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...
However, Fridays is a day that the US likes to publish economic statements, like the NFP, US Retail Sales and various GDP reports. You could call Friday somewhat of a mixed bag. Deciding when to Trade Forex There is no right or wrong time to trade Forex per se. But different trading p...
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 ...
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...
A short position is a trading strategy in which an investor aims to earn a profit from thedecline in the value of an asset. Trades can either belong or short, and a short position is the opposite of a long position. In a long position, an investor buys shares with the hopes of earnin...
the headline nfp figure is worthless. it's the difference between two estimates that are both revised, not once but twice. the margin of error for the figure is often so large as to completely negate any gains or losses of jobs the nfp may show. the key to reading the n...
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 ...