Jennifer Thornburg
The Trapper
Summary
Here is one simple technique taken from The Combo Trade strategy. I will show you how to quickly judge a chart to distinguish a good trade setup from a bad one. Sometimes you enter a trade and it moves for a long distance in your favor. Sometimes you enter a trade and it doesn’t go very far at all. Here is a technique for estimating how far price might go in your favor.Latest Live Videos
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USD/JPY crashes toward 156.00, Japanese intervention in play?
Having briefly recaptured 160.00, USD/JPY came under intense selling and sank toward 156.00 on what seems like a Japanese FX intervention underway. The Yen tumbled in early trades amid news that Japan's PM lost 3 key seats in the by-election. Holiday-thinned trading exaggerates the USD/JPY price action.
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Ethereum fees drops to lowest level since October, ETH sustains above $3,200
Ethereum’s high transaction fees has been a sticky issue for the blockchain in the past. This led to Layer 2 chains and scaling solutions developing alternatives for users looking to transact at a lower cost.
Week ahead: Hawkish risk as Fed and NFP on tap, Eurozone data eyed too
Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.