Of EAs and their losses…where My Fx system wins @LEGIT WINS FX SYSTEM


One of the biggest fails of EAs is there incessant lack of knowledge on a qualitative,both arithmetic and Logarithmic scale to know when not to take a loss.That is why brokers encourage automated trading.This is an algo with no second thought closes a trade which with patience would have been a good trade .But we … Continue reading Of EAs and their losses…where My Fx system wins @LEGIT WINS FX SYSTEM

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Dollar Steadies Ahead of Fed; China Trade Deal Inches Closer


https://youtu.be/ZafVQdR3JN4 Public holidays and the approach of the Federal Reserve’s monetary policy statement are keeping a firm lid on foreign exchange movements early Wednesday, with the euro holding on to most of its gains after a stronger-than-expected first quarter GDP report on Tuesday. click here to join EGM With Japan and much of Europe closed, … Continue reading Dollar Steadies Ahead of Fed; China Trade Deal Inches Closer

GBP/USD Bullish Structure Targets 1.2960-65


The thematic of USD strength does not look like it's going to go away anytime soon if one judges by the weekly closes achieved in the DXY and EUR/USD. It was such a pity that the bullish close outside a well -defined 6.70-75 range could not be replicated in the USD/CNH. The positive US GDP Q1 headline number hides underlying softness … Continue reading GBP/USD Bullish Structure Targets 1.2960-65

U.S. Dollar Flat After Fed Minutes; Euro, Pound Edges Up on Brexit News


U.S. Dollar Flat After Fed Minutes; Euro, Pound Edges Up on Brexit News The U.S. dollar was flat on Thursday after the release of the Federal Reserve’s March meeting minutes. The U.S. dollar index that tracks the greenback against a basket of other currencies last traded at 96.523 by 1:40 AM ET (05:40 GMT), down 0.04%. The … Continue reading U.S. Dollar Flat After Fed Minutes; Euro, Pound Edges Up on Brexit News

Why the focus is on the Treasury yield curve by Felix Oluoch Fx


Why the focus is on the Treasury yield curve by Felix Oluoch Fx US 10 year Treasury yields touched a 14-month low in late March as concerns mounted regarding the trajectory of the Federal Reserve. This article is for you if you have been reading about the inverted yield curve in US Treasuries, but haven't really understood what it … Continue reading Why the focus is on the Treasury yield curve by Felix Oluoch Fx

AUD/USD reaches its highest level since 21 March


AUD/USD reaches its highest level since 21 March The high today is at 0.7149 as the aussie continues to stay buoyed with traders citing exporter demand for hedging requirements being one of the reasons boosting the commodity currency today. But technically, price contended with a break of the 0.7130 level yesterday and finally found it … Continue reading AUD/USD reaches its highest level since 21 March

WEEKLY OUTLOOK: APRIL 8TH TO 12TH | ECB INTEREST RATE DECISION AND BREXIT IN FOCUS.


We could see the ECB interest rate decision along with Brexit being in the epicenter of the market’s attention this week. Also affecting the USD, there could be some headlines regarding the US-Sino trade talks after Friday’s wrap up and probably about the release of FOMC’s meeting minutes. On the financial releases front we would … Continue reading WEEKLY OUTLOOK: APRIL 8TH TO 12TH | ECB INTEREST RATE DECISION AND BREXIT IN FOCUS.

Currency Broker Regulation List


Broker regulatory authorities Keynotes: See jurisdictions regulator authority list where brokers are seeking licenses. Major facts about all brokers As a noun the word ‘broker’ means a dealer, agent related to anything, we also have called them as a person who negotiates, a trafficker. Overall, it means “a person who buys things and then sells them … Continue reading Currency Broker Regulation List

U.S. Dollar Rises on Upbeat Jobless Claims


The greenback jumped on Thursday, as a decline in the number of people applying for unemployment helped lift sentiment even as the economy failed to expand as much as originally thought. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, jumped 0.5% to 96.748 as of 10:20 AM ET … Continue reading U.S. Dollar Rises on Upbeat Jobless Claims

Top 5 Things to Know in The Market on Wednesday


1. U.S. Futures Edge Lower, Yield Curve Stays Inverted U.S. stock index futures pointed to a cautiously lower open, with investors keeping their eyes on movements in the U.S. Treasury market, where the yield curve remained inverted for the fourth consecutive session. At 5:55 AM ET (9:55 GMT), the blue-chip Dow futures were down 42 points, or … Continue reading Top 5 Things to Know in The Market on Wednesday

Euro steadies as surveys hint at economic recovery


 The euro steadied on Tuesday after economic surveys showed tentative signs of a recovery in the euro zone economy but warning signs from bond markets continued to unnerve investors. The euro held around $1.13 and analysts said a stronger-than-forecast German business confidence survey on Monday was buoying the single currency. https://youtu.be/d7lJpWn_kyg But German 10-year bund … Continue reading Euro steadies as surveys hint at economic recovery