A very popular approach in our trading community is to combine different FX power analyses. This allows you to determine the trends of individual currencies and when to enter them best. But why the heck we call that “The dog walk strategy”? Just a bit of patience. We’ll explain it below. For this strategy, we
Pre-QA comments from chair Powell: Fed is squarely focused on dual mandate Fed has covered a lot of ground, full of facts have yet to be felt We can proceed carefully Our decisions will be based on assessments of data and risks Growths in real GDP has come in above expectations Consumer spending particularly robust
Hello Traders, we had a trade on USDJPY on H1 time-frame that today 20 September 23 the market already moved +4000 Points! In this trade we looked first at green candles from Italo Trend showing that the market is going to trend. The last confirmation of the trend trade were the neon green line of Italo Volume
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from September 11 to 15, 2023. The market was quite clearly undecided on the direction of its movement, and only 2 trades were opened in total. For convenience and timely receipt
1400 US Eastern time, 1800 GMT: Bank of Canada Deputy Governor Sharon Kozicki will deliver a speech at the University of Regina in Saskatchewan. Topic: How household differences have affected monetary policy since the onset of the Covid-19 pandemic The Bank of Canada appear to be set to hold rates for a period of time
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
Japanese markets are closed for a holiday today. This will sap some liquidity for FX markets and also shut cash US Treasury trade. Apart from that, it’s a thin calendar also, will little here to move around major forex rates: This snapshot from the ForexLive economic data calendar, access it here. The times in the