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Profiting from the Trend Magic Indicator (2019)

Profiting from the Trend Magic Indicator (2019)

  Hey Fortune Hunters.  We were getting ready to do a YouTube video on an indicator called Trend Magic.  It pops up all the time in search results as being a helpful indicator for trend following and momentum trading – and it’s really easy to use. If you don’t...

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USD.JPY Flash Crash

USD.JPY Flash Crash

Tonight after the stock market closing bell, Apple surprisingly announced that its revenue and earnings estimates for 2019 had been dramatically reduced.  The company stated that at least some of the trouble was related to a slowdown in the Chinese economy -- plus...

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What? No Rate Hike?

What? No Rate Hike?

  On Wednesday, December 19th, the Federal Reserve will announce whether it will increase interest rates one more time in 2018.  For several months, the Fed has forecast multiple hikes this year as the economy continued to improve and as the need for a modest...

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Fundamental Announcements

Fundamental Announcements

In a previous post, we stated that interest rate policy decisions by a country’s central bank are the most important factors in a currency’s valuation.  But central banks don't release information about where they are headed with policy every day – or even every...

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Brexit is Bananas

Brexit is Bananas

After months of wrangling between Prime Minister Theresa May's negotiating team and the European Union, a vote on the Brexit plan was due in Britain's parliament tomorrow.  When it was clear that even May's own party would refuse to back the plan, she postponed the...

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Using the Crosshair Cursor

Using the Crosshair Cursor

There is a great feature included with Metatrader that you may not have discovered.  It’s extremely convenient and one that a number of other platforms do not offer.  Using the crosshair cursor, it is easy to measure the distance in pips from one price level on a...

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