SEMINAR REGISTRATION – CLICK HERE – http://www.itpm.com/seminars/ TRADER MENTORING PROGRAMS – CLICK HERE – http://www.itpm.com/trader-mentoring/ ONLINE EDUCATION – CLICK HERE – http://www.itpm.com/education/ Clip from “Professional Traders Versus Retail Traders 102 – Part 2” – http://www.youtube.com/watch?v=EFXLA66zO4s
Month: March 2022
USD/CAD reversed sharply higher on Friday to test 1.2800 following strong US jobs data and amid a broadly risk-off tone. Currently, USD/CAD is up about 0.7% on the day and 1.5% versus multi-week lows printed on Thursday under 1.2600. USD/CAD reversed sharply higher on Friday after the release of what traders described as a bumper
AUDUSD moves away from 200 day MA again The AUDUSD has seen up and down volatility today. At the start of the day, the price moved lower and back below the 200 day MA at 0.7322. Yesterday, the price closed just above that moving average level. However, after stalling right around natural support at 0.7300,
The US jobs day typically is the focus event for the any jobs day. However today, US traders were once again met with news from Ukraine that was unsettling. Overnight Russian forces targeted an Ukrainian nuclear power plant with rockets (yes….), and although the resulting fire from the bombing did not result in a catastrophic
NEW YORK: There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall Street analysts, who say there is not enough supply to impede crude prices from their relentless surge. Global benchmark Brent and U.S. crude futures have soared over 15% to
Job growth accelerated in February, posting its biggest monthly gain since July as the employment picture got closer to its pre-pandemic self. Nonfarm payrolls for the month grew by 678,000 and the unemployment rate was 3.8%, the Labor Department’s Bureau of Labor Statistics reported Friday. That compared to estimates of 440,000 for payrolls and 3.9%
In this article SG A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong fourth-quarter sales growth and promising performance at its restaurants in its first quarterly report since its initial public offering. The salad chain also issued a strong sales outlook for 2022, although it
FTX, one of the world’s largest cryptocurrency exchanges, is launching a new team called FTX Gaming that is focused on driving crypto and non-fungible token (or NFT) adoption in the gaming world. According to an FTX spokesperson, the company is launching a “crypto-as-a-service” platform through which tokens can be launched and support for NFTs within
Dollar rises notably in early US session with help from strong headline non-farm payroll job growth, even though wages disappoint. But still, the overwhelming theme is Euro selloff on Russia invasion of Ukraine. The common currency is actually suffering a fresh round of heavy selling, just after NFP risk is cleared. Technically, it shouldn’t be
This MACD + Supertrend trading strategy has some profitable results based on a small sample of back testing. The concepts used with this strategy can be applied in many ways as you see best fit so the exact way shown isn’t the only way or the best way to do it. This is only an
Live from the DTTW trading floor! TRADERS with 50+ years of combined trading experience trade real money for real profits, and sometimes loss. Our multi-million dollar TV studio broadcasts the first and only professional Trading Show on YouTube Live. Join us on YouTube Live every weekday from 8:30am to 4:00pm EST to trade the NYSE,
Here is what you need to know on Friday, March 4: The financial markets have now gotten over the shock of the initial Russia-Ukraine conflict and had until today begun to price in more risk back into portfolios. However, that has now taken a back seat as news of Russia shelling a nuclear power plant
Dear USDJPY stalls on the upside against swing level resistance The USDJPY bounced higher in the Asian session and extended toward the high of a swing area between 115.68 and 115.786. The high reached 115.801- just above the high of that area – and backed off. The price is trading to a new NY session
Prior 56.3 That’s a solid improvement from January, with construction output seeing the fastest rise in eight months. The growth was led by a marked and accelerated rise in housing activity, though there were solid improvements in commercial and civil engineering activity as well. The only downside is that companies are still reporting widespread supply
Commodities extended their massive rally as Russia’s invasion of Ukraine continues to roil global markets and fuel fears of supply crunches. Tensions rose on Friday after Russia escalated its assault by attacking a Ukrainian nuclear plant, the biggest in Europe, according to Ukrainian officials. Prices from crude to aluminum and wheat soared, as commodities stage
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The economy was likely to have added jobs at a healthy pace in February and wages gains were strong. The February employment report, released at 8:30 a.m. Friday, is
In this article GPS Sale signs are on display in the windows of a Gap retail location. Scott Mlyn | CNBC Gap Inc. shares climbed in after-hours trading Thursday after the apparel retailer offered an upbeat forecast for its profits in 2022, in spite of rising inflation and logistics challenges. Supply chain snarls still remain
Peter Thiel-backed city-building startup Praxis has raised $15 million in Series A funding from a variety of crypto venture firms led by Paradigm Capital, Sam Bankman-Fried’s Alameda Research, and Three Arrows Capital. Dryden Brown of New York University, and Charlie Callinan of Boston College, co-founded Praxis, formerly Bluebook Cities in 2019, describing their goal as: