Lean on other traders and technical levels to increase your success as a trader No man is an island...especially if you want to be a successful trader. You see, you need to lean on "the market"...that is the collection of successful traders who lean against technical levels There is no room for you to be on your […]
The one and only rule: Only share the really good ones Rule lists are a cheap currency. They aim to capture the deepest wisdom in the shortest form possible without any explanation at all. One eureka moment after another. […]
Forex news for North American trade on February 22, 2019: Markets: First off, ignore all the central bank speak because there was a lot of talk but none of it moved markets or taught us something we didn't know already. Kuroda shifted a bit to the dovish side but how far can he really go? […]
Jeff Skilling released Enron CEO Jeffrey Skilling was released from custody in Texas after serving more than 12 years relating to the 2001 collapse of Enron. The 65-year-old perpetrated one of the greatest financial frauds of all time. The company claimed revenues of more than $100 billion in 2000 but it was a institutionalized, systematic, and […]
Closing changes for the main indexes Here's the intraday on the S&P 500. It dipped on the China trade talks and that has me worried. The commentary was entirely positive but it wasn't good enough. To me it's starting to look like a deal is fully priced in and all the risks are to the downside. […]
Trump on China discussions There's been talk about a Trump-Xi meeting at the end of March in Mar-a-Lago. This all sounds very positive but it looks like the market was expecting him to announce a deal. The S&P 500 was up 20 points but has halved the gain to 10 points. […]
Speaking from the WH Pres. Trump adds: Meanwhile, Vice Premier Liu says he is delivering a message from Xi to Trump Now Lighthizers adds: Mnuchin: Now Wilbur Ross is weighing in with: […]
Bullard and Quarles Bullard Quarles: ForexLiv […]
Over 7 years since the range for the week has been this low The low to high trading range for the USDJPY this week has been from 110.42 (reached in the first hour of tradin on Monday), to 110.94 reached near midday on Wednesday. That is a low to high range of 52 pips. Looking at […]
Speaking on a panel at a NY forum In his prepared remarks, Feds Quarles says: ForexLiv […]
Comments from Philly Fed President Harker: Separately, more from Bullard: This is the heaviest day of Fed talk in awhile. And it's remarkable that they've all said absolutely nothing to move markets. […]
CNBC reports ForexLiv […]
Weekly oil and gas drilling rig data ForexLiv […]
Bullard speaking to Fox Business ForexLiv […]
Nasdaq looking to clos the week above the 200 day MA The US stocks are extending to new session highs and trading at highest levels for the week as well. ForexLiv […]
Guardian report UK cabinet ministers want May to quit in the month of May after local elections, . according to the Guardian May wants to stick around longer so her legacy isn't simply the Brexit mess. […]
Clarida talks about the Fed's policy framework Capping yields would be something like the BOJ's yield curve control. I think the Fed can send some solid long-term signals with this and that would help in a future downturn but this isn't something to move markets in the short term. […]
German Dax up 0.4%. UK FTSE up 0.26% The provisional levels for the major European indices are pointing to higher closes for the day (with the exception of the Portugal PSI20: […]
Comments from Bullard The heavy dose of Fedspeak today continues. Clarida is still to come, along with Harker, Quarles and more from Bullard and Williams. Mercy. […]
Draghi speaking in Bologna, Italy: Draghi is doing cheerleading for the EU and ECB in his speech. He hasn't touched on the outlook. ForexLiv […]
