Crude Oil Observations with Volume, COT and US Dollar.

Today, we shall begin by looking at the Commitments of Traders Report. According to the COT report as indicated in the chart below, the Managed Money section were bet sellers of 15,892 contracts of WTI crude oil. This include NYMEX, ICE and Options. These had a selling of 13,210 contracts and a vast liquidation of…

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EUR/USD Declines After The US Services Data Trys to Restore

EUR/USD traded lower yesterday as the positive announcements about the US services sector assisted the dollar against the euro. Up until now, the currency pair was trying to regain as not all of the US data was satisfactory. The trade balance, for instance, declined more than forecasts had anticipated. Trade balance arrears were $47.1 billion in February, raise $1.2 billion from $45.9 billion in January, adjusted. That is in…

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Learn Why You are Not Picking Winning Trades And 5 Simple Steps To Resolve It.

Wondering how to pick winning trades? Or maybe you want to improve your trading performance. Making money is not a magic event. You need a financial management plan that will enable you to contain your losses under a dollar level that you feel comfortable with. This article consists of five steps which if followed keenly…

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Learn Why Swing Trading offers the Best Chance to Succeed.

Does trading appear frustrating and difficult to you? Worry not, you are not alone. The truth is, if you don’t approach the market from the right angle, everything will fade away quickly and you will keep losing your hard-earned money. The chieftain secret to successful trading is focusing on the 3 M’s which are; Method,…

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