Month: December 2018

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Reuters reports the latest comments by the People’s Bank of China (PBOC), with the key headlines found below. Will guide reasonable growth of credit and social financing. Will further improve monetary policy transmission channel. Will step up way financial support for private and smaller companies. Will open up financial markets in an orderly way. Meanwhile,
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Want the tools I made for MT4 & 5? Go here – This is a snippet of last week’s War Room market commentary where we talked about our Asian breakout trap strategy, discuss a live trade setup and give other previous examples of this price action trading strategy. Want more price action knowledge?
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GOLD PRICE FUNDAMENTAL FORECAST: NEUTRAL Talking Points: Gold’s recent bullish breakout may come under pressure despite strong safe-haven demand A strong US Dollar notching year-to-date highs to limit further advances in gold Prospect of a Federal Reserve rate hike pause could shoot the precious metal higher GOLD PRICE FUNDAMENTAL FORECAST: NEUTRAL Over the last 5
Deciding how to manage your entries Trading successfully can be quite a challenge. Interpreting sentiment, understanding the fundamental outlook for a currency, pairing it suitably with another currency, and then managing your risk are all hard enough. However, once you have done all that a key question still remains: when and where should you enter
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Another administration official to depart Reports began to circulate earlier today that US Interior Secretary Ryan Zinke was leaving the White House at year end. Shortly afterwards, Trump made the announcement on twitter. “Secretary of the Interior @RyanZinke will be leaving the Administration at the end of the year after having served for a period
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GBP/USD 30-minute chart GBP/USD bulls are en route to reconquer the 200-period simple moving average.  GBP/USD is set to gain momentum as a break above 1.2600 figure would open the gates to 1.2660 resistance. On the flip side, a break below 1.2520 might invalidate the bullish bias. Additional key levels GBP/USD Overview:    Today Last Price: 1.2581    Today Daily change: -84 pips    Today