Ripple, Ethereum, And Bitcoin Rising Ahead Of The Critical ETF Decision
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
Tension is mounting towards the all-important deadline for approving or disapproving an Exchange Traded Fund (ETF) on Bitcoin. The request by Direxion has been postponed from the original deadline back in July. The SEC said it needed more time and set September 21st as the deadline. September 21st is here, and cryptocurrencies are getting nervous. […]
Central Bank Weekly: US Dollar Has Next Week’s Fed Hike Priced In
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
The US Dollar has been on a skid over the past few weeks, but shifting expectations around the Federal Reserve’s rate hike path have had little say in the matter. In September, the US Dollar (via the DXY Index) is down -1.15%, but since its high in mid-August, the greenback as fallen by just over -3% versus […]
Profit Taken On EUR/USD Long
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
EUR/USD Trading strategy: Buy Open: 1.1645 Target: – Stop-loss: 1.1570 (raised from 1.1450) Recommended size: 2.67 mini lots per $10,000 in your account Short analysis: Profit taken at 1.1750, earned: 200 pips, $400 per $10,000 in your account. EUR/USD bulls broke above the August 1.1734 peak, which opens the way to the 1.1780 Fibonacci level. […]
The Dollar Collapse
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
A review of the currency market with a focus on the US Dollar. Video Length: 00:05:43
A Hypothesis For Prof. Krugman: The Transmission Method Was Fear
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
In his recent column disagreeing with Ben Bernanke, Paul Krugman asks for an explanation as to how a financial panic could lead to years thereafter of a slow recovery. Specifically, Krugman says that he “really really wants to hear about the transmission mechanism.” After all, the financial panic eased in 2009. And yet, outside of […]
Turkish Lira Swings Violently As Erdogan’s Economic Plan Spooks Traders
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
The Turkish lira swung violently, rising to session highs then slumping 1.5% after Turkey presented its medium-term economic plan, which together with last week’s massive 625bps rate hike was supposed to restore investor confidence in the country’s struggling economy. The Turkish Lira first rose 1.9% during the speech delivered by Turkey’s finance minister Berat Albayrak […]
BTC/USD Forex Signal – Thursday, Sept. 20
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
Last Tuesday’s signals were not triggered, as there was no bearish price action at $6,324. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time, over the next 24-hour period only. Long Trade Long entry after a bullish price action reversal on the H1 time frame following the next touch of […]
EUR/USD Is Hugging 1.17 For Too Long, Big Breakout Ahead?
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
The EUR/USD is moving up within the narrow range. A tug of war between trade calm, US yields, and Brexit headlines keep the pair steady. The technical picture remains bullish for the EUR/USD. The world’s most popular currency pair is flirting with the 1.1700 level once again, holding up in the high range that characterized […]
Stocks Going Ex Dividend In October 2018
Sep 20, 2018
Jeremy Parkinson
Finance, No picture
The following is a short list of some of the many stocks going ex dividend during the next month. Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly […]