💀 🎃 It's that time of the year when all of your fears come out... not for our traders, though, as they follow our #Traderslang!
Bear Squeeze - a situation where sellers are faced with an appreciating market which forces them to close their positions at a loss, thus driving prices higher.
Are you afraid to be squeezed by a bear?
Bear Squeeze - a situation where sellers are faced with an appreciating market which forces them to close their positions at a loss, thus driving prices higher.
Are you afraid to be squeezed by a bear?
🇬🇧 The British Pound is at the spotlight today.
📊 The level of manufacturing PMI at 12:30 MT time. Analysts expect it to drop to 53 points. Remember, that higher-than-expected level is good for the currency.
🔵 However, the main attention will be on the BOE monetary policy summary and the press conference held by Mark Carney. While there is no expectation of a rate hike, the GBP can be supported by the hawkish comments.
🔴 Yesterday the UK Brexit minister Raab was confident about reaching the Brexit deal on the 21 of November. It lifted GBP/USD towards the resistance at 1.2895.
🔵 Hawkish statements by the Bank of England can make the pair to stick above 1.2895. Negative news can push the cable down to the support at 1.2704.
📊 The level of manufacturing PMI at 12:30 MT time. Analysts expect it to drop to 53 points. Remember, that higher-than-expected level is good for the currency.
🔵 However, the main attention will be on the BOE monetary policy summary and the press conference held by Mark Carney. While there is no expectation of a rate hike, the GBP can be supported by the hawkish comments.
🔴 Yesterday the UK Brexit minister Raab was confident about reaching the Brexit deal on the 21 of November. It lifted GBP/USD towards the resistance at 1.2895.
🔵 Hawkish statements by the Bank of England can make the pair to stick above 1.2895. Negative news can push the cable down to the support at 1.2704.
#EconomicCalendar
Today the United States will release the level of Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, at 15:30 MT time. Traders keep attention to it because it makes the USD highly volatile. 💸
📈 A high volatility is always a chance to boost your profit significantly!
Why do traders care about the NFP?
🔸 NFP reflects a change in the number of employed people during the previous month, excluding the farming industry. It is one of the most important economic data because the Federal Reserve uses it to take a decision on the future monetary policy.
🔸 A rise in the data supports a rate hike🔺, a decline doesn’t let the central bank increase the interest rate🔻.
🔸 Looking through the economic calendar, traders may notice that there is an ADP Non-Farm Employment Change indicator. The figure depicts an estimated change in the number of employed people during the previous month, excluding the farming industry and government. Although some traders consider the ADP NFP as a forecast for the official NFP, there is no direct correlation. Moreover, the ADP NFP doesn’t affect the USD. ❌
Don't skip your chance to trade on this event!
Today the United States will release the level of Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, at 15:30 MT time. Traders keep attention to it because it makes the USD highly volatile. 💸
📈 A high volatility is always a chance to boost your profit significantly!
Why do traders care about the NFP?
🔸 NFP reflects a change in the number of employed people during the previous month, excluding the farming industry. It is one of the most important economic data because the Federal Reserve uses it to take a decision on the future monetary policy.
🔸 A rise in the data supports a rate hike🔺, a decline doesn’t let the central bank increase the interest rate🔻.
🔸 Looking through the economic calendar, traders may notice that there is an ADP Non-Farm Employment Change indicator. The figure depicts an estimated change in the number of employed people during the previous month, excluding the farming industry and government. Although some traders consider the ADP NFP as a forecast for the official NFP, there is no direct correlation. Moreover, the ADP NFP doesn’t affect the USD. ❌
Don't skip your chance to trade on this event!
#FridayQuiz
Last Friday's question: "If the Federal Reserve (FED) starts selling the government bonds, the US dollar will likely increase " 🔝
We're happy to see how many of you answered correctly!
✅Meet the question for today!
Last Friday's question: "If the Federal Reserve (FED) starts selling the government bonds, the US dollar will likely increase " 🔝
We're happy to see how many of you answered correctly!
