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Summary
If you have been trading for any length of time, you probably have come up against one of the following issues: 1) You have taken consistent, small profits and have noticed that, at times, the market moves for hundreds (and even thousands) of pips in your favor after you exit the trade. Or, you may have noticed this: 2) There are many trades that go in your favor a little bit only to turn around and become losers or break-even trades, however, you sometimes bag a few HUGE winners. In this session we will talk about your trading style and how to determine the exit strategy you should use to achieve consistent, long term success (without changing your strategy every couple of months). At the end of the session we will examine the current charts, from a naked point of view.Latest Live Videos
Editors’ Picks
US Dollar struggles as Trump tariff uncertainty grows
The US Dollar struggles to stay resilient against its rivals to start the new week as investors assess the headlines surrounding the US trade regime. After the Supreme Court ruled against US President Trump's tariffs, Trump announced that he will hike global tariff rates to 15%.
Gold advances to four-week highs, focus is on $5,200
Gold is holding onto its bullish tone on Monday, hovering near monthly highs well above the $5,100 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.
EUR/USD regains balance, targets 1.1800
EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.
Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs
Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.
Supreme Court nixes tariffs, Trump teases 15% global tariff
On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.
Here is what you need to know on Monday, February 23:
Financial markets start the week in a volatile manner as investors assess the latest headlines surrounding the United States' trade regime and geopolitics. In the absence of high-impact data releases, market participants will keep a close eye on fresh developments on these subjects on Monday.