Summary
"We all understand the need to adapt to market conditions like when to trend trade and when to range trade but many novice traders are unaware of is how to load up when the conditions are right. Spotting a good order flow in the market can give you days in a month where performance can be tripled or quadrupled."Latest Live Videos
Editors’ Picks
EUR/USD battles 1.19 after cautious ECB minutes
EUR/USD has stabilized around 1.19 after the ECB meeting minutes pointed to some caution about expanding the bond-buying scheme. Earlier, the dollar weakened after the Fed signaled openness to more QE. The US holiday implies thin volume.
USD/JPY slides to fresh session lows, around 104.25-20 region
USD/JPY witnessed some selling on Thursday amid persistent selling surrounding the greenback. COVID-19 vaccine optimism might cap gains for the safe-haven JPY and help limit the downside. Holiday-thinned liquidity conditions could further hold investors from placing fresh bearish bets.
GBP/USD falls below 1.3350 amid Brexit concerns
GBP/USD retreats from near 1.3400, undermined by Brexit woes and renewed dollar demand. Doubts arise about Chief EU Negotiator Barnier traveling to London.
XAU/USD remains supported above $1800 level amid quiet holiday trade
Spot gold (XAU/USD) continues its gradual grind higher for a second day, the precious metal having bounced at support at the psychological $1800 mark on Tuesday, following a hefty sell-off at the start of the week that saw spot prices drop from the high $1800s.
WTI retreats from tops beyond $46.00 per barrel
Prices of the WTI met sellers above the $46.00 mark. Demand concerns re-emerge and weigh on sentiment. The EIA reported US crude supplies dropped by 0.754M last week.