BusinezzTime ©

BusinezzTime ©

maandag 10 augustus 2015

15. NFP impact

Dear fellow traders,

The impact of the NFP was not as big as expected. With the forecast and the actual rate, the currencies have not responded very volatile.

Using the site of Fxpro for our indication of the markets movement: http://www.fxpro.co.uk/trading/accounts/trader-dashboard we saw that the volatility meter flew up like a bird. We recommend all traders to use this dashboard in this market.

The FxPro dashboard gives you information about:


  • currency movers
  • client positions
  • market hours
  • volume of the actual positions 
  • position of the trades
  • the volatility 
  • trades per time (very useful) 
So what's next? The markets is still in the same range and we didn't change our direction. This means that we are still in the same boring trading range, as in the last few weeks... be aware that anything at the moment could change this direction so keep your positions small, quick and effective with a tight stop loss. 

Which mover would be good to invest in?
At the moment the european stock markets are a good deal. The economy is recovering and the sentiment of traders is getting better. Also the holiday weeks are over which means that professionals and companies are also going to trade again. 

We will keep you up to date, have a good trading week ahead!

BusinezzTime

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