When markets pullback from the trend consider trading retracements Traders can time entries at support and resistance using oscillators Manage risk over previously market swing highs or lows Scalpers have a variety of choices when it comes to an execution strategy. This decision should be decided after carefully evaluating current market conditions for the currency pair of their choosing. Today to continue the Definitive Guide to Scalping, we will focus on trading ...
Talking Points: Swing trading can be attractive due to the potentially strong risk-reward ratios available.Swings take place in range-bound and trending markets.We show traders how to trade swings in both environments using two different technical indicators. When someone first begins to learn to trade, they’ll often delve right into technical analysis. After all, if you can read a chart and get trade ideas directly from past price information, there is no need ...
Ocean Theory Tools ---------- UniOceanNST_v1 indicator was created for Premium Trading Forum. This is one more indicator - MTF UniOceanNST(Ocean Natural Stochastic) which should be considered a somewhat more sensitive gauge of market activity than NDX, and thus is more prone to signaling extremes in the market. This quality, when combined with the stability of NDX offers a powerful combination of tools to anticipate likely turning points (or pauses) in the ...
EUR/USD To Be Halted By 1.37 'It [GDP data] was very disappointing, and in the current situation we have very low vol, heading into month-end, and half-year end as well. So, the ducks are all lined up [for] U.S. dollar weakness.' - RBC Capital Markets (based on Reuters) Pair's Outlook The Euro is slowly but surely moving in the direction of the 55 and 200-day SMA on the back of a weaker greenback. This resistance at 1.37 is expected to prevent further appreciation ...
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: ...
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