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
DLRx 103.02
so how are players gaming the 2.9% PCE print vs “experts” 3% expectation ?
hahahaha . Lower trending inflation.
What does that make players think of what does the FED gang thinks about what to do about int rates ?
What does the FED gang want players to think about what the FED thinks eh ?
So lower incoming data such as this PCE saw the DLR tilt down some in reaction to it.
Looking at DLRs ytd daily chart its trendline is angled up.
Res 103.50
Sup 102.75/50
We have a lot of new features on our site. Here is one you can find in the menu bar (temporarily) under Trading Pit. See Trading Bias Table
Yields a touch higher after PCE data despite core coming in slightly below consensus. .
Look in the upper menu bar to access our new Economic Calendar or click on this LINK
yes. the way it is becomes tiring to read the posts and specially on a black background which feels kinda spooky or at least to me. The previous 2001 blue/green background would be very very pleasant.
It’s a public holiday here which I hate market holidays so trying to keep busy and perhaps might make some forecasts to help my forum brothers here… 🙂
According to me humor during market hours always keeps the markets jovial and cheerful, and specifically focused on getting more pips.
Global-View Forex Forum
Think of it as being in beta mode or a soft launch. We will be working through some minor issues (e.g. registration), making some cosmetic tweaks, and filling in some pages until we are in full swing again.
In the meantime, post on the forum, market-related and/or suggestions/feedback as we work to make Global-View the go-to site once again for the trading community.
Attention Global-View Members
We just loaded our new site.
This is not the final look but you will find some changes from what you are used to.
While we may lose some of the features you are used to it has a lot of other features and is still like one scrolling news wire.
We already have a list of changes we will be making but I would like your input as I am looking for feedback and suggestions.
Registration is being tweaked as well. Go to Account in the upper right, click on login, and then register.
Use your handle (e.g. Mtl JP) as your name register and click on New Post just to test it out.
We have a lot of new features (e.g.economic calendar is really good) with more to come but what I need is your feedback snd suggestions
Send me an email at [email protected]
Jay.
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