One of the main reasons why I and all of my members prefer to trade primarily withtechnical analysisis because there are literally millions of different variables in the world that can affect financial markets at any one time. Now, Forex is more affected by macro events like a country’s i...
Regularly occurring announcements are renowned for shaking the markets. The Non-Farm Payroll which happens on the first Friday of each month is a good example of an specific day when you want to steer clear of the markets. Events like the NFP will rattle the USD pairs, but other crosses ca...
A short position is created when an investor sells borrowed shares in an effort to make a profit if the share price drops. The investor must later repurchase the shares to return them to the brokerage they were borrowed from. The investor profits if the share price falls, but loses if the...
option trading on the NFP, which would pay its face value if the NFP value falls within a specific range (strike range). When the official NFP release is made (the exercise date), the digital option pays out if it is in the money, or it expires worthless if it is out of the money...
This will help to eliminate the “whipsaw” effect that is common in the lower time frames. Pin Bar Some of the best pin bars form on the back of a major news event. In fact, one of the most popular setup is the NFP pin bar. This is because Non-Farm Payrolls (NFPs) are ...
is the steady increases in monthly job gains we've seen for the past several years and the rising wages that point to consumer health. it will take quite a large whiff in the nfp data to alter that outlook, and based on the data, i don't expect that will happen. red ...
In this video tutorial you'll see what is Technical Analysis. Author says about 2 ways of analysis: fundamental analysis and technical analysis. More detail explanation about 'technical analysis' traders, about general rules for fundamental traders and technical traders. This is very basic video ...
As soon as the NFP is released all the traders buy and the price increases by a large amount, not all traders will be entered into long trades at the bottom of the move up their buying creates, what typically tend to happen is the price will move up in stages and you’ll see the ...