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Summary
Ever wondered if there was a way to come out with a profit, even when your initial trade selection is wrong? Well if you haven’t I bet you are now…
The answer to that question is a resounding yes. Over the years that Alex Ong has been teaching retails traders to profit from the markets, he has found one thing to be consistent… Traders make mistakes.
With this in mind Alex set about creating a strategy that was almost bullet proof in terms of allowing for Traders to make mistakes. In this webinar, Alex Ong is going to show you a revolutionary strategy for trading the markets, that relies little on direction, or trade selection to make money. It is a strategy that takes advantage of natural from of the market and we are confident that it will completely blow you away.
So if you attend one webinar this year, make it this one!
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Editors’ Picks
EUR/USD weakens to near 1.1900 as traders eye US data
The EUR/USD pair loses ground to around 1.1905, snapping the two-day winning streak during the early European trading hours on Tuesday. Markets might turn cautious ahead of the release of key US economic data, including US employment and inflation reports that were pushed back slightly due to the recently ended four-day government shutdown.
GBP/USD edges lower below 1.3700 on UK political risks, BoE rate cut bets
The GBP/USD pair trades on a weaker note around 1.3685 during the European session on Tuesday. The Pound Sterling edges lower against the US Dollar amid political risk in the United Kingdom and rising expectations of near-term Bank of England rate cuts.
Gold drifts lower as positive risk tone tempers safe-haven demand; downside seems limited
Gold drifts lower during the Asian session on Tuesday and snaps a two-day winning streak, though it lacks strong follow-through selling and shows some resilience below the $5,000 psychological mark amid mixed cues. The outcome of Japan's snap election on Sunday removes political uncertainty, which, along with signs of easing tensions in the Middle East, remains supportive of the upbeat market mood.
Bitcoin Cash trades lower, risks dead-cat bounce amid bearish signals
Bitcoin Cash trades in the red below $522 at the time of writing on Tuesday, after multiple rejections at key resistance. BCH’s derivatives and on-chain indicators point to growing bearish sentiment and raise the risk of a dead-cat bounce toward lower support levels.
Follow the money, what USD/JPY in Tokyo is really telling you
Over the past two Tokyo sessions, this has not been a rate story. Not even close. Interest rate differentials have been spectators, not drivers. What has moved USD/JPY in local hours has been flow and flow alone.
Here is what you need to know on Tuesday, February 10:
Japanese stocks surged to record highs on Monday, as Prime Minister Sanae Takaichi's Liberal Democratic Party (LDP) basked in a historic election victory.