Dr Costa in Mugello,” Stafford continued. “He told the Spanish doctors not to operate on my collarbone because it would heal on its own before I needed to go racing again. As my head is feeling better the collarbone is hurting more.”de España recuperating at home with his family.
Wednesday, May 13, 2009
Monday, May 11, 2009
Saturday, May 9, 2009
Friday, May 8, 2009
Wednesday, May 6, 2009
Edwards singles out Le Mans for best chance of first victory
“If I’m going to win a race, it will be there,” says American star.
Three pole positions, four second places and six third places to his name leave Colin Edwards with just one more Grand Prix honour missing from his CV. Time is running out for the Monster Yamaha Tech 3 rider to take that elusive first win, and the ‘Texas Tornado’ has singled out the upcoming Grand Prix de France as his return to the Last Chance Saloon.
“Let’s go to Le Mans. I’m ready,” said Edwards, rubbing his hands with glee. “If I’m going to win a race, then it’s going to be there, as I’ve always gone good at the track. Now that the field has evened out with the tyres I’m really looking forward to the race,” he added, his voice picking up after reflecting on a disappointing round at Jerez.
“I’ve never liked this place. I had one good result here, and always spend the entire weekend setting up the bike. If we’d used this setting before then we would maybe have realised that it didn’t work either. We just had no rear grip and no real ‘push’ –something that we need to dip into the corners.”
Edwards will hope to have such problems revolved for Le Mans, where he gave the France-based Yamaha satellite squad a home podium in 2008.
Three pole positions, four second places and six third places to his name leave Colin Edwards with just one more Grand Prix honour missing from his CV. Time is running out for the Monster Yamaha Tech 3 rider to take that elusive first win, and the ‘Texas Tornado’ has singled out the upcoming Grand Prix de France as his return to the Last Chance Saloon.
“Let’s go to Le Mans. I’m ready,” said Edwards, rubbing his hands with glee. “If I’m going to win a race, then it’s going to be there, as I’ve always gone good at the track. Now that the field has evened out with the tyres I’m really looking forward to the race,” he added, his voice picking up after reflecting on a disappointing round at Jerez.
“I’ve never liked this place. I had one good result here, and always spend the entire weekend setting up the bike. If we’d used this setting before then we would maybe have realised that it didn’t work either. We just had no rear grip and no real ‘push’ –something that we need to dip into the corners.”
Edwards will hope to have such problems revolved for Le Mans, where he gave the France-based Yamaha satellite squad a home podium in 2008.
Saturday, May 2, 2009
Thursday, April 30, 2009
Improvement required for Suzuki in southern Spain
Rizla Suzuki riders Chris Vermeulen and Loris Capirossi want a good points haul in Jerez following a modest start to the 2009 World Championship
Having demanded and received improvements to the Suzuki GSV-R 800cc MotoGP prototype from the Japanese factory over the winter Chris Vermeulen and Loris Capirossi are under pressure to start delivering results after two races of the 2009 season.
Vermeulen started his fourth full season in MotoGP with a solid seventh place in Qatar, but struggled due to an electrical gear shift fault in Japan and could only manage tenth place having qualified in fourth.
The Australian was the fifth fastest rider at the MotoGP Official test in Jerez before the start of the championship and believes he can get a good result this weekend at the Gran Premio bwin.com de España.
Vermeulen started his fourth full season in MotoGP with a solid seventh place in Qatar, but struggled due to an electrical gear shift fault in Japan and could only manage tenth place having qualified in fourth.
The Australian was the fifth fastest rider at the MotoGP Official test in Jerez before the start of the championship and believes he can get a good result this weekend at the Gran Premio bwin.com de España.
Monday, April 27, 2009
Saturday, April 25, 2009
Thursday, April 23, 2009
Pramac Racing rider suffers minor setback in quest to learn Japanese circuit.
Niccoló Canepa is the only entrant in the premier class race at Motegi with no prior experience of the track, and has already suffered from incompatibility of sorts in the lead-up to the Polini Grand Prix of Japan.
Luckily for the Italian, the irreconcilable difference is not between his Ducati Desmosedici GP9 satellite machine and the far eastern circuit, but rather in his planned preparation for the event.
”The Japanese weekend hasn’t started too well; I brought my Playstation to learn the Motegi circuit on the MotoGP game, but unluckily my system is different compared to here and I am not able to play. Therefore I will have to learn all the secrets of the track on Friday afternoon and Saturday morning's free sessions,” reveals the Pramac Racing rookie, who rides at an untested track for the first time in 2009.
”It’s a pity. Anyway, from what I have seen on television it doesn't seem like a technical circuit and this can help a new rider like me. To start from zero is never easy but I will try to do much better compared to my debut in Qatar, where I didn't perform too well."
Luckily for the Italian, the irreconcilable difference is not between his Ducati Desmosedici GP9 satellite machine and the far eastern circuit, but rather in his planned preparation for the event.
