Thursday, 26 December 2019

Australian Dollar May Rise as AUD/USD, AUD/JPY Rates Eye Breakout

The Australian Dollar may rise as AUD/USD and AUD/JPY face major technical breakouts after the S&P 500 gained and Amazon reported “record-breaking” holiday sales in thin trade.

from DailyFX - Market News https://ift.tt/2spIKwh
via IFTTT

Historical Volatility: A Timeline of the Biggest Volatility Cycles

Past periods of volatility set historical precedence for traders navigating the markets today. Discover the biggest volatility cycles and spikes ever witnessed.

from DailyFX - Market News https://ift.tt/39hFd3E
via IFTTT

Gold Bulls Search for Low/Uptrend Resumption

Heading into the start of Q4 we noted that while the broader outlook remains constructive, seasonal tendencies do not favor gold in the fourth quarter and the advance is vulnerable heading into Oct...

from DailyFX - Market News https://ift.tt/2EUUBW4
via IFTTT

Japanese Yen Pressured as Big Problems Seem to Fade

The Japanese Yen sails into a new quarter and indeed a new year with some clear difficulties, at least if you’d like to be a bull. Will they last?

from DailyFX - Market News https://ift.tt/2Qj00eK
via IFTTT

Wednesday, 25 December 2019

AUD/USD Bottom Lacks Confirmation into 2020

AUD/USD managed to recover about 1.6 to 1.8 percent in the last three months of 2019. While this might have been the best quarter since Q3 2017, it certainly was not the most exciting.

from DailyFX - Market News https://ift.tt/35YTd0b
via IFTTT

Top Trading Lessons: The Critical Task of Learning to Lose Gracefully

This did require more time and effort on my part when I planned out trades, but it ultimately saved me from larger-than-expected losses.

from DailyFX - Market News https://ift.tt/2ETvi6w
via IFTTT

Stock Market 2020 Forecast: Stocks to Round Out 2019 at Record Levels, Where to Next?

The fourth quarter saw global equity markets roar high as some key headwinds were put on pause and investors seized the opportunity to bid stocks higher. Can they continue the rally in 2020?

from DailyFX - Market News https://ift.tt/2ESNNIw
via IFTTT

Top Trading Lessons: Remember the Basis of Your Trade

Remember why you entered the position in the first place: Listen to your analysis and stay true to your trading style and typical timeframe.

from DailyFX - Market News https://ift.tt/35RZzi1
via IFTTT

Top Trading Lessons: Not Letting My Profits Run to Target

While taking a profit is not wrong, the reason that I cut these positions certainly was wrong as I did not let my trade play out.

from DailyFX - Market News https://ift.tt/39bslfE
via IFTTT

Top Trading Lessons: Trust Your Fundamental Analysis and Ignore the FOMO

This year taught me a valuable trading lesson: trust your fundamental analysis and ignore the insidious pull of FOMO.

from DailyFX - Market News https://ift.tt/351l2UE
via IFTTT

Top Trading Lessons: Make the Plan, Trade the Plan; Don’t Succumb to Paralysis by Analysis

The traders that were able to successfully navigate the tempestuous market environment were those that were ruthless practitioners of basic risk management principles.

from DailyFX - Market News https://ift.tt/2tQv7H0
via IFTTT

Top Trading Lessons: Global Markets Aren't a Two Player Game

How often do you catch yourself referring to trades or analysis as an effort to 'beat the market'? For myself, the answer is far too often given the fallacy in logic that it can represent.

from DailyFX - Market News https://ift.tt/379nWYN
via IFTTT

Top Trading Lessons: Rely on Price Action When Fundamentals Don’t Make Sense

Major developments coming out of the US swayed the financial markets throughout 2019 as the Federal Reserve delivered three consecutive rate cuts in response to the shift in trade policy.

from DailyFX - Market News https://ift.tt/2skJDpR
via IFTTT

CRUDE OIL FUNDAMENTAL FORECAST: Q1 2020

Crude Oil May Rise on Easing Trade War Risks, OPEC Supply Cuts

from DailyFX - Market News https://ift.tt/2SzWiAj
via IFTTT

Tuesday, 24 December 2019

Top Trading Lessons: Allowed Too Much ‘Wiggle’ Room on Profitable Trades in Wrong Environment

Coming into 2019 the top takeaway from the year prior was that I was a bit too selective as a result of trying to adjust to the low-volatility environment, so I decided to loosen it up a bit even i...

from DailyFX - Market News https://ift.tt/2QjCfmG
via IFTTT

Top Trading Lessons: Don't Fight the Fed

At the backend of 2018, the Federal Reserve had signaled that monetary tightening was on ‘autopilot’, which in turn had led towards a late 2018 equity market rout.

from DailyFX - Market News https://ift.tt/35Vse5S
via IFTTT

Gold Price Outlook: XAU/USD Bullish Breakout With Bets of a Top?

Gold prices confirmed a bullish technical breakout as the US Dollar and bond yields fell. Net long positioning is on the decline. Could this mark a reversal for XAU/USD?

from DailyFX - Market News https://ift.tt/375aiWp
via IFTTT

Top Trading Lessons: Stay Cognizant of Cycles and Seasonality

Patterns in life appear everywhere - including financial markets and the macroeconomy.

from DailyFX - Market News https://ift.tt/2t3HJtG
via IFTTT

Top Trading Lessons: Global Economic Weakness Should Damage the Oil Price, So Why Didn't It?

Analysts and traders spent much of 2019 worrying about weakening global economic growth, and they were right to be concerned.

from DailyFX - Market News https://ift.tt/2Qkxeuf
via IFTTT

US DOLLAR FUNDAMENTAL FORECAST: Q1 2020

Will Risk Trend, Recession Fears or Trump Break Dollar from Its Stasis?

from DailyFX - Market News https://ift.tt/35V3w5C
via IFTTT

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...