Originally Posted by TheNews - U.S. Final 1Q GDP Print to Show Another Downward Revision/Larger Contraction. - 1.8% Decline Would Mark the Biggest Drop Since 1Q 2009 (-5.4%). Trading the News: U.S. Gross Domestic Product (GDP) The final 1Q Gross Domestic Product (GDP) report may heighten the bearish sentiment surrounding the U.S. dollar as market participants anticipate another downward revision in the growth rate. What’s Expected: ...
- European Central Bank Seen Implementing Rate Cut & Negative Deposit Rates. - Will Governing Council Also Introduce Non-Standard Measures? Trading the News: European Central Bank (ECB) Interest Rate Decision The EUR/USD may face a sharp selloff over the next 24-hours of trade as market participants see the European Central Bank (ECB) pushing monetary policy into uncharted territory. What’s Expected: ...
Tonight, Narendra Modi will be sworn in as India’s new Prime Minister. And there is no shortage of advice on what he should do once he takes power. Today, India’s daily newspapers and the world’s financial press have been publishing articles telling the new man in charge just what he needs to do to help India reach its potential, and there are some common themes. As context, it’s worth noting what the stock market tells us about expectations: Mumbai’s benchmark Sensex index rose 15% ...
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 ...