Sam Seiden
Independent Analyst
Summary
During this session, Sam will share some strategy logic and rules for trading using price and price alone. The key is quantifying the markets real supply and demand equation and focusing on price levels where supply and demand is out of balance. This allows you to predict market turns and market moves in advance with a very high degree of accuracy. Sam Seiden developed the Patented Supply and Demand strategy more than 20 years ago during his time on the floor of the Chicago Mercantile Exchange. He started his career focused on the FX market and began on the financial institution side of the business which helped him understand how markets really work and how money is really made and lost in markets. Join Sam as he shares his strategy rules which help you trade the FX market like a bank. This session will focus on an interactive lesson and live strategy application.Latest Live Videos
Editors’ Picks
EUR/USD recovers above 1.1600 as focus shifts to US data
EUR/USD stages a modest rebound and trades in positive territory above 1.1600 in the European session on Wednesday. Improving risk sentiment makes it difficult for the US Dollar to preserve its strength and helps the pair edge higher as focus shifts to key US data releases.
GBP/USD climbs above 1.3350 on improving risk mood
GBP/USD gains traction and advances toward 1.3400 on Wednesday. Although there are no headlines pointing to a de-escalation in the Middle East conflict, the modest recovery seen in US stock index futures limit the USD's gains and help the pair hold its ground.
Gold rebounds toward $5,200 as USD retreats
Gold maintains its offered tone through European session on Wednesday and climbs to the $5,200 region. The downward correction seen in the US Dollar and the ongoing crsis in the Middle East seem to be allowing XAU/USD to preserve its recovery momentum.
ADP Employment Report set to signal stronger February jobs growth, little effect on Fed outlook
The Automatic Data Processing (ADP) Research Institute will release its monthly report on private-sector job creation for February on Wednesday. The so-called ADP Employment Change report is expected to show that the United States private sector added 50K new positions in the month, following the 22K gained in January.
Asian stocks fall as South Korea’s KOSPI slumps over 10%
Asian equities drop on Middle East tensions; the MSCI Asia Pacific Index falls up to 4%. South Korea’s KOSPI fell 10.71% near 5,170, with the Korean Won weakened past 1,500 per dollar.
Here is what you need to know on Wednesday, March 4:
The US Dollar enters a consolidation phase early Wednesday after outperforming its rivals for two consecutive days. The US economic calendar will feature ADP Employment Change data for February and the Institue for Supply Management will publish the February Services Purchasing Managers' Index data.