Question Categories "Forex Trading" [6]

Pipmaster answered Fxcarebear's question on 23 Jun 2017, 08:50:20

a range trading method or a trend trading approach?

A significant swing high/low, then take a counter momentum trade when price trades back there. Simply! But the most important thing is volatility is going down

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Pipmaster answered Fxcarebear's question on 23 Jun 2017, 08:49:11

when will we see the next historic stock market correction?

Talking heads call higher equity prices "good news" and lower equity prices "bad news" without saying for whom these price moves are good or bad. Just the same, they say that a fall in the CPI is bad without mentioning for whom it is bad. A trader is simply someone who understands that he can position his affairs to make a move in either direction good for him.

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Pipmaster answered Fxcarebear's question on 23 Jun 2017, 08:48:25

Can anyone explain the reason for the selloff?

My feeling on the FTSE100 strength of recent is due to a weaker pound which increases profit margins for the international companies of that index and for that reason I'm maintaining a bullish