Depending on the market certain sectors have either direct or indirect effects on the currency, equity, etf, or commodity. In example the DXY or the dollar currency index runs in direct correlation to any pair with USD in its name. FXY for the Yen FXE for the EUR 40% of a stocks price fluctuations are due to the market, 30% to the sector and 30% to the stock itself (more…)Full Article
In post basic experience creating an edge will give you the greatest leverage, keep it simple, there is little need to complicate things; test(back/forward) until you find a system you enjoy using and has worked over at least 200 trades. Once you feel confident regarding the odds being in your favor, paper trade it until your confidence in your system increases. Start small and increase your lot size as your confidence increases, (more…)Full Article
here is another example of “Trade what you see”.
especially in the CFD Realm (which Forex most definitely is, but also inidicies, CFD based stocks, Metals, and other items can be traded this way.Full Article
Broker / Trader Interview with Tom Sosnoff & Karen Bruton.
at the time the events they talking about happen, Tom was actually her Broker (Think Or Swim) and she was just a Trader like many others.
and your trades in this were only part of it or none at all?
(below the image shows the trades I have made myself on this move)
were you thinking like:
well bottom line is “YOU DIDN’T!!” and that is not a bad thing!Full Article
NFP (Non-Farm Payroll) Analysis.
it’s 17:30 SGT (Singaporean Time)
To say recent history has been an emotional roller-coaster for Bitcoin would be an understatement!
The market opened 2017 at a price of $966.0 and wrapped up the year at $18,960, carving out a whopping 1861.51% gain.
2018, however, has not been so kind. Deteriorating from its 2017 peak just south of the $20,000 mark to lows of $5858.6, the unit wiped approximately 70% off its value, as of current price.
It’s widely thought Satoshi Nakamoto was a pseudonym used by the unknown person(s) who designed Bitcoin. Despite the anonymity, the unit has since evolved into the most capitalized and traded cryptocurrency in the world. Current numbers demonstrate a market cap of over $143 billion. As of writing, 17,290,900 million bitcoins are in circulation, against a presently capped limit of 21 million.Full Article