Author Archives: Winstone Market

NR4 Trading Strategy

The NR4 trading strategy is a price action trading system which is based on today's high to low price range that must be narrower than the previous 3 days.  Timeframes : Preferable daily Instrument : Any  Indicators : Not required Identifying the NR4 Pattern: The NR4 (Narrow Range 4) pattern is made up of four candlestick. [...]

China’s decision of banning Australian coal impacts Aussie

Australian shares were set to open lower on Tuesday, with the benchmark weighed on by heavyweight miners' fears of Chinese regulatory scrutiny into iron ore prices. Iron ore futures slumped on Monday as speculative interest in the steelmaking ingredient faded after China's steel producers pushed for a regulatory probe into skyrocketing prices and a crackdown [...]

Dollar will get weaker in near future – Morgan Stanley

Morgan Stanley analysts foresee 2021 as one more big year for liquidity injection and asset price inflation. "On our projections, G10 central banks will inject another US$2.8 trillion of liquidity next year – just in their government bond purchases. That's more than twice the amount of liquidity central banks injected in any year prior to [...]