- U.S. Non-Farm Payrolls (NFP) to Increase 200+K for Fifth Straight Month. - Would Mark Longest String of 200+K Prints Since 1999-2000 Trading the News: U.S. Non-Farm Payrolls U.S. Non-Farm Payrolls (NFP) are projected to increase another 215K in June, but the European Central Bank (ECB) interest rate decision may spark a mixed reaction in the EUR/USD as market participants weigh the outlook for monetary policy. What’s Expected: ...
Talking Points: The MACD and Signal line crossover gives traditional buy/sell signals.Histogram is the difference between the MACD and Signal line.We can enter when Histogram begins to get smaller rather than wait for a cross. Most technical traders have experience using the more popular oscillators, RSI, CCI, and MACD, etc. But many traders I’ve taught are not aware of the alternative way to use the MACD. In this article we will discuss how to use MACD’s histogram ...
Originally Posted by ArticleMan Could the 2014 FIFA World Cup opening in Brazil this week affect the global Forex market? It might seem a crazy idea on a par with traders using moon cycles to try to forecast market movements, but don’t dismiss the idea out of hand. A recent study by Goldman Sachs has concluded that the stock index of the winning country has on average outperformed global equity indices by 3.5% during the first month after the final, before underperforming the same measure by 4% over the following ...
Originally Posted by ForeCastle Talking Points: The Uk100 has failed to break over 6,900Price is still trading above supportA lower low must be made for the trend to turn Stock markets around the world have been making record runs over the past few years. However, with prices taking a pause, many traders are left to wonder if or when their favorite equities indices will turn. While fundamentally this can become a challenge, technical traders can use a series of price action clues to help them identify ...
100 Pips in Under 25 Minutes - Easy as ABCD! (Forex Trading) You read that right... how to earn 100 pips (that’s $100 if you trade just 1 mini-lot) in just under 25 minutes! An overview of the ABCD pattern and how to use it together with Fibonacci retracements & extensions.