Last week’s Federal Open Market Committee (FOMC) meeting caught many currency traders on the wrong side of the US dollar (USD) trade, and it cost them dearly! With the Fed’s exclusion of a small ...
On Friday all the 4 indices had a strong rebound off the oversold condition. This is significant not because of the magnitude of the rally, but the market breadth because the difference between the ...
Let’s adopt the Wyckoff method to determine if the strong rebound on last Friday marked the stock market bottom or a bull trap to suck in more retailers to catch the falling knife. On Friday all the 4 ...