✅Meet the question for today!
FBS Analytics via @vote
When you use 50-day moving average (MA) and 100-day MA on a daily chart, a signal for short position is
anonymous poll
50-day MA crosses 100-day MA from bottom to top – 76
👍👍👍👍👍👍👍 50%
50-day MA crosses 100-day MA from top to bottom – 50
👍👍👍👍👍 33%
100-day MA crosses the current price from top to bottom – 13
👍 9%
The price crosses 50-day MA from bottom to top – 12
👍 8%
👥 151 people voted so far. Poll closed.
anonymous poll
50-day MA crosses 100-day MA from bottom to top – 76
👍👍👍👍👍👍👍 50%
50-day MA crosses 100-day MA from top to bottom – 50
👍👍👍👍👍 33%
100-day MA crosses the current price from top to bottom – 13
👍 9%
The price crosses 50-day MA from bottom to top – 12
👍 8%
👥 151 people voted so far. Poll closed.
#SaturdayTip
📝Last week poll showed some of you did not know the connection between the central bank equity purchases and the currency price. This is an important knowledge which helps you to trade on central bank's decisions. Read our article from the Guidebook explaining the types of central bank's policies!
https://bit.ly/2EWf1kk
📝Last week poll showed some of you did not know the connection between the central bank equity purchases and the currency price. This is an important knowledge which helps you to trade on central bank's decisions. Read our article from the Guidebook explaining the types of central bank's policies!
https://bit.ly/2EWf1kk
FBS
Monetary policy: impact on exchange rates
The main aim of the central bank is to maintain price stability by controlling inflation and create the stable economic environment for the country.
#EconomicCalendar
5 important things this week will bring us!
✅ US ISM non-manufacturing PMI (Mon, 17:00 MT time) – the level of business conditions for the service sector is expected to moderate from 61.6 to 59.3 for October. The increase of the index in September was unexpected and connected with an improvement in the sub-indices. If the actual level outperforms the forecasts, the US dollar index will rise.
✅ Reserve bank of Australia (RBA) rate statement (Tue, 5:30 MT time) – we do not anticipate the rate hike, however, the press release may contain clues to the future revisions of the bank's policy.
✅ Reserve bank of New Zealand rate statement (Wed, 22:00 MT time) – the central bank of New Zealand will conduct its press conference. As well, we expect the interest rate to remain at 1.75%, but the bank can throw some hints on changing its monetary policy.
✅ US Federal funds rate and the Federal open market committee (FOMC) statement (Thu, 21:00 MT time) – We can expect the FOMC to downgrade its assessment of business investment growth after the slowdown in nonresidential fixed investment growth. The falls in equity prices tightened the financial conditions of a country, so the FOMC may discuss some measures to support the economic conditions.
✅ British preliminary GDP q/q (Fri, 11:30 MT time) – the economic growth for the 3rd quarter is forecast to increase to 0.6%. A higher-than-expected level will support the GBP.
💥Hot topics:💥
✔ The US anticipates the midterm congressional elections on Tuesday, November 6. The preliminary data suggests Democrats are most likely to take control of the House, while Republicans will continue to control the Senate.
✔ UK Brexit Secretary Raab continued the negotiations on the Irish border. He wants the UK Prime minister Theresa May to take the hard line over it. Earlier, she announced the final paper on Brexit deal will be out on Tuesday.
✔ The Chinese president Xi made a statement about his plans on the open country economy to the world amid the trade war with the US.
Follow us for more news and have a successful trading!
5 important things this week will bring us!
✅ US ISM non-manufacturing PMI (Mon, 17:00 MT time) – the level of business conditions for the service sector is expected to moderate from 61.6 to 59.3 for October. The increase of the index in September was unexpected and connected with an improvement in the sub-indices. If the actual level outperforms the forecasts, the US dollar index will rise.
