Sentix, the pioneer in behavioural finance since 2001, has released its June 2019 report which offered a recession signal for the German economy. The trade war the US initiated with China is having an effect on investor confidence readings across economies as the global economic slowdown intensifies. PMI readings, industrial and manufacturing production data as well as factory orders have all clocked in below expectations for several months. Employment data has now joined the chorus of economic indicators which suggest that a global recession...
The world has gone a mobile a long time ago, and we are doing all of our finances from shopping to banking on our smartphones, so trading forex is no different. In today's world of smartphones and tablets, advancements in technology mean that you can now trade whilst on the move. As long as you have access to the internet then you can trade using a mobile device. Whether it be a mobile smartphone or a tablet, you can simply pick it up and start trading. This means that if you are on holiday or working away or you are on a long flight...
Hi to all my forex trading friends and those who think to give it a go. My name is Boston and I am originally from East Carbon, Utah in the US. Go ahead and crack a joke about my first name, I get it. I am Boston from Utah, hahaha. Heard it all before. Now that you all had a great laugh on my account, let’s move on to my forex trading strategy which enables me to earn $1k per day as a full-time trader. I understand that most of you have only time for part-time forex trading which is perfectly fine, you can still use my strategy and...
What is the Essex Express and how does it impact forex trading? It is a commuter train which is shared by several key traders from different banks such as the Swiss bank UBS, the Japanese bank MUFG Bank and UK banks Barclays and RBS. Inside the train, they created a forex trading cartel in order to influence market prices. Another forex trading cartel created by traders on the Essex Express was the “Three-Way-Banana-Split” operated by traders from Swiss bank UBS, UK banks Barclays and RBS and US banks Citigroup and JPMorgan who collaborated in...
Welcome back everyone, I am sure most of you wonder how long the correction in Bitcoin as well as other cryptocurrencies will last. Before I answer that question, let me remind you that corrections are necessary for a healthy up-trend. I have mentioned a correction in last week’s post “Bitcoin - Forex Combo Strategy: What’s Next for Jesse Lund?” where I also explained why I took a 500 Bitcoins short position at $8,800. While there is a possibility that we extend this slide down to $6,380, I happily booked my profits at...
