Summary
After 10 years of live trading events at FXstreet, what has changed in Wayne McDonell's trading methodology? Virtually nothing! "I may be 20 pounds heavier and my hair has turned gray, but successful trading habits are still as true today as they were back then". On his very first presentation in 2006 he shared his advice on risk management. One decade later, we will review this key topic again in "5 Ways To Leave Your Lover: How To Exit A Bad Trade". This webinar will examine various techniques to identify when your trade plan has failed so you can save pips and avoid large draw down in trading capital.Latest Live Videos
Editors’ Picks
Gold trims losses, back below $5,400
Gold now surrenders part of the earlier advance past the $5,400 mark per troy ounce at the beginning of the week. Indeed, the precious metal’s strong uptick remains fuelled by increasing geopolitical tensions in the Middle East amid the intense demand for safer assets.
Oil eases from tops, back to around $71.00/bbl
Crude oil prices are now giving away some gains after the initial 12% advance, with WTI hovering just above the $71.00 mark per barrel, its strongest levels since June. The jump in prices comes as markets continue to react to heightened geopolitical risk after US and Israeli military strikes on Iran and the effective shutdown of shipping through the Strait of Hormuz.
EUR/USD keeps the offered stance just above 1.1700
EUR/USD is coming under heavy selling pressure in what has been a rather grim start to the new trading week, with the pair now trading close to the 1.1700 support area as the US Dollar stages a solid rebound. The prevailing flight to safety mood continues to favour the Greenback, as investors react to the escalating conflict in the Middle East and trim risk exposure across the board.
Bitcoin on brink of breakdown amid US-Iran war
Bitcoin (BTC) remains under pressure near the key support level of $65,700. Trading at $66,400 at the time of writing on Monday, a breakdown below this critical level would suggest a deeper correction ahead.
The Fed is finally talking about AI – Here's why it matters for the US Dollar Premium
AI is moving from earnings calls into the heart of monetary policy discussions, forcing Federal Reserve officials to confront a new question: How to act if AI reshapes inflation, employment and interest rates at the same time?
Here is what you need to know on Monday, March 2:
Safe-haven flows dominate the action in financial markets to start the week after the United States and Israel carried out a coordinated attack on Iran over the weekend. The US economic calendar will feature the Institute for Supply Management's Manufacturing Purchasing Managers' Index data for February later in the day but investors will remain focused on headlines coming out of the Middle East.