✅ Reserve bank of Australia (RBA) rate statement (Tue, 5:30 MT time) – we do not anticipate the rate hike, however, the press release may contain clues to the future revisions of the bank's policy.
✅ Reserve bank of New Zealand rate statement (Wed, 22:00 MT time) – the central bank of New Zealand will conduct its press conference. As well, we expect the interest rate to remain at 1.75%, but the bank can throw some hints on changing its monetary policy.
✅ US Federal funds rate and the Federal open market committee (FOMC) statement (Thu, 21:00 MT time) – We can expect the FOMC to downgrade its assessment of business investment growth after the slowdown in nonresidential fixed investment growth. The falls in equity prices tightened the financial conditions of a country, so the FOMC may discuss some measures to support the economic conditions.
✅ British preliminary GDP q/q (Fri, 11:30 MT time) – the economic growth for the 3rd quarter is forecast to increase to 0.6%. A higher-than-expected level will support the GBP.
💥Hot topics:💥
✔ The US anticipates the midterm congressional elections on Tuesday, November 6. The preliminary data suggests Democrats are most likely to take control of the House, while Republicans will continue to control the Senate.
✔ UK Brexit Secretary Raab continued the negotiations on the Irish border. He wants the UK Prime minister Theresa May to take the hard line over it. Earlier, she announced the final paper on Brexit deal will be out on Tuesday.
✔ The Chinese president Xi made a statement about his plans on the open country economy to the world amid the trade war with the US.
Follow us for more news and have a successful trading!
Good morning traders!
Meet the trade signals for today from FBS analysts:
✅ EUR/USD:
SELL 1.1460; SL 1.1480; TP1 1.1400; TP2 1.1350.
✅ XAU/USD:
BUY 1237 SL 1222 TP1 1267 TP2 1287 TP3 1308
BUY 1205 SL 1190 TP1 1235 TP2 1245 TP3 1267
✅ USD/CAD:
BUY 1.317 SL 1.3115 TP1 1.327 TP2 1.3315 TP3 1.35
SELL 1.305 SL 1.3105 TP1 1.295 TP2 1.2915 TP3 1.289
More trade signals could be found on our website.
Good luck !✳
Meet the trade signals for today from FBS analysts:
✅ EUR/USD:
SELL 1.1460; SL 1.1480; TP1 1.1400; TP2 1.1350.
✅ XAU/USD:
BUY 1237 SL 1222 TP1 1267 TP2 1287 TP3 1308
BUY 1205 SL 1190 TP1 1235 TP2 1245 TP3 1267
✅ USD/CAD:
BUY 1.317 SL 1.3115 TP1 1.327 TP2 1.3315 TP3 1.35
SELL 1.305 SL 1.3105 TP1 1.295 TP2 1.2915 TP3 1.289
More trade signals could be found on our website.
Good luck !✳
🇺🇸 No doubt, the mid-term Congressional elections is the main market mover for today. The US polling stations are open since 13:00 MT time, however, the preliminary polls and opinions add uncertainties and affect the USD.
😦 What is it about?
Midterm elections are conducted halfway between presidential elections every four years. The country will be electing all 435 seats in the House of Representatives and 35 out of 100 Senate seats. The party needs 218 seats to control the House and 51 seats for control of the Senate.
📊 What are the predictions?
The latest polls showed the high possibility of a divided Congress. The Democrats will take control of the House of Representatives and the Republicans (Donald Trump’s party) will rule the Senate. Many analysts suggest that the Republican Party will no longer stay in the total control of the Congress.
💸 How it can affect the USD?
Donald Trump reforms including tax cuts and trade concerns supported the greenback. If the Democrats win, the greenback will fall. In that case, the next support for the US dollar index is at 95.7. Otherwise, the USD will rise to the resistance at 96.35.
The polls will close at 5:00 MT time. We will see how the safe-haven currency will reflect on political changes.
😦 What is it about?
