Thursday Forex Traders Money Market Update. 11th October 2018 #forex #money #market

Thursday Forex Traders Money Market Update. 11th October 2018 #forex #money #market



Thursday Forex Traders Money Market Update. 11th October 2018

Thursday Forex Traders Money Market Update. 11th October 2018

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US stock markets plunged on Wednesday with the Dow Jones having its biggest one day fall since February this year dropping over 800 points during trading hours but technically falling over 1000 points or close to 4% in one day. Why? For the very reasons I’ve been sharing with you for the past number of days and weeks. US interest rates are rising, stock markets are at all time highs and the US 10 Year Treasury Yield hitting 3.24% is an extremely attractive investment. Pure and simple traders are selling off some of the stock their stock portfolios to protect risk and the pull back we are seeing is normal, it’s part of the cycle of financial markets and it has been expected for some time. Will it continue? The probability is yes and it would be extremely rare for the Asian and European trading sessions to buck the trend today. What we will likely see is more selling in the coming 24 hours and in today’s daily video update I share with you some key technical levels on the major stock indexes and currency crosses to keep an eye on. DO NOT fall in love with the market going down and overload on positions as right now is when novice traders lose fortunes. Sure, most of us have made some money and that’s great but I have learnt over many years that the moment you fall in love with your own thinking you are screwed. Chip away, manage risk appropriately and remain clear, calm and decisive. #investing #wealth #finance #makemoney #moneymarkets #trading #trader #fxtrading #forex #forextrading #forexsignals #currencytrader #fxtrader #fxsignals #dreamjob #forexcoach #selfmade #profit #sunrise #bitcoin #cryptocurrency #disciplineequalsfreedom



2 Comments
  • bhupinder singh
    Posted at 00:28h, 11 October

    sir, great review.
    gbp and eur going up aagianst dollar due to dax and uk 100 is down.
    there earning came from overseas .
    if market down, gbp, eur always move up

  • Jeff Somerville
    Posted at 23:44h, 10 October

    love the way you say it straight to the point

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