Month: February 2019

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Very tight stop scalping strategy. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is one for very short-term traders; we are talking scalping i.e. ultra-aggressive and mostly what we’re talking about is using a tight stop. Tight Stop Scalping Momentum Trade Setup There are certain conditions where you can get
Cable remains around 1.3300 after testing lows near 1.3280. UK Parliament will vote on March 12/13/14. A ‘no deal’ scenario remains on the cards. The upside momentum in the British Pound seems to be taking a breather so far today, with GBP/USD hovering over the key 1.3300 neighbourhood after a brief knee-jerk to the 1.3280
USD/CNH has recovered from session lows, possibly on the back of a weaker-than-expected China data.  China’s manufacturing activity contracted for the third straight month in February.  The USD/CNH pair is currently trading at 6.6820, having clocked a low of 6.6755 earlier today.  The recovery from session lows could be associated with the dismal China data
Manufacturing PMI 49.2 expected 49.5, prior 49.5  Non-Manufacturing PMI 54.3 exp 54.5, previous was 54.7 Composite PMI 52.4 previous Dec 53.2 More: Manufacturing: 3rd consecutive month in contraction  three year low Export performance weighing amidst the trade tensions with the US  Domestic demand faltering also Services PMI  came in lower in in February after a
Asia Pacific Market Open Talking Points British Pound kept rising, EUR/GBP dominant downtrend resumed Sentiment was fragile, beginning with geopolitical tensions in Asia AUD/JPY remains within bullish reversal pattern ahead of key data See our study on the history of trade wars to learn how it might influence financial markets! The British Pound continued to
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No wall of worry too big to climb Treasury higher? No problem. India and Pakistan war? Who cares. The President is a racist, conman and cheat? Heard it all before. Goods trade deficit at a record? Whatever. Lighthizer more hawkish than ever? Seen it coming. Here’s the intraday look at the S&P 500 as it
Gold down $9 Gold broke through last week’s low of $1321 as it sinks to a session low and the worst since February 15. The US dollar is getting a broad lift from rising Treasury yields and month-end flows. Gold isn’t responding to turmoil in India-Pakistan and is at the tail end of a long
A look at the simpler things you can do to help your trading Trading like anything else is about practice, reps, routine, and goals. Without any or all of these things it is difficult to be successful in your trading. Complicating this process slightly is the influence of other factors as well, namely emotions, a
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