5 Reasons To Avoid Trading the Forex During the Holidays
I’m going to be honest, I did not write this article and I give full credit to the author A. Collins. I felt no reason to restate what he has written as I agree with his outlook on the subject. Below is a copy from his article “5 Reasons To Avoid Holiday Trading In Forex”…
🔄Weekly FX Recap: The euro will break below parity against the US Dollar | 📊 Ross Mullins
📌The technocrat prime minister, Giuseppe Cont, is not calling the shots and threatened to resign over this issue. ECB president, Mario Draghi, proclaimed “Mini-BOTs are either money and then they are illegal, or they are debt and then the stock of debt goes up. I don’t think there is a third possibility.” The Telegraph reports Italian…
🔄Weekly FX Recap: Taking Trades Before and After the USD Plunge | 📊 Ross Mullins
📌 The US Dollar Index (finally) breaks to the downside the 97 round figure. After all, the greenback was overvalued by 11.33% when it traded at 98.37 level, two weeks ago on May 23rd. Is this the beginning of the expected multi-week pullback to save Commodities, Emerging Markets, and the Stock Market? 📌The single currency…
Weekly FX Recap: Profit Made [+70 pips] on the USDCHF as USD Sellers Take Control | 📊 Ross Mullins
💡Ross Mullins, Head of Trading at Market Traders Daily, delivered another critical winning trade on the USDCHF pair to his YouTube audience and Trade Room followers. He has lately dedicated hours and hours of analysis to highlight how relevant is the US Dollar Index (DXY) price action for retail and institutional traders. 💡On May 30th,…
Weekly FX Recap: Ending the Week on a High with USD 💵 Short Trades | 📊 Ross Mullins
💡Ross’ Weekly FX Recap explains the sell-off in the US Dollar Index and how it served as a catalyst to go short in two currency pairs: USDCHF and USDJPY. On both opened trades, Ross accumulated 54 pips total. We suggest you review the trading levels Ross discusses during this recap as those will help you this…
Weekly FX Recap: Bullish Dollar in the Driver’s Seat this Week against the Majors | 📊 Ross Mullins
💡The US Dollar refused to be defeated in a long and challenging week for retail traders with no room to go than adding long dollars against the Euro, Pound, and Canadian dollar. Gold faced a ‘punched in the face’ after clocking $1303 level and initiated a pullback below $1280 level. Before Week 20 in 2019…