Identifying the daily trend is an essential skill for traders looking to make profitable trades in the financial markets. Here are some steps to help identify the daily trend in trading: 1.Use a Higher Timeframe Chart: To identify the daily trend, you'll want to use a higher timeframe chart like a daily chart. This will allow you to see the bigger picture and...
Highlighted we have US30 make is first low near support. Then when market open we see a pullback being formed. Check the 30 min time frame we have a morning star formed and take off. I think its best to let the candle closed first and then enter. You could have secured an overall of 2200 pips and only risking about 400 pips. This is just going through market...
The recent upside in the bond market has been in tandem with the upside in the S&P 500. The move higher in bonds is largely due to the lower rates in monetary policy. Which should not directly affect long-term bonds by much but they have had some effect. Over the past three months, Bonds have gone down while the S&P 500 has made a lot of gains. The 30-year bonds...