From my previous Idea, I anticipated the move towards the level between 1.26675-1.26446. Well it turned out to be right. I am still gonna be a bear on this market. The news events will give a big impact by deceiving bulls. The bulls will be deceived by indicating a fakey breakout toward north. The big money will push the market upwards during the announcements...
S&P 500: In 2014/2015 we have experienced a very nice bull market as the S&Ps finished in 2014 returning a nice 13.69%, overall the bull market has been driven by the feds decision to keep interest rates low as investors piled in. recently the FOMC held a press realised where Janet Yellen (Chair of the Board of Governors of the Federal Reserve System) stated that...
The Correlation between the EURUSD and USDCAD is -95%, this shows us that we can create a hedging strategy between the two pairs for major profits. The fundamentals in the European economy are as bad as can be as the dollar gains strength. this trend will continue as they cross
A strategy based on Martingale principle that was once used with great success in casinos. People who played roulette and used this method could win large amounts of money. But, it is risky type of trading which we do not recommend for beginners and inexperienced traders as it might lead to significant losses. Martingale strategy review Martingale strategy was...
The Economic recovery in the west is important especially with weakening demand in Europe and a fragile US recovery dependent on consumer spending and business confidence. Oil at $40 a barrel will be a welcome relief, even $30 a barrel is not unreasonable seeing in 2002 that was where Oil sat. Frankly $100 a barrel was too much.