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Weekly Trading Forecast: Is the "Trump Trade" Back in Play? Financial markets spent most of last week unwinding "Trump trade" bets but December's US jobs data seemed to rekindle the late-2016 narrative. Will it continue in the week ahead...
First, a review of last week’s forecast: – Recall that in the first week of the New Year analysts demonstrated a unique consensus: 100% believed that the EUR/USD would fall to the 1.0350-1.04800 area. They turned out to be 100% correct. On Monday the pair crept up to the level of 1...
Why multiple timeframe analysis is important in currency trading? If you want to develop a big picture, first take a look at the higher timeframe. This gives you the picture of the main trend. On lower timeframe you will find price moving against the main trend...
We first revised our forecasts to show EUR/$ downside in April 2014, on the rationale that economic outperformance would see the Fed raise rates ahead of the ECB, moving rate differentials against the single currency. At this juncture, our 12-, 24- and 36-month forecasts for EUR/$ stand at 1...
Binary options give you the chance to bet on the direction of the market. Basically you bet that price will be above or below a certain price level at the end of a certain time period. If you think that price will be above a certain level, you buy a call option...
Trend is your friend until it bends. This is the motto for most trend traders. But you can use the trend for scalping as well. When price retraces, you enter a trade in the direction of the trend. This method has some advantages. The most important is your chances of winning are higher...
Traders in Financial Futures - Futures Only Positions as of January 09, 2017 Updated January 06, 2017 NO...
EUR/USD Resists at Prior Bear Flag Support Post-NFP Talking Points: - December Non-Farm Payrolls were released in the United States, and the headline print came in below expectations, but wage growth printed stronger at 2.9% versus an expectation for 2.5%. - The U.S...
High Frequency Trading data is hard to get free. Most of the people subscribe to price feeds and pay $50-$100 per month. In this post I give you the python code to download High Frequency Trading Data from Google Finance. The lowest time interval is 1 minute...
Forex scalping is a good strategy that is practiced by many traders. If you have a high winrate something like 70% and you take care of Reward/Risk you can make your account grow. Just keep your Reward/Risk per trade on average to 1:1 and just make sure you don't enter into silly trades...
Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Preview for NFPs as US Dollar Starts to Lose Traction Talking Points: DXY Index lost its range support at 102.05 yesterday; could fall as low as 100.50/55 in the coming sessions...
Previous: On Thursday euro trading closed up. After a correctional movement to 1.0483, the euro rose to 1.0615 against the USD. The dollar was under pressure after the release of employment data for the private sector and a sharp fall in the yield of American bonds...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, January 6th After a short period of consolidation, the GBP/USD pair is giving away a part of its gains on the back of US dollar’s correction against its main competitors...
USD/JPY – Yen Trading at 116, US Employment Numbers Next USD/JPY has posted slight gains on Friday, as the pair trades at the 116 line. On the economic front, there are no Japanese releases to wrap up the week...
DAX: Staying the Course Until Signposts Suggest Doing Otherwise What’s inside: The DAX is undergoing quiet digestion of Monday gains Sticking with the bullish trend until price behavior suggests otherwise Support and resistance levels highlighted...
Pivot Points DAILY Last Updated: Jan 6, 10:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.02969 1.04314 1.05176 1.05659 1.06521 1.07004 1.08349 USD/JPY 111.568 113.779 114.56 115.99 116.771 118.201 120.412 GBP/USD 1.20456 1.22081 1.23097 1.23706 1.24722 1.25331 1.26956 USD/CHF 0.98661 1...
Pivot Points Hourly Last Updated: Jan 6, 10:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.05531 1.05663 1.0572 1.05795 1.05852 1.05927 1.06059 USD/JPY 115.103 115.581 115.879 116.059 116.357 116.537 117.015 GBP/USD 1.23533 1.2365 1.23704 1.23767 1.23821 1.23884 1.24001 USD/CHF 1.01 1.01092 1...
US Dollar Selloff May Resume Following Payrolls Data Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Talking Points: US Dollar gains, retracing after a second day of heavy selling...
Renko charts have also been invented by Japanese traders just like candlestick charts. However renko charts are different than candlestick charts. Renko charts eliminate time altogether and instead focus on a minimum price movement defined by the trader...