Midterm elections are conducted halfway between presidential elections every four years. The country will be electing all 435 seats in the House of Representatives and 35 out of 100 Senate seats. The party needs 218 seats to control the House and 51 seats for control of the Senate.
📊 What are the predictions?
The latest polls showed the high possibility of a divided Congress. The Democrats will take control of the House of Representatives and the Republicans (Donald Trump’s party) will rule the Senate. Many analysts suggest that the Republican Party will no longer stay in the total control of the Congress.
💸 How it can affect the USD?
Donald Trump reforms including tax cuts and trade concerns supported the greenback. If the Democrats win, the greenback will fall. In that case, the next support for the US dollar index is at 95.7. Otherwise, the USD will rise to the resistance at 96.35.
The polls will close at 5:00 MT time. We will see how the safe-haven currency will reflect on political changes.
Hello, our dear followers!
Meet this Wednesday's #TraderSlang 😉
Fill or kill - an order which must be executed immediately at a particular price, or killed (canceled) if the price moves.
Have you ever had a "fill or kill" order?
Meet this Wednesday's #TraderSlang 😉
Fill or kill - an order which must be executed immediately at a particular price, or killed (canceled) if the price moves.
Have you ever had a "fill or kill" order?
🐦 The Reserve bank of New Zealand press conference is scheduled at 23:00 MT time. The interest rate is expected to remain at 1.75%. However, we can expect the RBNZ to suggest the changes to its current monetary policy following the upbeat employment data released yesterday.
📊 As you may know, the employment change increased by 1.1% and the unemployment rate fell to 3.9%, beating the expectations.
📈 📉 The Hawkish tone of the statements will push the NZD up, while the dovish comments pull the kiwi down.
Do you know what influences the monetary policy of the RBNZ and how different it is from the approach of the Reserve bank of Australia? Read the article attached!✅
📊 As you may know, the employment change increased by 1.1% and the unemployment rate fell to 3.9%, beating the expectations.
📈 📉 The Hawkish tone of the statements will push the NZD up, while the dovish comments pull the kiwi down.
Do you know what influences the monetary policy of the RBNZ and how different it is from the approach of the Reserve bank of Australia? Read the article attached!✅
❗The most significant event for today is the US FOMC statement at 21:00 MT time. The rate hike is not expected, however, the tone of the statement may affect the USD.
💲 Yesterday’s falls amid the election results made the price to test the support at 95.72. However, it managed to rebound. The next strong resistance lies at 96.35.
📈 If the FOMC comments are hawkish, it can stick above 96.35. Otherwise, it can fall below 95.72 📉
💲 Yesterday’s falls amid the election results made the price to test the support at 95.72. However, it managed to rebound. The next strong resistance lies at 96.35.
📈 If the FOMC comments are hawkish, it can stick above 96.35. Otherwise, it can fall below 95.72 📉
✅ #CryptoNews for this week
BitMEX CEO Arthur Hayes: “Contrary to popular belief, Bitcoin requires volatility if it is ever to gain mainstream adoption. The price of Bitcoin is the best and most transparent way to communicate the health of the ecosystem. It advertises to the world that something is happening–whether that is positive or negative is irrelevant.”
📈 The week started bullish for Bitcoin. On Wednesday, the price crossed the resistance at 50-day MA at $6,516 and afterward tested the next psychological resistance at $6,563.
📉However, it failed to continue moving towards $6,662 and bounced back below $6,516.
📊 Despite the market speculations, the volatility of the digital asset remains extremely low. ATR is situated at its lowest levels. If buyers take over, it can push the price towards $6,516 again. In case of a bear market, the support lies at the pivot point at $6,400.
Events to trade on BTC, Ethereum, Litecoin and Dash in the upcoming week:
November 12 - Bitcoin (BTC) - Bakkt Bitcoin BTC Futures Launch
November 15 - Bitcoin Cash (BCH) - Hard Fork
Bitcoin $6,433.5(-1.6%)
DASH $172.95 (-3.19%)
Ethereum $211.75 (+0.89%)
Litecoin: $51.9 (-2.52%)
For more news on crypto and blockchain visit our website!
