Up and down. Stays below 200 hour MA Just sell rallies…That is what “Harry the Doom…” said….I said, “. EURUSD retests the 200 hour MA. Key test for both buyers and sellers” The sellers held against the risk defining level as the 200 hour MA. The rally up stalled.
Something more than what we experienced in March? It is month end/quarter end for most traders. Good Friday is today and most traders are taking the day off. So it makes sense to take a broader look at the EURUSD.
European Securities and Markets Authority lowers leverage The wild-west days of trading in foreign exchange are slowly being curbed. At one point, 200:1 leverage was standard and it seemed anyone, anywhere could open a broker.
The Wall Street Journal has put together a , using purchasing-power parity (PPP) (i.e. comparing the cost of the same good in different countries) – to estimate which currencies are overvalued and undervalued
Bank of England interest rate decision at 12.00 GMT 22 March It’s been covered a few times but as always it’s customary to throw a few thoughts into the pot despite my “trade what you see” approach so here’s what I think we should be looking out for fwiw:
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Don’t mind the gap The Bank of Canada was talking about the output gap way before it was popular. It’s been the central bank’s guiding light for years. A report the BOC released Friday shows they might be having second thoughts.
I didn’t see this one coming I tell the improbable story of how I won a shareholder class action lawsuit. It took more than 10 years but it paid off and I learned a few strange lessons about trading.
The progress of the past 100 years was incredible, but the next steps are tough In my , I talked about how we’ve already solved the 5 great problems of the 20th century. But it’s not all rosy because in this video I look at the landscape and ahead to future and talk about the three great problems…
Consumer sentiment from the University of Michigan A tad on the soft side but still at very healthy levels.