Summary
Your analysis on the next trade setup is complete, but now begins the most crucial part of the trading process; the ART of the Trade. A well planned trade is broken down into three key components: A – Account, R – Risk, and T-Trade A trade breaks down like this: Analysis complete. Conviction determined. Position size calculated. Orders entered. Position managed. Trade ends. Results accumulated. Repeat …. Whether you're managing a $10,000 account or a multi-million dollar account, each of these aspects needs careful considerable for the long term viability of a successful trader. Join professional traders Todd Gordon and Jackie Fogg as they uncover the "ART of the Trade”. Learn to handle your valuable trading capital like a professional to produce long-term success as a trader.Latest Live Videos
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.
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.
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.
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.
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.