This EASY Forex Strategy that uses just two indicators is DOMINANT! For my free signals go here: http://bit.ly/3dcbNsp In this video, I show traders a simple moving average and macd trading strategy with a little technical analysis sprinkled in. It’s a very easy Forex trading strategy that can set the foundation for your trading approach.
admin
GBP/JPY accumulates gains for the past five consecutive sessions. The sterling benefits from the drop in fresh coronavirus cases, upbeat economic data. Yen remains on the backfoot on uncontained coronavirus cases, BOJ concerns over the economic recovery. GBP/JPY moves cautiously toward the 152.00 mark in the European trading hour on Thursday. The pair hovers in
S&P fails on attempt to close at record Selling into the close today pushed the S&P index into the red after trading higher for most of the day. However it is still ending the day with a small gain. The NASDAQ index is also closing near it’s session lows but had a more solid gain
Ahead of nonfarm payrolls on Friday here’s what is coming up (the major releases) from the US today on the data agenda: On Wednesday the data for ADP jobs was a big FX mover: The ADP employment report has a terrible track record of predicting non-farm payrolls but the market bit on it once again
New Delhi: (IEX) has recorded an all-time high monthly trade of 9,538 million units (MU) in August which is 74 per cent higher compared to the same month last year. “The electricity market at the Indian Energy Exchange achieved a new milestone with a record all time high monthly volume of 9,538 MU achieving 74
New Zealand dollar was the only major currency rose against the US dollar in August, despite speculations over Fed’s tapering and renewed lockdown. We believe policymakers’ proactive reassurance of an October rate hike would likely make the RBNZ the first major central bank to begin rate hike after the most recent round of global monetary
GBP/USD bulls are in charge, moving on a critical daily resistance. The US dollar is under pressure as best of an immanent taper are dialled down by terrible ADP miss. At the time of writing, GBP/USD is trading at 1.3780 and between a low of 1.3731 and a high of 1.3798 having moved in on
Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies. In a Wednesday announcement, Standard Chartered said it would be joining crypto and digital finance industry membership body Global Digital Finance, or GDF, Patron Board. As a member,
US construction spending for July 2021 Prior report Construction spending 0.3% vs 0.2% estimate total construction came in at $1568.8B vs June $1563.4B Prior month +0.1% Year on year total construction spending 9.0 % versus 8.2% last month For the calendar year, construction came in at $883.2 billion, +6.2%. That is above last year’s $831.5 billion for
US August ISM manufacturing data Prior was 59.5 Prices paid 79.3 vs 83.8 expected (prior was 85.7) Employment 49.0 vs 52.9 prior New orders 6637 vs 64.9 prior Full report That miss on employment might get some attention after today’s ADP report and ahead of non-farm payrolls. Manufacturing isn’t a big US employer but it’s
LONDON: The OPEC+ group of oil producers has made an upward revision to its 2022 oil demand forecast ahead of a meeting on Wednesday as the group faces pressure from the United States to raise output more quickly to help to support the global economy. Two OPEC+ sources said the group’s experts have revised its
Dollar weakens mildly in early US session after big ADP job data miss. But Swiss Franc and Yen remain the weaker ones. Euro and Sterling firm up mildly. But they are outshone by Aussie and Loonie for the moment. Overall movements in the currency markets are limited, except in some Yen crosses. Traders are still
https://www.astrofxaccelerated.com/strategy-calculator Click the link above to check out the free AstroFX strategy calculator and see how profitable you would be if you stuck to your strategy.
#forex #stocks #trading A1 Trading forex discord community – Trade alerts, webinars, chatrooms: Use code YTVIP for $5 off: https://a1trading.com/vip/ Gold membership – Unlimited discord community + trade alerts, trading software tools, strategy library, and more! Use code YTVIP for a 25% OFF discount: https://a1trading.com/gold-membership/ A1 Trading Forex Telegram: https://t.me/A1TradingFXAnalysis Looking for a broker? Use
German Retail Sales fell by 5.1% MoM in July vs. -0.9% expected. Retail Sales came in at -0.3% YoY in July vs. 3.7% expected. According to the latest data reported by Germany’s Destatis on Monday, the country’s Retail Sales dropped by 5.1% MoM in July versus -0.9% expected and 4.2% last. On an annualized basis, the German
S&P up for the seventh consecutive months highlights Dow down for the second consecutive day S&P 500 close higher for the seventh consecutive month No record closes Major indices post gains for the month of August S&P and NASDAQ closes lower for the first time in three sessions Four S&P sectors were higher wall seven were lower
Slips into contraction The commentary on the results from Markit is extensive, reproduced below. Bolding is mine: “The Caixin China General Manufacturing PMI came in at 49.2 in August, down from 50.3 the previous month and falling into contractionary territory for the first time since April 2020. The reappearance of Covid-19 clusters in several regions
National Commodity and Derivatives Exchange Limited (NCDEX) on Tuesday launched the futures contract on the index NCDEX SOYDEX for September and October expiries. Today’s launch is the second successive offering in the sectoral indices in agri-commodities basket, the first being the NCDEX GUAREX, which was launched on August 16 of this month. NCDEX SOYDEX is