|Introduction of the trading day in the CFDs|
|So you trade successfully daily , often there is an element are usually neglected , but very vital element , and is named after determining special win vs. a loss, and also known as the proportion of risk versus reward . Mentally , the trader should decide firmly daily the importance of creating trading opportunities in today and which will have a minimum yield of 1.5-2 times the size of the risk .|
|Forex exit strategies: a summary|
|With the help of a stop loss order a trader can limit his loss in advance. This stop loss order is placed at the time of trade and allows a trader to sell his security at a certain point, so that, much financial loss as well as emotional stress can be avoided.|
Crude oil fell by 1.96 at the end of the week at 82.86. And the unexpected decline in interest rates announced by the People's Bank of China to the markets, and also gave them a shutter, as investors began to worry that the economic slowdown in China, which was worse than expected. This is the first cut since 2008.
The US Dollar achieved a wonderful week, at the expense of European concerns to reach levels not seen since mid-March. Will we see a patch with the release of many of the numbers in the United States? Or is the European news continues to push the dollar higher? Retail sales in the United States, the Philadelphia Fed Manufacturing Index, and the minutes of the FOMC meeting are the main drivers of the market this week. We have a look at the major events that lie ahead.
The euro rose to its highest level in three weeks against the U.S. dollar on Friday backed a successful auction in Italian government bonds, while renewed expectations of further measures to ease by the Federal Reserve, which significantly affects the dollar.
Australian dollar climbed to its highest level in five weeks against its U.S. counterpart on Friday after disappointing data on growth in the United States during the first quarter as well as expectations that the Federal Reserve has implemented a new mitigation measures.
The dollar continues to rise against the Canadian dollar approaching USD / CAD parity once again at the beginning of the New York session, with the assistance of the U.S. payroll that is lower than expected on Friday and more likely to risk.
The Sterling pound is still trading lower against the U.S Dollar today, with the pair descending from 1.6040 to break below 1.6000 level and reach intra-day minimum at 1.5955. The currency pair is now pricing at 1.5960, declining 0.40% so far today since the opening price action.