”The Japanese weekend hasn’t started too well; I brought my Playstation to learn the Motegi circuit on the MotoGP game, but unluckily my system is different compared to here and I am not able to play. Therefore I will have to learn all the secrets of the track on Friday afternoon and Saturday morning's free sessions,” reveals the Pramac Racing rookie, who rides at an untested track for the first time in 2009.
”It’s a pity. Anyway, from what I have seen on television it doesn't seem like a technical circuit and this can help a new rider like me. To start from zero is never easy but I will try to do much better compared to my debut in Qatar, where I didn't perform too well."
Wednesday, April 22, 2009
Moto2 bikes compete in CEV qualifying session
600cc machines enter qualifying against Formula Extreme bikes in Albacete.
The opening round of the Spanish national championship this past weekend is sure to have big repercussions for the future of the World Championship. The 2009 edition of the CEV Buckler welcomed new bikes designed for the forthcoming Moto2 class for qualifying in Albacete.
Ángel Rodriguez (on a Laglisse YM2) and Blusens Honda BQR Moto2 rider Dani Rivas became the first two riders to use the 600cc machinery in an official outing, competing in the Saturday sessions alongside the 1000cc Formula Extreme riders. Rodriguez and Rivas were not permitted to enter the race itself, for which they would have qualified fifth and sixth, respectively.
Ángel Rodriguez (on a Laglisse YM2) and Blusens Honda BQR Moto2 rider Dani Rivas became the first two riders to use the 600cc machinery in an official outing, competing in the Saturday sessions alongside the 1000cc Formula Extreme riders. Rodriguez and Rivas were not permitted to enter the race itself, for which they would have qualified fifth and sixth, respectively.
Valentino ROSSI
The reigning MotoGP World Champion, Valentino Rossi is the man whom every other rider is aspiring to defeat in 2009.
Rossi's natural skill, charisma and flair has already made him a huge fan favourite, and he is already one of the sport’s true greats. His career has been defined by record breaking achievements, particularly in the premier class.
Conqueror of the 125cc, 250cc and 500cc/MotoGP World Championships in his second season in each category, Rossi became only the second rider in the history of motorcycling to lift all three titles. He is now the only man to win the premier class MotoGP World Championship with 500cc, 990cc and 800cc machinery, returning to the pinnacle after two seasons away with his sixth MotoGP title in 2008. En route to his latest title, the Italian took the record for all-time premier class victories from Giacomo Agostini, incidentally the only other rider to have regained the title after two dry seasons, with a 69th triumph.
Son of Graziano, celebrated rider of the seventies, the charismatic Rossi entered Grand Prix racing with Aprilia in 1996, winning 125cc races in his first season. He went on to win the 125 world title in 1997, and after a move up to 250s with the Italian brand, collected the quarter-litre title in 1999. He then made the leap to the 500cc class in 2000 with Honda, challenging for the title whilst picking up two victories and second in the championship.
After winning the last 500cc World Title in 2001, the following year he dominated once again in the first ever MotoGP four-stroke series onboard the Honda RC211V. He was just as untouchable the following season, before accepting the biggest challenge of his career by leaving the Honda camp and taking a Yamaha ride for 2004.
An historic year for Rossi began in the first race at Welkom, when he became the first rider ever to take consecutive victories for different factories, with a further eight wins sealing Yamaha’s first title in over a decade. He has kept on winning for the Japanese manufacturer, with an additional twenty-nine triumphs since his maiden World Championship for Yamaha.
In 2005 he again achieved nine wins on the road to the title, following which much speculation linked him with a move to Formula 1 racing. Rossi announced that he would stay with Yamaha for another year at Mugello in 2006, and was further spurred on by World Championship wins for rivals Nicky Hayden and Casey Stoner.
Signed up for the next two seasons with Fiat Yamaha, Rossi now has his sights set on Agostini’s record of eighth premier class titles and the accolade of the greatest rider of all time. Nine wins in the 2008 season and a return to the MotoGP summit suggest that Rossi might just be able to do so.
Confident Stoner taking nothing for granted
Australian refuses to rule out non-Rossi rivals in title chase.
A victory in Qatar and confidence in the setup of the Ducati Desmosedici GP9 have made for a happy Casey Stoner heading to round two in Motegi, but the former MotoGP World Champion has reiterated that he is taking nothing for granted.
Stoner has set his sights on a stronger start to his 2009 season to that made in 2008, and thus far things appear to be going according to plan. Motegi represents something of an unknown for the new ‘big red bike’, however, and the Australian is assured but cautious in his approach to the Polini Grand Prix of Japan.
“We haven’t tested here in preseason whereas we had in Qatar, so we’ll see how we get on starting from zero, with less practice time available. I’m fairly confident, the set-up we found in testing has worked well at different kinds of circuits so we should have a decent base setting to work from at Motegi,” states Stoner. “In any case, we won’t take anything for granted - we’ll keep working hard together and stay focused.”
Stoner has set his sights on a stronger start to his 2009 season to that made in 2008, and thus far things appear to be going according to plan. Motegi represents something of an unknown for the new ‘big red bike’, however, and the Australian is assured but cautious in his approach to the Polini Grand Prix of Japan.
“We haven’t tested here in preseason whereas we had in Qatar, so we’ll see how we get on starting from zero, with less practice time available. I’m fairly confident, the set-up we found in testing has worked well at different kinds of circuits so we should have a decent base setting to work from at Motegi,” states Stoner. “In any case, we won’t take anything for granted - we’ll keep working hard together and stay focused.”
Tuesday, April 21, 2009
Pick against Crivillé in MotoGP 2009 Fantasy League
Former 500cc titlist predicts Stoner, Rossi and Lorenzo top three for Qatar.
As a former MotoGP World Champion, Alex Crivillé knows a few things about premier class racing. But can you out-predict him in the new MotoGP 2009 Fantasy League?
Crivillé has gone for a conservative prognosis in his pick for the top three riders at this weekend’s Commercialbank Grand Prix of Qatar, and if you disagree with the Spaniard then you can make your own predictions and receive the chance of winning some top MotoGP prizes.
“I’m going for Casey Stoner, Valentino Rossi and Jorge Lorenzo for the first podium of the year,” says Crivillé. “We’ll see what Andrea Dovizioso is like with the Honda, but I don’t think that Dani Pedrosa is fit enough to get a good result –the most logical thing for him to do is be conservative.
Crivillé has gone for a conservative prognosis in his pick for the top three riders at this weekend’s Commercialbank Grand Prix of Qatar, and if you disagree with the Spaniard then you can make your own predictions and receive the chance of winning some top MotoGP prizes.
“I’m going for Casey Stoner, Valentino Rossi and Jorge Lorenzo for the first podium of the year,” says Crivillé. “We’ll see what Andrea Dovizioso is like with the Honda, but I don’t think that Dani Pedrosa is fit enough to get a good result –the most logical thing for him to do is be conservative.
Monday, April 20, 2009
Sunday, April 19, 2009
Saturday, April 18, 2009
Rossi nominated for Laureus World Sportsman of the Year award
Fiat Yamaha’s World Champion on shortlist of six for prestigious prize.
Reigning MotoGP World Champion Valentino Rossi’s achievements in 2008 have been recognised with a nomination for the Laureus World Sportsman of the Year award, an honour that will be decided at the tenth edition of the Laureus World Sports Awards.
Rossi was one of six sportsmen to be entered onto the final shortlist, following a ballot open to the world’s media in a record 112 countries. His rivals for the prize are Olympic gold medal winners Usain Bolt & Michael Phelps, plus Formula 1 World Champion Lewis Hamilton, ATP tennis world number one Rafael Nadal and footballer Cristiano Ronaldo.
It is not the first time that Rossi has been acknowledged by the selection panel; In 2006 he was named as the winner of the Laureus Spirit of Sport Award for his contribution to motorcyclcing.
Rossi was one of six sportsmen to be entered onto the final shortlist, following a ballot open to the world’s media in a record 112 countries. His rivals for the prize are Olympic gold medal winners Usain Bolt & Michael Phelps, plus Formula 1 World Champion Lewis Hamilton, ATP tennis world number one Rafael Nadal and footballer Cristiano Ronaldo.
It is not the first time that Rossi has been acknowledged by the selection panel; In 2006 he was named as the winner of the Laureus Spirit of Sport Award for his contribution to motorcyclcing.
Wednesday, April 15, 2009
Saturday, April 11, 2009
Stoner reacts to opening night success
After Casey Stoner began the Commercialbank Grand Prix of Qatar in good form on Friday night he was in an upbeat mood about the results of the first MotoGP free practice of 2009.
Ducati Marlboro’s Casey Stoner has a great record at Qatar, having started his remarkable 2007 MotoGP title triumph with a brilliant victory at the Losail International Circuit, a win which he repeated in style at the beginning of last year.
Aspar pair open Qatar weekend leading the way
New Bancaja Aspar team-mates Julián Simón and Bradley Smith opened the Commercialbank Grand Prix of Qatar weekend on top in the first practice.
The first free practice session of the 2009 season saw the 125cc riders undertake 40 minutes of productive riding under the floodlights in Qatar on Friday evening, with few surprises at the head of the timesheet as Julián Simón and Bradley Smith came out on top.
As the only rider going under the 2’08 mark, Simón kept up the good work after an excellent preseason, to go round a second faster than any of his rivals with a best effort of 2’07.791 on the 12th of his 14 laps.
Englishman Smith, who like his new colleague Simón was recruited by Bancaja Aspar over the winter and enjoyed a strong preseason, was second quickest with a time of 2’08.823s at a circuit where he took pole position last year
As the only rider going under the 2’08 mark, Simón kept up the good work after an excellent preseason, to go round a second faster than any of his rivals with a best effort of 2’07.791 on the 12th of his 14 laps.
Englishman Smith, who like his new colleague Simón was recruited by Bancaja Aspar over the winter and enjoyed a strong preseason, was second quickest with a time of 2’08.823s at a circuit where he took pole position last year
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