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1. Background was weak at the time of entry 2. Enter in a low volume up bar near a down trendline 3. Exited on the trailing stop. There was a minor signal (the first dot), but I wait for 2 of those to exit...
The mexican peso rose to the highest price in almost a month again the US dollar and is among the best performers on Wednesday among Latin American currencies. The USD/MXN is falling 0.35% despite risk aversion. Stocks dropped in Europe and were falling in Wall Street. The Dow Jones was losing 1...
It seems the greenback is now taking a breather, with USD/CAD looking to stabilize in the 1.1965/70 area. USD/CAD down from 1.2020 After reaching multi-year peaks around 1...
Cex.io Halts Cloud Mining Operations over Weak Bitcoin Value Bitcoin cloud mining service provider Cex.io is no longer providing its services, thanks to the constantly falling prices and increasing mining difficulty, which are impacting their and their customers’ revenues...
On Wednesday financial and commodities markets slumped, as the World Bank reduced its growth forecasts for 2015 and 2016, fuelling worries that the benefits of cheaper oil may be offset by sluggish economies and the threat of deflation. The greenback fell 1 percent against the yen...
The biggest bank in the US, JP Morgan Chase, signalled it had to face a fresh wave of fines after incurring more than $1bn in legal charges in the last quarter of 2014...
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, favours shorting EUR/USD, and further expects the pair to test 1.1640 levels heading into the ECB meeting...
The single currency recovers the 1.1800 handle on Wednesday, pushing EUR/USD from the 1.1740/30 band. EUR/USD stronger after US data The greenback is suffering the disappointment from December retail sales, which contracted 0.9% inter-month vs. -0...
The CAC 40, the most widely-used indicator of the Paris market, reflects the performance of the 40 largest equities listed in France, measured by free-float market-capitalization and liquidity. The index was developed with a base level of 1,000 as of December 31, 1987...
The dollar has lost ground versus the other major currencies on Wednesday, after data showed that U.S. retail sales fell more-than-expected in December, although the continuous drop in oil prices keeps supporting safe-haven demand. The U.S...
I am planning to trade the USD Retails Sales news event. My plan is to make a news breakout trade and catch a move in either direction...
Despite the recent short-term rally, the fundamentals still point toward a weaker AUD/USD. Slowing growth in China, the weakening Australian economy and the strong possibility of an interest rate hike by the Fed are three reasons to expect renewed selling pressure on any rallies...
GoPro shares fell 12 per cent impacted by the news Apple was granted a patent for an action camera, which suggested that the two consumer electronics companies might one day go into direct competition, as the Financial Times reports...
On Thursday Russian President Vladimir Putin is holding talks with his Venezuelan counterpart Nicolas Maduro, who will arrive in Russia on a working visit...
As the World Bank cut its economic growth forecast, oil prices declined 1 percent helping extend a rout that saw prices touch a nearly six-year low the previous session...
USDJPY Technical Analysis – Heading towards 115.45 The yen rose for a fourth day against the dollar as Japanese stocks fell following a decline in oil to the lowest since 2009...
On Wednesday the pound sterling pushed higher against the dollar, but upside was held in check after data showing a sharp slowdown in U.K. inflation indicated that rates will remain on hold for the rest of this year...
On Wednesday Taiwan stocks closed 0.55 pct lower and Hong Kong stocks declined 0.43 pct...
Because investors are expected to hold more cash for 22 new share offerings, Chinese shares will presumably face downward pressure in the upcoming week...
After a slump in copper prices, Jiangxi Copper Co. led declines for raw-material producers sending emerging-market stocks lower. Philippine shares rose to a record...
