Jennifer Thornburg
The Trapper
Independent trader Jennifer Thornburg introduces the 2 moving averages combo that are use to provide context to price action. Jennifer explains the Hopper strategies in the summary of the lesson number three.
Watch the full chapter # 3: How To Use The MACD, With Jennifer #3: 2 Moving Averages Give Context To Price Action
All of our robots perform very well over many years of historical data, but past performance is no guarantee of future results; rather past performance is only an indication of the strategy's potential. Other circumstances which could produce variable results exist which Trading Algos, LLC has no control over, including but not limited to: broker slippage, speed of trade execution, internet failure, MT4 failure resulting in automated program losing control of the chart/account, etc.
Editors’ Picks
EUR/USD flattens post-Fed rate cut
EUR/USD soared into a fresh high for September after the Federal Reserve surprised markets with a full 50 bps rate cut on Wednesday, pushing risk appetite into the high side and sending traders scrambling for the buy button.
GBP/USD holds steady as BoE rate call looms ahead
GBP/USD hit a fresh 30-month high on Wednesday, pushed within inches of the 1.3300 handle after the US Federal Reserve trimmed interest rates by a jumbo 50 bps and chalking in the US central bank’s first rate cut in over four years.
USD.JPY plunges after Fed delivers 50 bps rate cut
USD/JPY dips on reaction to 50 bps Fed rate cut. Fed's dot plot on rate outlook also declined. Markets await Fed Chair Powell's press conference appearance.
Editors’ Picks
AUD/USD: A tough barrier remains around 0.6800
AUD/USD failed to maintain the earlier surpass of the 0.6800 barrier, eventually succumbing to the late rebound in the Greenback following the Fed’s decision to lower its interest rates by 50 bps.
NZD/USD advances to near 0.6200 due to risk-on mood, Fed interest rate decision awaited
The NZD/USD pair edges lower to near 0.6200 during the early Asian session on Thursday. The recent GDP data revealed that New Zealand's economy shrank again in the second quarter, suggesting the depths of its economic malaise.
Gold surrenders gains and drops to weekly lows near $2,550
Gold prices reverses the initial uptick to record highs around the $$2,600 per ounce troy, coming under renewed downside pressure and revisiting the $2,550 zone amidst the late recovery in the US Dollar.
Australian Unemployment Rate expected to hold steady at 4.2% in August
The Australian Bureau of Statistics will release the monthly employment report at 1:30 GMT on Thursday. The country is expected to have added 25K new positions in August, while the Unemployment Rate is foreseen to remain steady at 4.2%.
Ethereum could rally to $2,817 following Fed's 50 bps rate cut
Ethereum (ETH) is trading above $2,330 on Wednesday as the market is recovering following the Federal Reserve's (Fed) decision to cut interest rates by 50 basis points. Meanwhile, Ethereum exchange-traded funds (ETF) recorded $15.1 million in outflows.
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