Do This To Become A Profitable Trader.
If you are serious about becoming a consistent and profitable trader then you will be happy to spend the time testing and paper trading any strategy before using it on…
Read More »Australia February Private Sector Credit +0.6% m/m (expected 0.7%)
Private Sector Credit reports the change in the total value of new credit issued to consumers and businesses across Australia Comes in at +0.6% m/m expected +0.7%, prior 0.6% and…
Read More »USD/JPY Pullback May Continue as Traders Eye Chinese PMI Data Amid Risk-Off Move
The Japanese Yen strengthened for a second day as Wall Street traders shifted out of equities as oil prices rose on a large US inventory draw. China PMI data is…
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USD/JPY Rate Outlook Susceptible to RSI Sell Signal
A move below 70 in the Relative Strength Index (RSI) is likely to be accompanied by a near-term correction in USD/JPY as the oscillator offers a textbook sell signal.
Read More »BOJ says its buying more JGBs because upward pressure on yields threatened the upper limit
The Bank of Japan says it announced steps to increase its bond-buying, saying the yield curve was under strong upward pressure, which could push the 10-yr JGB yield above the upper…
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FTMO Challenge Update – 2 Winning Trades And 1 New Entry
Here is an update on the FTMO challenge following a simple non-optimized strategy and doing quite well so far. We will see how the rest of this challenge goes in…
Read More »Australian February retail sales come in above expected at +1.8% m/m
Australian Retail Sales for February +1.8% m/m expected 1.0% m/m, prior 1.8%for the y/y +6.7%Some of the Australian commercial banks had higher than consensus forecasts based on proprietary data. WPAC, for…
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