In this video I explain the reason behind my USDCHF short and why I took it, currently running in +80 pips profit from our entry on Wednesday.
Trading does not have to be complicated in fact it can be so simple and hopefully this video explains how to trade to a beginner.
RECAP - 15:48 10-Sep-19
I spread trade.
Mostly WHEAT versus CORN.
But others as well.
This is a demo.
Please read below for understanding.
Money managment is important as well as patience etc...
I follow more or less the spread strategy with the seasonability strategy -
Keith Schap – The Complete Guide to Spread Trading
The guy who spreads and makes a...
Today we had the release of the anticipated US Non-farm payrolls. The forecast was slightly above the previous fact at 160K. Investors had mixed signals from previous reports, such as the ADT NFP rose by 195K in August, but on the other hand the ISM indicator showed a regression in employment activity.
Looking at a 1H TF on USD CHF we see that traders were more...
USDCHF formed a bearish engulfing candle on Friday as President Trump tweeted about imposing further tariffs on China.
The risk-off sentiment looks likely to continue this week with USDCHF gapping slightly on the open. We are looking to sell this pair in line with current market sentiment.
Seems like the financial market is hibernating till Friday and the anticipated speech by Federal Reserve Chair Jerome Powell. Mr. Powell’s speech will be closely watched for hints about the monetary policy decision on September 18th 2019. On July 31st FED lowered the interest rate by 25 basis points for the first time in a decade, stating that further easing will...