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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.
- U.K. Consumer Price Index (CPI) to Slow for Fourth Time in 2014. - Core Inflation to Fall Back From 2.0%- Marked Fastest Rate of Growth Since September. Trading the News: U.K. Consumer Price Index A marked slowdown in the U.K.’s Consumer Price Index (CPI) may generate a larger pullback in the GBP/USD as it limits Bank of England (BoE) scope to normalize monetary policy sooner rather than later. What’s Expected: ...
Paul Robertson painting