(15 November 2019)USD/TRY Under pressure.
Pivot (invalidation): 5.7650 Our preference Short positions below 5.7650 with targets at 5.7400 & 5.7290 in extension. Alternative scenario Source link […]
Category: Trading
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How To Do Multiple Time Frame Analysis
Click here to get a PDF of this post This is a Guest Post by: Colibri Trader @priceinaction As traders begin the journey, they will be hit with a multitude of different trading strategies, mantras, and methodologies. However, there are some things that do tend to hold true regardless of the trader or system, and multiple time […]
Indexes Hit Record Highs On Trade Optimism
Hello traders everywhere. The DOW hit a record high Friday after White House economic adviser Larry Kudlow said China and the U.S. were getting close to reaching a trade deal trading 120 points higher. The S&P 500 and NASDAQ also hit all-time highs, climbing +0.6% and +0.7%, respectively. Trade-sensitive names such as Caterpillar, Boeing, Apple, […]
(15 November 2019)DAX Consolidation in place.
Pivot (invalidation): 13238.00 Our preference Short positions below 13238.00 with targets at 13140.00 & 13110.00 in extension. Alternative scenario Source link […]
(15 November 2019)DAILY MARKET BRIEF 1:Election headlines inflate the pound – Market News – 15 November 2019
The british pound appears set to recover from last week as market participants seem convinced that the fact that Jeremy Corbyn’s Labor party “close to zero” chance to win majority in the 12 December 2019 general elections should make the case of the Tories. Yet, the launch of Nigel Farage’s Brexit Party […]
Popular Penny Stocks on Robinhood
Today we’re going to look at some of the more popular penny stocks on Robhinhood but before we do lets briefly cover who Robinhood is and what penny stocks are. Who is Robinhood? “It’s Time to Do Money” is a mantra by Robinhood, which is a leader in commission-free investments. Robinhood offers you access to […]
Trading Elliott Wave Pattern – Analytics & Forecasts – 15 November 2019
Elliott wave patterns are the common geometric patterns used by Forex and stock market trading. In 1980s and 1990s, this technique was considered as rather complex trading strategy. However, as with the development of personal computer, we now have many automated tools to detect Elliott Wave patterns. This means that this sophisticated […]
Harmonic Pattern Indicator List for MetaTrader 5 – Analytics & Forecasts – 15 November 2019
Harmonic Pattern Indicator provide a mean of detecting the turning point in the market. It is one way to solve the puzzle of market geometry, which is often not solvable with technical indicators. If the harmonic pattern detection can be done automatically, I think that is very good start for any harmonic […]
Zero Fee Trades Likely Means Lower Fee ETFs – Part 2
Now that its clear investors understand how fees affect their returns and the financial industry as a whole is responding by lowering trading commissions to zero and cutting management fees on funds, its just a matter of time until we see ‘indexed’ funds begin to offer zero or near zero, as in 0.01% expense ratio, […]
(15 November 2019)DAILY MARKET BRIEF 2:These are the A-share sectors you want to be in – Market News – 15 November 2019
Despite the less-than-promising macro backdrop and the uncertainty caused by US-China trade tensions, onshore Chinese equities have rebounded by over 30% this year and outperformed other Asia markets. UBS CIO Global Wealth Management remains overweight offshore Chinese equities versus onshore stocks, but it is positive on the onshore market given the […]