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Largest sources of Financial, Business & Political news?
Started Feb 27, 2019|Trading Discussion|0 replies
Hello all, Just a quick survey if you like. I am creating a news based strategy that goes by ...
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CannonScout replied Feb 27, 2019Hey guys, would really appreciate if you could quickly name the largest most well known finance, business and political news sources in your respective countries? Just using it for an amalgamated numbers based news system. Thanks!
News trading discussion - continuation
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CannonScout replied Feb 27, 2019For FOREX, usually one the big six currency pairs. Or any mixture thereof. There are a lot of exotics but at times their spreads are unreasonable and their price action is less fluid. But as for specific choice just find out where the money is. For ...
best pair to trade on forex market
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CannonScout replied Feb 27, 2019Personally, really understanding the markets you trade in. Instead of just viewing numbers try to delve in the actual market structure, it's participants, how the product works and so on. It adds another dimension that just really helps when ...
What helped you the most?
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CannonScout replied Feb 27, 2019Hey Guys, Weird question, but I'm a developing a kind of large database for news analysis and their effect on price-action. But I'm specifically filtering the platforms/coorporations that distribute the news. Based on numbers sold and viewership. In ...
Cesarnc's market talk, gossips, rumours & fun
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CannonScout replied Feb 27, 2019The misconception that borderline illegal advertising has created is that trading is easy. "Open account, read book and trade today!!!" To actually be worthwhile takes an extraordinary amount of time, effort, blood, sweat, tears and let's not kid ...
No skill in trading!
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CannonScout replied Feb 27, 2019Ahh get it. Nice man. As a long-termer, I'm just waiting it out. Believe it can go to the 112 area but want a better price. There is buying pressure that's for sure. Just pick up the good buy areas and watch out for the s-hunters.
USD/JPY Discussion
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CannonScout replied Feb 27, 2019If they're selling Yen, why would it be below 100?
USD/JPY Discussion
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CannonScout replied Feb 22, 2019Personally, I find those charts too in favour of current/recent price action. Those trendlines seem rather arbitrary to me and and not very accurate on the past price data. I would redraw them more horizontally myself. Just my critique though, I'm ...
USD/JPY Discussion
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CannonScout replied Feb 21, 2019Way Early to tell. And a lot of uncertainty, but I would love to buy on March 11th. If all goes according to plan I wouldn't mind seeing a move up to 112 or slightly beyond. Happy trading.
USD/JPY Discussion
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CannonScout commented Feb 19, 2019They've been saying this for ages. Flip a coin enough times and you'll be correct eventually.
US Dollar - Past its Prime?
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CannonScout replied Feb 18, 2019Strong Correlation on E/U & U/J Honestly, just expect a range for awhile. Nothing too exciting. I think BOJ should personally apologise and refund your losses.
USD/JPY Discussion
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CannonScout replied Feb 14, 2019True. Agree with that. I'm becoming more solely-technical myself, except for stocks. Although I don't believe that sideways means nothings. Lets remember that the majority of this market-activity (Forex) is just firms/countries/individuals doing ...
Cesarnc's market talk, gossips, rumours & fun
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CannonScout replied Feb 13, 2019So different mediums for identical information? That information being market sentiment.
Cesarnc's market talk, gossips, rumours & fun
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CannonScout replied Feb 12, 2019Another realisation: 'You've got to block any unnecessary noise.' Like, how useful is news really? All commentary and that. It's fucking useless, second-hand news. My biggest discovery was that technical movements can be predicted interchangeably ...
Cesarnc's market talk, gossips, rumours & fun
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CannonScout replied Feb 4, 2019Honestly, I've found that although technicals can be considered independent of news, they often react interchangeably. In other words, I've witnessed price react to news events exactly as I predicted using just technicals. While also personally ...
EURUSD
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CannonScout replied Jan 31, 2019Markets are unreasonable. So I disagree with that strategy. Although I do believe it will slowly downtrend till under 1000 for a BTC, hysteria could drop at any moment. Unlimited risk if shorting Crypto.
What about Bitcoin... :)
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CannonScout replied Jan 29, 2019Everything I agree with. There's a strange belief that because an item is finite, it somehow has value. 1966 typewriters have a finite number available, and they're not valuable.
What about Bitcoin... :)