Good day traders! Just closed a 25 pip profit while watching the Netherlands won their respective match against the hard fought Slovakia.
Its too late to give my daily review but I believe fundamentally these news are worth of reading:
U.S. Personal Income and Outlays, a measure of the income received and purchases made by consumers, [...]
Salam. Today our main focus will be on CB Consumer Confidence, scheduled at 10.00 pm GMT+8. I’ll look it in 2 different ways. First, for consumer to have a higher confidence level from the economy, they need to be employed. And sadly, this is not happening. Numbers shown that employment in the US are keep [...]
Hi guys!
I found a good article written by John Jagerson from learningmarkets.com regarding the Unemployment news. Let’s read it together shall we!
“The increase in unemployment claims today brought the aggregate number up even further. That is certainly not a good sign for the USD… or is it? This gets to the root of an issue [...]
OK. Now because we cant trade today (pity me), I want to share something with you. Today I’m going to write about trend. Well, basically there are three types of trend. We have UPTREND, DOWNTREND and SIDEWAYS. Uptrend is where the peaks and trough is higher and downtrend is vice versa. When there is little [...]
Good day traders.
I had a friend who uses Elliot Wave. Well, when I said a friend, I mean I have only ONE friend who uses this strategy. With his kindness also, he gave me the softcopy of the indicator@elliotwave system. I did use it once though, but it seems like it doesn’t click with me [...]
Time: 8.45 pm – 9.30 p.m
I was hoping yesterday’s EU would be THAT bearish, but it didn’t happend as I expected. The lowest level from yesterday’s was recorded at 1.30915 and since that it bounce happily at the current price (1.32064). Nevertheless I’m looking forward for tonight ECB Press Conference. Traders are expected to see [...]
I have been trading the EU pair since morning. Opening position at M1 while watching the major trend at H1. It works for me well. Nowadays I’m trying to use less inidicator as possible. So currently I’m sticking at Parabolic SAR and RSI. Sometime I would use Bollinger, but its not compulsory.
I would say I [...]
