By Warren Seah - A stop loss order will automatically close a trade at a set level in order to prevent further losses. If a buy order has been...
Seven Common Stop Loss Exits
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Bovine Stock Market
Today is a prime example of why stock brokers and cattle are one in the same. No reason for the market moves today. Pure follow the leader and the leader is a...
Regional stock markets likely to be subdued
Wall Street was flat overnight and rising bond yields will probably give investors pause for thought. The Nikkei is expected to open marginally lower but most bourses are expected to stay within a -0.5%/+0.5% range on the...
EUR/JPY on the slide
Early Tokyo has taken a dislike to EUR/JPY, selling it down from 137.70 to 137.30. Those players caught long at the wrong levels might be bailing out and reassessing as this pair has certainly come quite a long way in a relatively short space of time. GBP/JPY has also met with some early selling,...
Lots of buyers in the AUD/USD
As we mentioned earlier this morning, all the weak stops were triggered in the AUD/USD below .7875 last night in early Europe and now there are lots of buyers emerging from the woodwork. The AUD/USD has jumped from .7880 to .7930 already this morning and one dealer I spoke with sees it going to...
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Summer Street FX potential affiliates and/or IB's we provide you with a complete white label solution for your business at no cost to you if you. Affiliate Marketing -...