BitMEX CEO Arthur Hayes: “Contrary to popular belief, Bitcoin requires volatility if it is ever to gain mainstream adoption. The price of Bitcoin is the best and most transparent way to communicate the health of the ecosystem. It advertises to the world that something is happening–whether that is positive or negative is irrelevant.”
📈 The week started bullish for Bitcoin. On Wednesday, the price crossed the resistance at 50-day MA at $6,516 and afterward tested the next psychological resistance at $6,563.
📉However, it failed to continue moving towards $6,662 and bounced back below $6,516.
📊 Despite the market speculations, the volatility of the digital asset remains extremely low. ATR is situated at its lowest levels. If buyers take over, it can push the price towards $6,516 again. In case of a bear market, the support lies at the pivot point at $6,400.
Events to trade on BTC, Ethereum, Litecoin and Dash in the upcoming week:
November 12 - Bitcoin (BTC) - Bakkt Bitcoin BTC Futures Launch
November 15 - Bitcoin Cash (BCH) - Hard Fork
Bitcoin $6,433.5(-1.6%)
DASH $172.95 (-3.19%)
Ethereum $211.75 (+0.89%)
Litecoin: $51.9 (-2.52%)
For more news on crypto and blockchain visit our website!
FBS Analytics via @vote
If the oil production increases, where will its price go?
anonymous poll
Down – 124
👍👍👍👍👍👍👍 75%
Up – 31
👍👍 19%
The price won’t be affected – 10
👍 6%
👥 165 people voted so far. Poll closed.
anonymous poll
Down – 124
👍👍👍👍👍👍👍 75%
Up – 31
👍👍 19%
The price won’t be affected – 10
👍 6%
👥 165 people voted so far. Poll closed.
#SaturdayTip
Hello, hope you're enjoying your weekend! ✳
Last week we asked you: " When you use 50-day moving average (MA) and 100-day MA on a daily chart, a signal for short position is..."
✅ The correct answer was "50-day MA crosses 100-day MA from top to bottom".
❓ Do you want to know how to use moving averages in your trading strategy? Read our tip from the Forex Guidebook!
https://bit.ly/2FcTPGF
Hello, hope you're enjoying your weekend! ✳
Last week we asked you: " When you use 50-day moving average (MA) and 100-day MA on a daily chart, a signal for short position is..."
✅ The correct answer was "50-day MA crosses 100-day MA from top to bottom".
❓ Do you want to know how to use moving averages in your trading strategy? Read our tip from the Forex Guidebook!
https://bit.ly/2FcTPGF
FBS
How to use MAs in trading
What is the Moving Average?
✳ Good morning, everyone! Have a good Monday!
Here are some ideas for making this week more productive for you!
🔸Start your Monday with the Weekly Outlook presented by FBS analyst Darya Bobrova at 12:00 MT (10:00 GMT)! You will know the best trading opportunities for this week and understand the technical setups for the key currency pairs.
Register now!
https://bit.ly/2yQEViU
🔸 Would you like to know how political events affect markets? On Thursday, at 12:00 MT (10:00 GMT) time Ms. Darya will share with you the secrets of trading on political events to boost your profit! Watch the webinar "Fundamental analysis. How to trade on political events?".
Register now!
https://bit.ly/2DzV6Gf
Have a successful start of the week!✅
Here are some ideas for making this week more productive for you!
🔸Start your Monday with the Weekly Outlook presented by FBS analyst Darya Bobrova at 12:00 MT (10:00 GMT)! You will know the best trading opportunities for this week and understand the technical setups for the key currency pairs.
Register now!
https://bit.ly/2yQEViU
🔸 Would you like to know how political events affect markets? On Thursday, at 12:00 MT (10:00 GMT) time Ms. Darya will share with you the secrets of trading on political events to boost your profit! Watch the webinar "Fundamental analysis. How to trade on political events?".
