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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 stays in red below 1.0850 after weak German and EU PMI data

EUR/USD stays in red below 1.0850 after weak German and EU PMI data

EUR/USD stays on the back foot and trades in negative territory below 1.0850. Preliminary July PMI data from Germany and the Eurozone came in below analysts' estimates, making it difficult for the Euro to find demand. Focus now shifts to US PMI report.

EUR/USD News

GBP/USD trades below 1.2900 following UK PMI

GBP/USD trades below 1.2900 following UK PMI

GBP/USD remains under modest bearish pressure and trades below 1.2900 in the European session. The risk-averse market atmosphere doesn't allow the pair to stage a rebound, even though the UK PMI data showed that the private sector continued to grow in July.

GBP/USD News

Gold trades higher on stagflation fears, Harris’ nomination

Gold trades higher on stagflation fears, Harris’ nomination

Gold recovers for a second day in a row, trading back up in the $2,410s as “stagflation” fears mount. The term, which describes above-trend inflation coupled with weak growth and jobs data, is a portmanteau of “stagnant” and “inflation”. 

Gold News

Bitcoin price volatility expected amid speculation of Kamala Harris joining Bitcoin Conference with Donald Trump

Bitcoin price volatility expected amid speculation of Kamala Harris joining Bitcoin Conference with Donald Trump

Bitcoin price struggles around $66,000 on Wednesday. US spot Bitcoin ETFs experienced minor outflows on Tuesday, coinciding with the continued movement of Mt. Gox funds for repayment, which could exert downward pressure on Bitcoin's price.

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Canada Interest Rate Decision Preview: Bank of Canada eyes another rate cut on easing inflation expectation

Canada Interest Rate Decision Preview: Bank of Canada eyes another rate cut on easing inflation expectation

The Canadian central bank is seen cutting rates for the second consecutive meeting and the decision will be announced at 13:45 GMT. Governor Tiff Macklem’s press conference will follow at 14:30 GMT.

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