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Summary

Trading around major economic or news events can lead to significant losses if you don’t know what you’re doing, or big profits if you do.  During this session, Sam will share the rule he uses that leads to profits and protects against losses.  He will also demonstrate this in the live market for daily and weekly income in addition to building and protecting wealth


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Editors’ Picks

EUR/USD remains depressed but off daily lows

The EUR/USD pair is recovering from a daily low of 1.1216, although holding in negative territory for the day. US preliminary Michigan Consumer Sentiment Index improved by less-than-anticipated in July, coming in at 98.4 vs. the 98.5 expected.

EUR/USD News

USD/JPY: bears pausing, still in control

Japanese National Inflation steady at 0.7%YoY in June. US Michigan Consumer Sentiment Index expected at 98.5 in July. USD/JPY corrective advance falling short of signaling an interim bottom in place.

USD/JPY News

GBP/USD trading marginally lower daily basis but above 1.2500

The Pound gave back some of its Thursday’s gain on dollar’s relief. The GBP/USD pair broke a daily descendant trend line coming from June’s high and holds above it, leaving little room for sellers to act.

GBP/USD News

Gold consolidates around $ 1440, eyes US data for fresh direction

Gold (futures on Comex) extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454 near 1437 region.

Gold News

WTI firmer above $ 56 as US-Iran tensions flare up, US rigs data eyed

WTI (futures on Nymex) is seen consolidating its recovery from monthly lows of 54.75, the bulls take a breather amid resurgent US dollar demand and nervousness ahead of the US drilling sector activity data.

Oil News

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