Talking Points: News events can cause large, unpredictable price swings.Long-term trades or fundamental trades can remain open.Short-term trades can be closed. Because my strategies revolve around technical analysis and sentiment, I am often asked what I do around news releases. Specifically, how I manage positions around major news releases that are likely to move the market. The truth is that it depends on why I opened the trade in the first place, and ...
- U.S. GDP to Contract for First Time Since 1Q 2011 - Personal Consumption to Increase More Than 3% for Second Straight Quarter Trading the News: U.S. Gross Domestic Product (GDP) The preliminary U.S. 1Q GDP report may spur a near-term rebound in the EUR/USD as the growth rate is expected to contract 0.5% during the first three-months of 2014. What’s Expected: Why Is This Event Important: ...
FractalStochasticMD for MT4 build 600++ ---------- FractalStochasticMD_v3.1 600+ indicator was created for Premium Trading Forum. This is Multi-Dimensional Fractal Stochastic. This indicator gives you the multi-dimensional view for the OverBought/OverSold conditions where the UniEMA is used for the smoothing. This version works with Metatrader 4 build 600 and above. ...
Strategy Video: Are We In a Bubble and How Would We Trade It? Comfort in steady bull trends and nonexistent volatility has led to more 'bubble' talk with correctionWe don't have a sector-specific bubble now like 2000 or 2008 but rather a positioning bubbleWhile a bubble pop presents considerable opportunity, it demands higher qualification New to Forex? "We are in a bubble"! The phrase has been used more than a few times in the ...
- U. of Michigan Confidence to Improve for Second Consecutive Month. - Print of 84.5 Would Mark the Highest Reading Since July. Trading the News: U. of Michigan Confidence A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later. What’s Expected: ...