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Summary

You will learn a simple system for placing "set and forget" trades while you are away from your computer. You will get the rules, the positives and negatives of the system, and see how you can test this out for yourself to see if it may work for you.
 

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Editors’ Picks

EUR/USD stretches higher to test day highs at 1.1895

EUR/USD bounces up at 1.1840 to approach 1.1900 resistance area. The pair has bounced up from intra-day support at 1.1840 and is nearing resistance area in the vicinity of 1.1900. The euro appreciates against a weaker USD amid higher appetite for risk.

EUR/USD News

USD/JPY jumps to fresh weekly highs above 104.70 fueled by risk flows

USD/JPY is rising sharply in the early American session. Wall Street remains on track to open decisively higher. US Dollar Index turns positive on the day near 92.50.

USD/JPY News

GBP/USD consolidates within pennant above 1.3350 as sterling awaits Brexit updates

GBP/USD is consolidating just above 1.3350 as sterling traders await further information on the state of Brexit talks. The pair has formed a short-term pennant, implying a breakout is likely, subject to fundamental confluence.

GBP/USD News

Gold consolidates above $1,800, hangs near four-month lows

Gold holds just above the $1,800 threshold while taking rounds close to four-month lows. The hopes of the US stimulus and recovery from the coronavirus (COVID-19) keep the gold bears hopeful. DJI30, S&P 500 closed at the record top, DXY eased.

Gold news

WTI eases from multi-day high to sub-$45.00 area on API stockpiles

WTI steps back from the highest in more than eight months to revisit the sub-45.00 area. The black gold filled the early-March gap while rising to the eight-month high the previous day as global markets cheered optimistic signals from the US.

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