The month ended with some equity buying in Europe but it wasn’t a pretty picture for the week or September (aside from the UK). I do love when a month ends on a Friday though, so it’s a clean slate for October. On the day: Stoxx 600 +0.5% German DAX +0.5% France CAC +0.4% UK’s
News Overview: My trading day begins with a careful analysis of the overnight news. I focus on significant developments that could potentially impact the market. I pay particular attention to events that could have immediate effects on the opening price, such as changes in the Chinese currency value or Japanese monetary policy. Chart Analysis: Subsequently,
It was an incredibly challenging week for forex playas with an extremely busy calendar on hand, laced with four major central bank statements! Despite the difficulty of anticipating price in that environment, our strategists did a pretty good job of anticipating the correct directional biases. And they pointed out several significant chart patterns to watch
EURUSD stalls at the 100 hour MA for the 2nd consecutive day As the clock ticks to the close for the EURUSD in London/Europ, the pair moved to new session highs, and for the 2nd day in a row, banged against the 100-hour moving average at 1.06715 and found sellers. In the kickstart video from
The major European indices are ending mostly lower. The one exception is the UK FTSE 100 which eked out a small gain. A snapshot of the closing levels shows: German DAX fell -5.06 points or -0.03% at 15566.81 Frances CAC fell -23.49 points or -0.33% at 7190.42 UK’s FTSE 100 rose 13.43 points or 0.17%
The USDCHF traded sideways and then moved lower on Wednesday before finding support near 0.89347, basing and moving to the upside. The Swiss National Bank kept rates unchanged on Thursday helping to propel the price even higher, with the price moving above its 200-day moving average of 0.90334. The surge on Thursday did find willing
It is FOMC day with the expectation for no change in policy by the US central bank. The focus will be on the details of the dot plot and central tendencies along with the statement in the Q&A from Chair Powell. Traders can have their bias, but with the Fed thought to be a crossroads
The S&P 500 is now flat on the day at 4452 from a high of 4466. European stocks were beaten up today but that was mostly follow-on from the late selling on Friday in US trading. This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز
Mindfulness, the conscious awareness and acceptance of the present moment without judgment, can have a significant impact on strengthening self-discipline in day trading. Here are some ways in which mindfulness can help solidify your established trading principles: 1. Self-Observation and Self-Regulation: Mindfulness teaches you to observe your thoughts and emotions without judgment. This allows you
