Numbers have mattered to humans since the earliest civilization, though some propose more significance than others. Humans appreciate values that are easy to process and make sense of. Rounding numbers is, therefore, a common act. Rounding means making a number simpler but retaining its value close to its original. Age is generally emphasised as a … Continue reading Using Psychological Levels in Trading
Global Markets: Asian stock markets: Nikkei up 1.10 %, Shanghai Composite rose 0.15 %, Hang Seng gained 0.01 %, ASX 200 climbed 0.40 % Commodities: Gold at $1298.32 (0.14 %), Silver at $17.28 (0.09 %), WTI Oil at $50.95 (0.67 %), Brent Oil at $56.59 (0.60 %) Rates: US 10-year yield at 2.32, UK 10-year … Continue reading Friday 13th October: European Open Briefing
Waiting for lower timeframe confirmation is our main tool to confirm strength within higher timeframe zones, and has really been the key to our trading success. It takes a little time to understand the subtle nuances, however, as each trade is never the same, but once you master the rhythm so to speak, you will be … Continue reading Friday 13th October: Technical outlook and review
Global Markets: Asian stock markets: Nikkei up 0.45 %, Shanghai Composite down 0.16 %, Hang Seng gained 0.22 %, ASX 200 rose 0.32 % Commodities: Gold at $1297.32 (0.65 %), Silver at $17.23 (0.58 %), WTI Oil at $51.05 (-0.49 %), Brent Oil at $56.63 (-0.54 %) Rates: US 10-year yield at 2.34, UK 10-year … Continue reading Thursday 12th October: European Open Briefing
