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Jhon Smith
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You need unflappable nerves in a volatile market
It's a stormy market at the moment. A great trade can turn into a mistake in minutes.
It's not even the headlines driving it. Cable has been particularly tricky with three days of 50-70 pip drops followed complete reversals.
Why is it suddenly so volatile?
The short answer is that the Bund trade is unwinding. That's clearly the market driver at the moment.
The longer answer is that volatility feeds on itself. Volatile markets leave traders uncertain. In this case, they've grown uncertain about the US dollar trend....
It's a stormy market at the moment. A great trade can turn into a mistake in minutes.
It's not even the headlines driving it. Cable has been particularly tricky with three days of 50-70 pip drops followed complete reversals.
Why is it suddenly so volatile?
The short answer is that the Bund trade is unwinding. That's clearly the market driver at the moment.
The longer answer is that volatility feeds on itself. Volatile markets leave traders uncertain. In this case, they've grown uncertain about the US dollar trend....
Jhon Smith
added a post
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FOREX-Dollar edges down, but bolstered by Fed expectations.
TOKYO, May 29 (Reuters) - The dollar edged down in Asian trading on Friday, taking a breather from this week's rally that brought it to its highest levels against the yen since 2002 on growing expectations that the U.S. Federal Reserve would raise interest rates this year.
Market participants said the dollar's recent ascent had caught some investors off guard and their efforts to cover their positions was likely to keep the dollar supported, even with possible risks from U.S. jobs data at the end of next week....
TOKYO, May 29 (Reuters) - The dollar edged down in Asian trading on Friday, taking a breather from this week's rally that brought it to its highest levels against the yen since 2002 on growing expectations that the U.S. Federal Reserve would raise interest rates this year.
Market participants said the dollar's recent ascent had caught some investors off guard and their efforts to cover their positions was likely to keep the dollar supported, even with possible risks from U.S. jobs data at the end of next week....
Jhon Smith
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Automated Your Trading With Our Advanced Trading Tools
FREE COMMERCIAL-GRADE EA's AVAILABLE.
Extremely Tight Spreads On All Currency Pairs.Fast instant execution from anywhere with any device.
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Jhon Smith
added a post
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Hello Everyone
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Great for EA’s
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Now days every Internet user try to earn through internet but this is not so easy.If you want to earn Money Through internet instantly then Forex is one of the best and most easy way to earn money,but you must need some knowledge about it other wise you can lose all your money. I'm share you now one of the best broker which is now allow everything like EA,ROBOT,AUTO TRADE,COPY TRADE etc.
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Jhon Smith
subscribed to 8 groups
7 May 2015 at 10:24
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Jhon Smith
wrote
status.html
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Jhon Smith
added a post
user-post.html
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