Global Markets: Asian stock markets: Nikkei down 0.10 %, Shanghai Composite gained 0.45 %, Hang Seng rallied 0.60 %, ASX 200 rose 0.40 % Commodities: Gold at $1267 (-0.05 %), Silver at $16.70 (+0.05 %), WTI Oil at $49.90 (+0.40 %), Brent Oil at $52.40 (+0.35 %) Rates: US 10 year yield at 2.28, UK … Continue reading Monday 31st July: European Open Briefing
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Monday 31st July: Technical outlook and review
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 Monday 31st July: Technical outlook and review
Taking Profits in the Forex Market
Updated April 2020 Odd as it may sound, traders often find it a challenge to take profit. This is an issue every market speculator likely contends with at some point. Just as you have a series of rules to enter the market, you must equally have a strategy to exit. A strong psychological element usually … Continue reading Taking Profits in the Forex Market
Friday 28th July: European Open Briefing
Global Markets: Asian stock markets: Nikkei down 0.70 %, Shanghai Composite fell 0.05 %, Hang Seng declined 0.60 %, ASX 200 lost 1.50 % Commodities: Gold at $1258 (-0.15 %), Silver at $16.50 (-0.40 %), WTI Oil at $48.90 (-0.30 %), Brent Oil at $51.35 (-0.30 %) Rates: US 10-year yield at 2.30, UK 10-year … Continue reading Friday 28th July: European Open Briefing
