Forex trading is one of the most dynamic and promising types of investment. But like any other type of investment, it is not without risks. To reduce risks, traders must be aware of the market and have a trading strategy. If you want to start forex trading, you need to find a broker that provides forex trading opportunities to its clients.
Quiet day ahead of this week’s storm of events.
Focus today has been on risk of rising Middle East tensions but so far limited reactions.
Market focus is on interest rate expectations and timing of rate cuts (note EUR soft tone after there was no pushback on market expectations of an early rate cut).
Busy Week for Bonds Won’t Make Things Any Clearer for Traders
– (Bloomberg) — Bond traders looking for something to jolt the $27 trillion Treasury market out of its recent rut will probably still be left waiting for answers, even after a busy week packed with a Federal Reserve meeting, the government’s quarterly debt-sale plans and a slew of economic data.
jolt would be nice, maybe even exciting
Next week we have quite a few data’s , the most important be FOMC rate decision.
Check it out in our Economic calendar
January 28, 2024 at 12:48 pm #890
Just use 1% of equity or less per trade if using leverage, if using leverage then simply use less of your own capital per trade and more of the brokers capital. There are various ways on when to take profit meaning both for swing trading and position trading, whether using leverage or not using leverage. There is also contango in which a guarantor is ready with cash on tap for the trader, and that by the way is the most profitable form of trading because the trader has more than sufficient amount of ready cash to feed his winning positions whilst devoting less cash for trades which are in the process of becoming profitable. It goes deeper than this but yeah,… the unique principles of the trader are what matter the most and depend on what he is comfortable in doing for his account. The guarantor just has to sit back, relax and watch his money growing exponentially from one level to the next higher level.
Common Sense Guidelines for the Average ( and not so average 😀 Trader
Newsquawk Week Ahead:
FOMC, NFP, ISM Mfg PMI, BoE, EZ CPI and EZ GDP
Sun: New Zealand Trade Balance
Mon: Japanese Unemployment (Dec)
Tue: Israel Municipal Elections; Spanish Flash CPI (Jan), Swiss KOF (Jan), German Flash GDP (Q4), EZ Flash GDP (Q4), EZ Consumer Confidence Final (Dec), US Home Prices (Nov), JOLTS (Dec), Japanese Retail Sales (Dec)
Wed: Australian CPI, FOMC & BCB Policy Announcements, BoJ SOO (Jan); Chinese NBS PMIS (Jan), German Flash CPI (Jan), German Retail Sales (Dec), Import Prices (Dec), French Prelim. CPI (Jan), German Unemployment (Jan), EZ GDP Flash Prelim. (Q4), US ADP (Jan) and Employment Cost Index (Q4), Chicago PMI (Jan), Italian Prelim. PCI (Jan)
Thu: Chinese Caixin Manufacturing PMI (Jan), EZ/UK/US Manufacturing PMI Finals (Jan), EZ Flash CPI (Jan), BoE Announcement, ISM Manufacturing PMI (Jan).
Fri: US Jobs Report (Jan)
ON YOUR MIND
How to cope with financial stress affecting your mental health
– Open up to a trusted loved one
– Manage your emotions
– Create a plan and track your progress
– Work with a professional
Advice By Traci S. Williams – Washington Post
Traci S. Williams, PsyD, ABPP, CFT-I is a board-certified clinical psychologist and certified financial therapist. She helps families improve their emotional, mental and financial health
fwiw Traci does not talk about either getting or getting rid of a cat
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