T2W Bot

Staff member
1,503 117
In previous articles we have spoken about our preference for combining technical analysis with macro factors and the benefits of keeping up-to-date with economic data, central bank speak and interest rate decisions.
In our view this is one of the best ways to create winning trading strategies. But recently it is easy to get extremely frustrated with the wave of fundamental factors that have caused havoc in the financial markets and had the potential to wipe out positions in an instant.
That can be extremely frustrating to a technical trader. We will look at a few examples here and try and give some tips on how to dodge those macro curve balls.
The first example is the US dollar and the Federal Reserve’s quantitative easing policy. The downtrend in the dollar, which began in mid-2010, was interrupted when the Federal Reserve began their second round of quantitative easing last November. Prior to this, the dollar index looked like it may be heading towards the 2009 lows of 74.50.
The...

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MONEYSHANKAR

Newbie
6 0
Good Strategy

Kathleen, thanks for sharing this valuable startegy with us. I found it helpful even in commodity market since global factors plays major role in price movement of commodities and a abrupt news or statement can alter fundamenta-technical calls.

ABHILASH
 
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ccclarette658

Member
77 47
recently it is easy to get extremely frustrated with the wave of fundamental factors that have caused havoc in the financial markets and had the potential to wipe out positions in an instant.

That can be extremely frustrating to a technical trader. We will look at a few examples here and try and give some tips on how to dodge those macro curve balls.

But the big spanner in the works to this trading strategy is the Federal Reserve

The FX market is too deep and liquid and can swallow up even the most thoroughly-researched trading strategy. The best traders are nimble and will trade on a short-term basis and move with the prevailing trend

Another tip for retail traders is to start small. Don’t put all of your eggs in one basket. Enter a position small and then add to it if it moves to your advantage, that way you can avoid racking up losses.


As I keep telling you, all of this is decided in advance, but you do not listen.
More cannon fodder!
 

drabbin

Newbie
2 0
David Rabbin

Most interesting well researched showing trading success needs not just technical analysis but an awareness of those factors which have given rise to chart formations
 
 
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