Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MORE
Lawrence's Comment Recap Tricky week indeed. Dow opened above Y+1 invalidated the normal pullback scenario. Y+1 acting as support since and eventually led to end of week rally to close at month ...READ MORELawrence's Comment Recap Reduced range drifting. Closed above Y+1 and midpoint. Outlook As mentioned last week, a potential long term bottom in the making. The up drift last week is giving this pair more ...READ MORELawrence's Comment Recap The critical support level failed and slided towards my target. Picture perfect FBO on weekly and monthly level. Closed the week below Y-2. Outlook If Y-3 is tagged early ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – Europe Indices 2018-4-13AUDUSD Jan 02 to Jan 06 OutlookDow 30 Jun 02 to Jun 06 OutlookUSDCAD Apr 21 to Apr 25 OutlookEURUSD Apr 09 to Apr 13 OutlookPrecog Vision – Forex 2023-4-28Precog Vision – Asia Indices 2014-2-25USDJPY Aug 05 to Aug 09 OutlookPrecog Vision – Asia Indices 2014-6-16Precog Vision – Europe Indices 2019-9-19
As Featured In
European Financial Transaction Tax Is Coming
As reported by Reuters, EU has a tax on trading on the table.
http://www.reuters.com/article/2013/02/14/us-eu-transactiontax-idUSBRE91D0KH20130214
Although they said the tax is only applicable to the financial instruments traded in Europe only, and that forex is not part of the plan, you never know how such thing will evolve to.
What I am saying is that if you trade European instruments, or that you have brokerage account with some European brokerages, forex or not, you have to monitor the progress of this matter closely. The tax that they are going to impose, no matter how small, will destroy the liquidity of those markets.
Share