A look at one of the most used tools in a trader’s trading arsenal A moving average is a simple tool that traders use for different purposes. The main advantage is that it makes trading smoother and if used correctly, can lead to favorable trading results. A simple moving average is calculated by adding the
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Average price $2986 The GDT price index for the this recent auction rose 2.8% to $2986. The rise is the 3rd increase in a row. The NZDUSD has moved back above its 100 day MA at 0.66684 after the report  (see earlier post on the technical picture).  A topside trend line on the hourly chart
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Canaccord Genuity’s Tony Dwyer believes a powerful market rally will rise from 2018’s wreckage. But first, investors may face an agonizing and demoralizing next few weeks. “The market will be down again 20 percent from peak,” the firm’s chief market strategist said Monday on CNBC’s “Trading Nation.” “The history of a nonrecession, post-crash environment is:
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AUDUSD price, news and analysis: Further signs of a slowing Chinese economy, the US-China trade war and domestic economic weakness will likely put the AUDUSD price under further downward pressure. The 2016 lows for the pair are now a possible target. AUDUSD price weakness may resume After a short period of relative stability, the AUDUSD
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FTSE 100 price, news and analysis: The FTSE 100 index of London-listed stocks reflects global economic conditions rather than the UK economy, and that makes it particularly susceptible to a global slowdown. In particular, the heavy weighting of mining and energy stocks could lead to underperformance against other major stock indexes. China slowdown puts FTSE
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Is scalping still profitable in 2019? http://www.financial-spread-betting.com/trading/day-trading-course.html PLEASE LIKE, SUBSCRIBE AND SHARE THIS VIDEO SO WE CAN DO MORE! Is scalping still profitable in this day and age; with the emergence of high frequency trading and advantages that technology provides? Is it still a lucrative strategy? In 2006 I was a demon scalper ; crude
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Asian Stocks Talking Points: Equity indexes lost ground across the board Chinese data flow continues to cause concern, with another weak print coming in from the manufacturing sector Haven currencies found favor Find out what retail foreign exchange investors make of your favorite currency’s chances right now at the DailyFX Sentiment Page Most Asian indexes
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