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US Dollar Forecast- Dollar and the Markets Contemplate Volatility and QE Amid extreme financial market volatility swings and talk of US stimulus plans, the US Dollar finished out a second consecutive week in the red. Japanese Yen Forecast – Japanese Yen To Extend Gains on Global Slowdown, Fed Tightening Fears A lull in homegrown event risk will keep macro-level trends in focus for the Japanese Yen in the week ahead British Pound Forecast – GBP/USD Rebound ...
Talking Points Risk management should be considered prior to entering into a tradeNever risk more that 1% of your balance on any single trade ideaStop trading if losses amount to more than 5% in one trading day The final lesson scalpers must learn is probably the most important, risk management. The decision on how to manage risk can have a great impact on the bottom line of your account than deciding where your entry orders should go or even what time frame ...
US Dollar Forecast- Dollar’s Rally May Be Just Starting if Risk Aversion Ignites this Week The Dollar finally took a breather this past week. After 12 consecutive weeks of climb, the Dow Jones FXCM Dollar (ticker = USDollar) fell 0.7 percent. Japanese Yen Forecast – Don’t Sleep on the Japanese Yen - Big Things on the Horizon The Japanese Yen surged versus all major counterparts as the US S&P 500 saw its worst weekly decline in over two years. There’s little economic event ...
Talking Points EURGBP Stays Range Bound Post NFPRange Support Sits at .7864Range Reversals Triggered Under .7808 EURGBP 30min Chart Traders looking to avoid the volatility of this morning’s NFP event, can set their sights on currency crosses such as the EURGBP. Thia pair remained quiet, despite the rest of the market’s volatility, and has maintained ...
Talking Points: EUR/USD Sentiment Flips to NegativeLong-Term Channel Support Near $1.25Potential Exits: Stop at 1.2480 & Limit at 1.2950 The Euro has taken a turn this week after its relentless free-fall the past few months. After falling to $1.25 last week, it has now risen as high as 1.2675. I am predominantly a trend trader and look to trade in the path of least resistance (in this case, selling the EUR/USD as its fallen), but there are a couple compelling reasons ...
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