Register now!
https://bit.ly/2DzV6Gf
Have a successful start of the week!✅
✳ Top 5 things to follow this week from the #EconomicCalendar
✔ British CPI y/y (Wed, 11:30 MT time) - The level of inflation for September declined to 2.4% from 2.7% in August. The index dropped because of a slowdown in food, transport, recreation, and closing prices. This month it is expected to reach 2.5%. Will it support the struggling GBP?
✔ US CPI & core CPI m/m (Wed, 15:30 MT time) – the level of inflation in the United States rose by 0.1% in September, as well as the core inflation excluding energy and food. In October, CPI and core CPI are forecast to come in 0.3% and 0.2% respectively.
✔ Australian employment change & unemployment rate (Thu, 2:30 MT time) – Australian level of employment increased by 5,600 jobs in September. This release came out lower than expected 15,200 jobs. In October we anticipate Australia to add 20,300 jobs. At the same time, the unemployment rate fell to 5% in September from 5.3% in August. Analyst forecast the level of unemployment to reach 5.1%.
If the employment change is higher than expected and the unemployment rate is lower than expected, this will be the good news for the Australia dollar.
✔ British retail sales m/m (Thu, 11:30 MT time) – UK retail sales fell by 0.8% in September, worse than forecasts of -0.4%. In October, the indicator is expected to increase by 0.1%
✔ US retail sales & core retail sales m/m (Thu, 15:30 MT time) – As for the US data, last month the level of retail sales came out lower than expected. It rose by 0.1%. This time we expect the indicator to increase by 0.6%. Speaking of core retail sales, it declined by 0.1% in September. In October, the change in sales excluding automobiles is forecast to increase by 0.5%. Higher-than-expected data will support the US dollar.
🔥 Hot topics 🔥
🇬🇧 The British pound extends falls as the European Union rejected the latest May’s plans for an independent mechanism that would allow Britain to leave from any temporary customer agreement. In addition, 4 British ministers are on verge of quitting Theresa May’s government over Brexit.
📝 At the beginning of this week, the Italian government prepares to resubmit its draft budget. The target deficit of 2.4% would remain unchanged, however, Italy may set a growth target of 1% instead of a previous target of 1,5%. We will keep an eye on a European Commission deadline on Tuesday.
🏭 During the OPEC+ the plans for cutting the supply in 2019 were announced. OPEC+ would keep inventory in a narrow band and maintain a long-term market balance. It supported oil prices.
Don't forget to follow us on Facebook for daily trade signals and analytical updates!
✔ British CPI y/y (Wed, 11:30 MT time) - The level of inflation for September declined to 2.4% from 2.7% in August. The index dropped because of a slowdown in food, transport, recreation, and closing prices. This month it is expected to reach 2.5%. Will it support the struggling GBP?
✔ US CPI & core CPI m/m (Wed, 15:30 MT time) – the level of inflation in the United States rose by 0.1% in September, as well as the core inflation excluding energy and food. In October, CPI and core CPI are forecast to come in 0.3% and 0.2% respectively.
✔ Australian employment change & unemployment rate (Thu, 2:30 MT time) – Australian level of employment increased by 5,600 jobs in September. This release came out lower than expected 15,200 jobs. In October we anticipate Australia to add 20,300 jobs. At the same time, the unemployment rate fell to 5% in September from 5.3% in August. Analyst forecast the level of unemployment to reach 5.1%.
If the employment change is higher than expected and the unemployment rate is lower than expected, this will be the good news for the Australia dollar.
✔ British retail sales m/m (Thu, 11:30 MT time) – UK retail sales fell by 0.8% in September, worse than forecasts of -0.4%. In October, the indicator is expected to increase by 0.1%
✔ US retail sales & core retail sales m/m (Thu, 15:30 MT time) – As for the US data, last month the level of retail sales came out lower than expected. It rose by 0.1%. This time we expect the indicator to increase by 0.6%. Speaking of core retail sales, it declined by 0.1% in September. In October, the change in sales excluding automobiles is forecast to increase by 0.5%. Higher-than-expected data will support the US dollar.
