PUBLIC MARKS from polyxena with tag markets

Let’s just run through this scenario: 20,000 trades get placed simultaneously - or 20,000 attempts are made to get the same trade placed. Online brokers do tend to notice these things,

Bad news for the US economy, lower jobs, lower GDP, leads to lack of confidence Which leads to a rush towards safe haven currencies… Which leads to buying USD - because USD is in itself, considered a safe-haven currency… So bad US news leads to USD going up.

Camarilla Pivot Points are (unfortunately) covered in the same mystique as Fibonacci retracement - involving higher mathematics to produce a magic formula that somehow the markets are bound to follow

Balance of trade figures are another important facet of fundamental economic analysis. The trade balance compares exports versus imports for a given economy - sometimes the figures are broken into separate balances covering goods and services

ETFs retain the valuation feature of a unit trust, which can be purchased/redeemed at the end of each day for its net value - but you’re not limited to trading at the close price. An ETF is continually priced through market trading hours and so intra-day trading becomes possible. (Not something that ever went on with unit trusts or mutual funds).

CFDs are to be avoided, on stocks, equities, anything and everything - it’s one small step away from spread betting and if you want to end up like those dumbasses who spreadbet on the FTSE opening every morning, fine, go ahead…

Bollinger bands are a great way of understanding market movements if you’re new to the forex game. Everybody uses them, and overall, the concept is relatively easy to understand.

What of the rumors? Rumors that, faced with a currency dropping like a stone, a lot of previous policy statements are going to be junked and the United Kingdom might make a relatively rapid emergency dive into the Eurozone.