US Durable Goods beat expectations, dollar extends shallow recovery

Headline reading of Durable Goods Orders came at 6.5%, well above the 3.0% expected, although ex-transportation, resulted at 0.2%, below the 0.4% expected, jobless claims disappointed, trade deficit improved.

Fed: still expects to continue the process of raising interest rates - UOB

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GBP/USD retreats further below 1.3100 as USD rallies

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Strong Numbers From Durable Goods Orders Strengthen The Greenback

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Coastline Trading: Fractal approach to the market

Coastline Trader Gonçalo Moreira

The Trader

Gonçalo Moreira, CMT FXStreet
I've become a product of FXStreet. A profitable one

FXstreet analyst and professional trader Mr. Moreira has worked at FXStreet for 10 years, in which he has learned and been inspired by the best of our contributors.

What coastline trading stands for:

  • A serious strategy that infra leverages each trade
  • A risk to reward ratio of 50 to 1 or worse
  • A permanent draw down, sometimes higher than 40%
  • No stop losses, No timing the market
  • And be consistently profitable
Join the Coastline trading

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