🔥 Hot topics 🔥
🇬🇧 The British pound extends falls as the European Union rejected the latest May’s plans for an independent mechanism that would allow Britain to leave from any temporary customer agreement. In addition, 4 British ministers are on verge of quitting Theresa May’s government over Brexit.
📝 At the beginning of this week, the Italian government prepares to resubmit its draft budget. The target deficit of 2.4% would remain unchanged, however, Italy may set a growth target of 1% instead of a previous target of 1,5%. We will keep an eye on a European Commission deadline on Tuesday.
🏭 During the OPEC+ the plans for cutting the supply in 2019 were announced. OPEC+ would keep inventory in a narrow band and maintain a long-term market balance. It supported oil prices.
Don't forget to follow us on Facebook for daily trade signals and analytical updates!
Why are key currency pairs falling?
🔺The US dollar index has broken the psychological resistance at 97 and is trading at highs of June 2017. The surge of the index caused a plunge of key currency pairs.
🔻As a result, EUR/USD broke the psychological low at 1.13. The break of the level is dramatic for the pair.
🔻GBP/USD formed a gap. If the USD strengthens, the pair may suffer a further fall to the red zone below 1.28.
💸However, every significant plunge is followed by a recovery. Therefore, the pairs may turn around soon! For future directions of the currency pairs we need to keep an eye on the price of the US dollar index.
🔺The US dollar index has broken the psychological resistance at 97 and is trading at highs of June 2017. The surge of the index caused a plunge of key currency pairs.
🔻As a result, EUR/USD broke the psychological low at 1.13. The break of the level is dramatic for the pair.
🔻GBP/USD formed a gap. If the USD strengthens, the pair may suffer a further fall to the red zone below 1.28.
💸However, every significant plunge is followed by a recovery. Therefore, the pairs may turn around soon! For future directions of the currency pairs we need to keep an eye on the price of the US dollar index.
“The goal of a successful trader is to make the best trades. Money is secondary.” - Alexander Elder
Read the necessary tips for a trader on taking control of emotions by the famous teacher of traders and psychiatrist Alexander Elder!💹 https://bit.ly/2PrIeID
Read the necessary tips for a trader on taking control of emotions by the famous teacher of traders and psychiatrist Alexander Elder!💹 https://bit.ly/2PrIeID
FBS
Tips for traders by Alexander Elder
Wise recommendations for traders about dealing with emotions and managing risks.
Will the British pound gain a positive momentum?
🇬🇧 Today, Theresa May is scheduled to meet with her cabinet to discuss the draft Brexit agreement at 16:00 MT (14:00 GMT) time.
If the Cabinet agrees, the next step will be to get the approval at the House of Commons. For now, the DUP from Northern Ireland and the Labour leadership expressed their negative opinions.
🙋 However, Theresa May thinks the fear of a no-deal Brexit can drive Conservatives and Labor party to support the agreement.
Do you think we are close to the end of this long-term rally?
🇬🇧 Today, Theresa May is scheduled to meet with her cabinet to discuss the draft Brexit agreement at 16:00 MT (14:00 GMT) time.
If the Cabinet agrees, the next step will be to get the approval at the House of Commons. For now, the DUP from Northern Ireland and the Labour leadership expressed their negative opinions.
🙋 However, Theresa May thinks the fear of a no-deal Brexit can drive Conservatives and Labor party to support the agreement.
Do you think we are close to the end of this long-term rally?
#TraderSlang Crypto edition 👽
Hodl - holding cryptocurrency despite massive losses or gains, in the hope it will regain its value or continue to increase.
Does it sound familiar to you? 😏
Hodl - holding cryptocurrency despite massive losses or gains, in the hope it will regain its value or continue to increase.
Does it sound familiar to you? 😏
