Is There a Hidden Hand Defending USDJPY 140? – Forex Forum
Is There a Hidden Hand Defending USDJPY 140? – Forex Forum September 12, 2024 /Posted byGVI Forex / 42 / Source link
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Forex Trading Glossary – P – Forex Forum
Forex Trading Glossary – P ParThe principal amount of an investment instrument (e.g. 100) or where price equals the original value. Parabolic StopWells Wilder introduced the Parabolic Indicator, whose shape resembles the curve of a parabolic arc. The Parabolic is useful as a trailing stop because it has an acceleration factor that,…
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Global Trading: It is The Reaction to News that Matters – Forex Forum
Global Trading: It is The Reaction to News that Matters The old trading adage that says “the reaction to news is more important than the news itself” is even more relevant in today’s market as central banks embark on a rate cutting path. Good News vs. Bad News Another way oif saying it is…
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Are Forex Brokers to Blame for Traders Losing Money? – Forex Forum
Are Forex Brokers to Blame for Traders Losing Money? Skeptic say that retail trader will always lose money when we trade via a forex broker market maker. How true is that? Before I begin, I need to make it clear that I am not here to defend forex brokers, including those who act as…
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The Latest USDJPY Update From the Savvy Trader – Forex Forum
The Latest USDJPY Update From the Savvy Trader This is the latest update from a long time, highly respected Global-View member who called the top at USDJPY 162. I thus nicknamed him the savvy trader who has been kind enough to share his latest view and strategy. A USDJPY Update From the Savvy…
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Weekly Charts Analysis – Forex Forum
Weekly Charts Analysis USDJPY DAILY CHART – Time to take a breather? USDJPY pattern is 5 down weeks in a row. To break this pattern, 147.90 would need to be broken. Otherwise, there could be an inside week. On the downside, if I was the BoJ, I would look to defend the 141.68 low.Current consolidation…
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Newsquawk Week Ahead: 12th-16th August – Forex Forum
Newsquawk.com Week Ahead12th-16th August 2024: Highlights include US CPI and Retail Sales; UK CPI, Jobs and Retail Sales; Aussie Jobs; RBNZ; China activity data and Japan GDP MON: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain Day), German Retail Sales (May), Indian Trade Balance (Jul) TUE: IEA Oil Market Report, Australian Wage Price…
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Forex Trading Glossary I-K – Forex Forum
Forex Trading Glossary I-K Importers/ExportersProduce a regular flow of trading volume in the FX market. Impulse Wave(Elliott Wave) Impulse waves are those that define the main direction of the trending move. They are labeled as waves: 1, 3 and 5. They are comprised of five waves of lesser degree. Independent TradersThey speculate…
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Newsquawk Week Ahead 5th-9th August – Forex Forum
Newsquawk.com Week Ahead 5th-9th August: Highlights include ISM ServicesPMI, RBA, BoJ SoO, BoC Minutes, and Chinese inflation5th-9th August 2024 MON: Canadian Market Holiday (Civic Day), Chinese Caixin Services PMI Final (Jul), UK/EZ/US Services & Composite PMI Final (Jul), US ISM Services PMI (Jul), EZ Producer Prices (Jun) TUE: RBA Announcement and SOMP, EIA Short-term…
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Forex Trading Glossary E-F – Forex Forum
Forex Trading Glossary E-F Economic IndicatorMeasures the strength or weakness of all or part of a country’s economy. EMASee Exponential Moving Average Engulfing – Bullish and Bearish(Candlestick Reversal Pattern) The first bar of the pattern is a long black/white day, which is then followed by a white/black candlestick that completely engulfs the total range…
