The approach is precise as its name implies – a system in which you setup everything prior to trading and then leave all actions to be automated according to predefined parameters. You have to understand that set and forget trading is not a strategy, it is a trading approach. You chose your entry, stop losses, and [...]
Fundamental view: Gold bears are taking a hiatus amid the US dollar's pullback. The yellow metal witnessed weakness against dollar in the last week. Most of the sell-off in the gold price is primarily down to the strength in the dollar index that we have seen the last week Amidst the greenback gaining strength, the [...]
Fundamental view: Sterling has lost all of its summer bounce and is threatening to break back into its immediate post-pandemic range. Several factors have withered the appeal of the UK currency but the primary cause has been the risk-avoidance resurgence of the US dollar as the continuing economic impact of COVID-19 makes the August and [...]
Fundamental view: King Dollar won the battle in the last full trading week of September, with AUD/USD plummeting and nearing the 0.7000 threshold. Several factors combined to put the greenback back in its throne this week, including a speech from RBA’s Deputy Governor Guy Debelle. US Unemployment Claims on 24th Sept , US Core Durable [...]
