Dow Dump Just the Beginning
Looking for any evidence that the market as a turning point? Look no further than the VIX index that tracks volatility in the S&P...
Asian Stocks Rebound after China GDP Figures Fuel Stimulus Bets
Asian markets rose on Tuesday, with Chinese stocks jumping by the most in two months after weaker than expected economic data raised the prospect...
Nikkei Declines Sharply as Yen, Commodities Weaken
Asian stocks were mostly down on Monday, while the Japanese yen weakened after China’s central bank bolstered its yuan fixing in an effort to stabilize...
USD/JPY Approaches One-Year Low amid Market Turmoil
Japanese yen’s status as a global safe-haven was bolstered Friday, pushing the USD/JPY to nearly one-year lows following another rout in the Chinese equities...
Trapped Traders®: Allocation in Safe Haven Currencies
Once again TradersDNA has the opportunity to share with its audience; Trapped Traders Trade of the Day Analysis.
Big theme for today is...
A fear surrounding the state of China’s economy pushes Oil to...
West Texas Intermediate crude oil broke below the $30 psychological support for the first time since winter 2003 due to oversupply in the market...
European Stocks Follow Wall Street Lower
European stocks plunged on Thursday after oil price volatility resulted in a sharp selloff on Wall Street the day before, a sign global economic...
Prodigy tradersdna: #EURUSD expected towards 1.0700
#NZDUSD, this has been a good moneymaker for our live trade room members this week. Selling opportunities have abounded as it has rallied into...
Markets Rise after Stronger than Expected Chinese Trade
Stock markets in Europe and Asia swung higher on Wednesday and oil prices also rebounded after better than expected Chinese trade figures eased concerns...
GBP/USD Touches 5-Year Lows on Weak Factory Data
GBP/USD plunged on Tuesday, falling to five-year lows on weak UK factory data and rising demand for the dollar in the wake of China’s...
Trapped Traders® Safe Haven Play: #NZDCHF Trigger Around 0.6580/0.6560 Levels
Today's trap in particular that we’re going to review is called the Trap Break Pullback, which occurred in the area 0.6645 to 0.6579 during...
Prodigy tradersdna: #NZDUSD Challenging the 100-period Simple Moving Average
Let’s review our Prodigy TradersDNA comments for #AUDUSD and #NZDUSD, where both currency pairs are rising into a couple of resistance zones that we...
Weekly Markets Update China Growth Fears Drags Oil Prices Lower for...
Ongoing concerns about China’s economic health pushed mainland stocks lower on Monday, while oil prices continued to plumb new lows amid heightened oversupply worries.
Oil...
tradersdna Weekend Overview: And Then We Trade…
“We are broke and don’t even know it ... we are having our cake, eating it at the same time and believing that a...
Trapped Traders®: #NFP, #USDCAD, #NZDUSD
Many years ago, there was a book called "The Rat Trap" written by a Swedish writer Selma Lagerlof. It's an interesting story that reads...
Oil Flooding International Markets Sends Prices Tumbling
Even though China has been stealing the show with the resurgence in volatility since the yearly reopening, the other major product that has been...
Prodigy tradersdna: Selling #AUDUSD weakness on Rallies into Resistance Zone
Yesterday, the suggestion was to buy the #USDCHF on dips into support. We’ve had two opportunities to see that happen over the past 24...
China Volatility Sends Global Markets Crashing
Global stock prices collapsed on Thursday and oil prices fell to their lowest level in more than a decade after renewed volatility in China...
US Stocks Plunge, Oil Falls to 11-Year Low
US stocks plunged on Wednesday, while oil prices crashed to new 11-year lows as disappointing Chinese economic data unleashed waves of volatility in the...
US Dollar Surges amid China Growth Woes
The US dollar traded higher against a basket of currencies on Tuesday, climbing for a seventh consecutive day amid renewed fears about a protracted...