Summary
So you are exhausted from following and trading the market manually. You heard that there are 103 CTA currency trading firms managing over $35 billion and that the majority of this amount is using systematic trading solutions. As a manual trader, should you embrace the technology or remain status quo? If you decide to adapt the systematic trading solutions, you must understand the fundamental building blocks to create a profitable trading system. Traders join us for a special webinar presentation presented by Winsor Hoang. Winsor will raffle one autograph copy of his book during the live webinar. "The Bull, The Bear, and the Baboon – FX Lessons Learned the Hard Way" is nominated as one of the best new Forex trading books in 2014 by FXStreet.Latest Live Videos
Editors’ Picks
EUR/USD retreats toward 1.0850 on modest USD recovery
EUR/USD stays under modest bearish pressure and trades in negative territory at around 1.0850 after closing modestly lower on Thursday. In the absence of macroeconomic data releases, investors will continue to pay close attention to comments from Federal Reserve officials.
GBP/USD holds above 1.2650 following earlier decline
GBP/USD edges higher after falling to a daily low below 1.2650 in the European session on Friday. The US Dollar holds its ground following the selloff seen after April inflation data and makes it difficult for the pair to extend its rebound. Fed policymakers are scheduled to speak later in the day.
Gold climbs to multi-week highs above $2,400
Gold gathered bullish momentum and touched its highest level in nearly a month above $2,400. Although the benchmark 10-year US yield holds steady at around 4.4%, the cautious market stance supports XAU/USD heading into the weekend.
Chainlink social dominance hits six-month peak as LINK extends gains
Chainlink (LINK) social dominance increased sharply on Friday, exceeding levels seen in the past six months, along with the token’s price rally that started on Wednesday.
Week ahead: Flash PMIs, UK and Japan CPIs in focus – RBNZ to hold rates
After cool US CPI, attention shifts to UK and Japanese inflation. Flash PMIs will be watched too amid signs of a rebound in Europe. Fed to stay in the spotlight as plethora of speakers, minutes on tap.