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The stock market rises on days when the FOMC releases its policy statement, probably as a result of some uncertainty being removed for market participants. This pattern has existed for more than 30 years. The Fed's ability to "jawbone" the market higher is no more exceptional now than it was during any prior bull market.Morgan Stanley's (NYSE:MS) chief economist this week stated that the Fed's low-rate policy and "jawboning" are responsible for most of the stock market's gains since 2009. In doi…
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SNP500 correlated pairs should find their top this week.
Hi traders,
Tomorrow August 18th 2016 at 20:15 EDT snp500 futures should start dropping from 2178-79 level (snp500 next month futures contract price).
The drop to 2092 level should take another 10 trading days. Should be safe to sell usd and jpy pairs for that period of time.
Although I believe equities should go down for at least 4 weeks.
Tomorrow August 18th 2016 at 20:15 EDT snp500 futures should start dropping from 2178-79 level (snp500 next month futures contract price).
The drop to 2092 level should take another 10 trading days. Should be safe to sell usd and jpy pairs for that period of time.
Although I believe equities should go down for at least 4 weeks.
Last trading of April month
Hello friends,
This month performance is satisfied for me, I am still improving my strategy to achieve better performance on all month.
This month trading gave three biggest drawdowns on JPY pairs. Due to some lack of prediction on these pairs i am faced those losses. I am looking forward for next month trading.
Good luck for next month trading....
This month performance is satisfied for me, I am still improving my strategy to achieve better performance on all month.
This month trading gave three biggest drawdowns on JPY pairs. Due to some lack of prediction on these pairs i am faced those losses. I am looking forward for next month trading.
Good luck for next month trading....
US Dollar in the Spotlight
Through the entire year I've been preaching that soon we may see developing the broad based US dollar bullish trend and it may be the case that the Dollar has already started shifting direction. But at the same time we need more time for this bullish US dollar sentiment to gain traction and have a well constructed trending market.
For more reference you can check out my previous take on US Dollar here: …
For more reference you can check out my previous take on US Dollar here: …
Gaining Equity!!
Today was a superb day...I am currently 10th on the trader contest table...
And this is just the first week!!!..To be fair, i made a public announcement yesterday and asked everyone to subscribe..
Its not too late though..let me make money for you...Dnt quote me..lol.. ...
My poker game today was less than extraordinary..i did not impress myself...Currently 4th on the social trading contest..and 2nd on the article contest..
Now i have explained my trading strategy and given its performance over …
And this is just the first week!!!..To be fair, i made a public announcement yesterday and asked everyone to subscribe..
Its not too late though..let me make money for you...Dnt quote me..lol.. ...
My poker game today was less than extraordinary..i did not impress myself...Currently 4th on the social trading contest..and 2nd on the article contest..
Now i have explained my trading strategy and given its performance over …