Higher yields may be starting to take it’s toll. The USD is now the strongest currency of the majors. Rates may be causing some of the apprehension. 10 and 30 year notes/bond yields are up over 8 bps on the day.
Speaking after talking at community banking conference in St. Louis The Cleveland Fed president adds:
Still higher on the day, but much of the gains have been erased The Nasdaq is up 33 points or 0.41% at 8032. The high reached 8053.93. The low is at 8012.02 The Dow is up 66 points or 0.25% at 26840. The new all time high reached 26951.81.
Iran sanction fear trump surprise build Today, the DOE said there was a surprise build of 7975K vs 1500K estimate. The private API showed a build of around 900K.
How do you make trading decisions? Scenario 1 Imagine you have £10000. You can keep it or take a chance. The chance is to flip a coin and if you choose the right side of the coin you win double; £20000. Choose the wrong side of the coin and you lose the £10000. What…
Climbing the path of improvement All of us want to keep improving in our trading, so how can we keep continuously developing? We achieve this by building on our strengths and working or our weaknesses.
Winning and Losing in the Markets have yourecognise the stresses of winning and losing. How do you handle the stress of trading? Have you ever felt like throwing your computer out of the window with a losing trade? Or
A strong frame of mind We have already established that trading is stressful (as if we needed persuading), so now let’s look at some strategies for helping us to deal with stress. We all need stress to motivate us, . We just want to be able to.
Tips for staying ahead in a quiet market Summer trading can present a number of challenges for trading. For starters, ranges can be smaller due to the reduced volatility with many institutional traders away from their desks. Markets are more vulnerable to having patches of illiquidity with random moves taking out stops more readily on…
How to make experience work for you Practice makes perfect. There are few axioms that are more frequently repeated than that one. Probably because it actually works.