After touching the upper border of the price channel on 4-hour chart, USDCHF pulled back from 1.0624, taking price back to test 1.0461 key support, a...
USDCHF pulled back from 1.0624
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USDCHF stays below a falling trend line
USDCHF stays below a falling trend line on 4-hour chart and remains in downtrend from 1.0066. As long as the trend line resistance holds,...
FOREX VIDEO | NEW YORK SESSION REVIEW | June 9, 2009
Today’s New York trading session was devoid of major US news events, and lower than normal volatility in the currency markets was the rule. However, there were opportunities to profit. For example, a classic range trade on the EUR/JPY produced a 60-pip profit before today’s London...
X5 Retail Swings To 1Q Net Loss On Forex Charge
"We...used our strong cash position as an opportunity to bring down debt and eliminate short-term forex exposure, while continuing selective expansion," ... See all stories on this...
Day-range strategy is improved by removing profit target. Profit distribution may lose second moment.
I continue developing ways of using Danica's output for profitable trading. The strategy of combining protective stop with a profit target, setting these at the extremes of the previous trading day and trading in the direction of the forecast (referred to as the Day Range strategy and reported in...
WHO raises pandemic level to Six: Swedish health min
The World Health Organization has raised its pandemic warning level to six on a scale of 1-6, according to the Swedish health ministry Reuters reports. This could lead to some risk aversion if it leads to travel cut backs, etc. Risk aversion is the farthest thing from the markets mind as stocks,...