Global Markets: Asian stock markets: Nikkei up 0.35 %, Shanghai Composite and Hang Seng both gained 0.30 %, ASX 200 rose 0.10 % Commodities: Gold at $1242 (+0.25 %), Silver at $17.79 (+0.50 %), WTI Oil at $52.60 (+0.50 %), Brent Oil at $55.40 (+0.55 %) Rates: US 10 year yield at 2.34, UK 10 … Continue reading Thursday 9th February: European Open Briefing
A note on lower timeframe confirming price action… 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 … Continue reading Thursday 9th February: Daily technical outlook and review.
Updated February 2020 Followed by the credit market – think Treasury bills, notes and bonds – foreign exchange is by far the largest financial market in the world. To give you an idea how gargantuan this market is, trading in FX markets reached $6.6 trillion per day in April 2019, up from $5.1 trillion three … Continue reading Foreign Exchange Trading: A Beginners Guide
Global Markets: Asian stock markets: Nikkei gained 0.20 %, Shanghai Composite lost 0.30 %, Hang Seng up 0.05 %, ASX 200 gained 0.60 % Commodities: Gold at $1235 (-0.10 %), Silver at $17.71 (-0.30 %), WTI Oil at $51.60 (-1.10 %), Brent Oil at $54.65 (-0.75 %) Rates: US 10-year yield at 2.39, UK 10-year … Continue reading Wednesday 8th February: European Open Briefing
