It is the end of the week, and it seems to have gone in a flash. An Amazing Exciting Week in the world of Forex Trading. The Trade of the week has to be gold, and in today’s video, we explain how to trade in Flash crashes.
This week the Federal Reserve, decided to lower interest rates, effectively increasing the money supply, markets were still cautious due to signs that another interest rate drop was unlikely to occur. Next week pay attention to Speeches from the fed members even the slight hint of another cut could move Indicies, currencies, and commodities with huge one-directional volume
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For all the traders that attended our Oil and Gold Trading Master Class. I hope you enjoyed the live session with Steven and Rusell. The results of our trading session are down below. The month of September is almost guaranteed to cross significant pip barriers. One important note to mention here is as follows:
When Indicies Crash then you should Short Gold on Retracement!
A strategy used by the big boys on the markets again and again.
Would you like to understand this concept better? Book a class with Steven, Josh, or Russell this week. Our Traders only spend 1 hour a day to talk to clients; hence, we have limited slots.
Depending on the time you book, our Traders will be in touch depending upon the trading session, i.e. London, New York or Asia.
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The European currencies have not had significant movement due to lack of news this week, but BOJO and Brexit can only call for short selling on the pound lets see if we can get some good price action as we believe Mark Carney shall be delivering a statement next week at some point. The Bank of Japan shall be giving a speech as well, so stay tuned for a classic addition of trader wars.
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Have an excellent week