Monday, August 31, 2020

Reality stars blasted for promoting 'get-rich-quick' schemes - Daily Mail

Reality stars blasted for promoting 'get-rich-quick' schemes  Daily Mail

* This article was originally published here

Economic Data Calls for Sept 1, 2020

Here’s what we are looking for in tomorrow’s economic reports (Sept 1, 2020) — Good Luck Trading!

1. AU PMI Manufacturing (18:30 ET) Bearish AUD — Restrictions on Victoria could lead to weaker PMI

2. RBA Rate Decision (00:30 ET) No Trade — Rate decisions are best traded reactively

3. Germany’s Unemployment Report and GE / EZ PMI revisions (03:55 ET) Bearish EUR — Revisions to PMI are difficult to predict. PMIs show weaker job growth

4. UK PMI Manufacturing Revision (04:30 ET) No Trade — PMI revisions are hard to predict but can be market moving

5. EZ CPI (05:00 ET) Bearish EUR — Weaker GE CPI

6. US ISM Manufacturing (10:00 ET) Bearish USD — Weaker Philly Fed and Empire State



* This article was originally published here

USD/CAD nears Friday's low - ForexLive

USD/CAD nears Friday's low  ForexLive

* This article was originally published here

US stocks set for a small decline as a blockbuster month winds down - ForexLive

US stocks set for a small decline as a blockbuster month winds down  ForexLive

* This article was originally published here

Sunday Times reports the UK "plans for a £30bn tax raid on the wealthy" - ForexLive

Sunday Times reports the UK "plans for a £30bn tax raid on the wealthy"  ForexLive

* This article was originally published here

SNB total sight deposits we 28 August CHF 701.6 bn vs CHF 700.0 bn prior - ForexLive

SNB total sight deposits we 28 August CHF 701.6 bn vs CHF 700.0 bn prior  ForexLive

* This article was originally published here

Nikkei 2225 closes higher by 1.12% at 23,139.76 - ForexLive

Nikkei 2225 closes higher by 1.12% at 23,139.76  ForexLive

* This article was originally published here

Japan's Suga said to indicate that he will stand for LDP leadership election - ForexLive

Japan's Suga said to indicate that he will stand for LDP leadership election  ForexLive

* This article was originally published here

Sunday, August 30, 2020

10 trading tips you need to know for 2020 - ForexLive

10 trading tips you need to know for 2020  ForexLive

* This article was originally published here

What is the mid-market rate of USD (US Dollar) / JPY (Japanese Yen) on Sunday August 30, 2020 - Born2Invest

What is the mid-market rate of USD (US Dollar) / JPY (Japanese Yen) on Sunday August 30, 2020  Born2Invest

* This article was originally published here

Happy 90th birthday to Warren Buffett - ForexLive

Happy 90th birthday to Warren Buffett  ForexLive

* This article was originally published here

#381: Trading in Preparation for Retirement


Trading in Preparation for Retirement

Podcast:

#381: Trading in Preparation for Retirement

In this video:
00:27 – Preparing for retirement
01:23 – The traditional way has disappeared
02:07 – Recent examples
03:47 – Results from a client in Germany
04:39 – What can you do today to prepare for retirement?
05:30 – Contact me at andrew@theforextradingcoach.com

Are you looking to trade the Forex Market as a way to help you through retirement? Let’s talk about that and more right now.

Hey Forex traders, it’s Andrew Mitchem here, the owner of the Forex Trading Coach, with video and podcast number 381.

Preparing for retirement

I want to talk about helping people in retirement. And the reason I want to do that is I was amazed at the recent survey that I held recently with a number of people who replied back who are over 50 years old. And it got me thinking about why people want to trade and want to learn how to trade. Now, obviously, the traditional ways of earning money a number of years ago, you potentially could have funds in a saving account or even a retirement account. And obviously, those type of saving accounts have just crashed. Savings accounts, interest rates through banks, and traditional means are just not what they used to be and you cannot rely on them any longer. And the likelihood going forward, at least for the next five plus years, is the interest rates aren’t going to do a lot, regardless of where you live in the world.

The traditional way has disappeared

So, one of the traditional safe ways of having some funds and building up a retirement fund, have now gone. And for a lot of other people who are younger, then obviously property is potentially an option for some people. But as you get 50 and beyond, you either don’t want to take on that kind of debt, you may not be able to take on that kind of debt through the bank rules, or you may be at that stage where maybe you’re 60 or older and you’re thinking, “Well, property and making some money in property in maybe 10 years time isn’t what I need today. I need to make something today.” And that’s where we come back to the Forex Market.

Recent examples

Now, a couple of things I want to talk to you about is that… The first one is last night, I held a live two hour webinar, in fact it went for two and a half hours, with my clients like we hold each week. And on that, I invited a client of mine who’s been trading since 2014, called Michelle, who lives over in New South Wales in Australia. And she came on to the webinar and talked for about half an hour and just gave some amazing information, and I didn’t know it at the time, but Michelle is a retired nurse. I didn’t know her complete background, but she explained why she got into trading, and then she took a break, and then why she got back into it again, and how she’s now trading. But what Michelle’s doing, which was fascinating, is she is a believer of the philosophy that to become an expert at something, you need to do it at least 10,000 times.

And so, Michelle has some back testing software and she’s testing, going through almost like in real time but through back testing my strategy, looking at different candle patterns, plus of course ongoing she’s taking trades in real time. She said she was up to about 6,500 trades now of her 10,000 trade plan. But what it’s doing, it’s allowing her to trade, initially DMO, now live. But when she gets to that 10,000 and she’s consistently profitable and making really good money. She said in her own words, that she will be then happy to then trade live account as her income for retirement, and so that is an exceptionally good thing to do. And if you have a plan, it can be achieved.

Results from a client in Germany

Another thing I wanted to discuss with you, or talk to you about, is an email that I received here last Saturday morning, a client of mine over in Germany. And he said, “Andrew I finished this week very successfully, overall 4% profit on the four hour charts. And on the six, eight and 12 hour charts, I made another 3%. a total of 7% profit in the week.” So he said that having these hard timeframe charts is giving him a lot of trading opportunities. He’s very selective on the ones that he takes though. So you can see that with his result here of 7% in a week. Used to trade a lot of one hour charts and now has upgraded to the higher timeframe charts because of less trading time needed, higher probability charts, high reward to risk, etc.

What can you do today to prepare for retirement?

So blend all that together. What are you going to do? And how, if you’re at that situation where you may be starting to get towards thinking of the next five, next 10 years, or even you’re in retirement right now. What is it that you can do to help yourself learn to trade the Forex Market exactly like see that there from Germany, and Michelle who was on my webinar? What is it that you are going to do today to help start to get you to become profitable as a Forex trader? But to be able to do this by yourself so you can supplement your income, or supplement your retirement, or trade and travel when we’re allowed to travel again after this COVID’s finished, hopefully, or anything like that.

What is it that you’re going to do for that passive income using the Forex Market, but what are you doing about it today? That’s the important thing.

What can you do today to prepare for retirement?

If you need any help at all, with learning a proven, profitable, reliable strategy that doesn’t take very much time to trade per day. It has been traded by thousands of clients throughout 88 countries throughout the world. If you want to know how we do it, just drop me an email, andrew@theforextradingcoach.com. And I’ll see you this time next week with another video and podcast. Bye for now.

 

Episode Title: #381: Trading in Preparation for Retirement


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The 30 Minute Trader Trip

Watch how Andrew made a +12.79% gain on a live account during 4 weeks while trading for just 10-30 minutes a day while on holiday in the UK and France.

CLICK HERE TO ACCESS THE VIDEOS >>

The post #381: Trading in Preparation for Retirement appeared first on Online Forex Trading Course.



* This article was originally published here

Hold Forex Trades Through the Weekend, or Close Them? - TheStreet

Hold Forex Trades Through the Weekend, or Close Them?  TheStreet

* This article was originally published here

Grayscale, The World's Largest Bitcoin And Crypto Asset Manager, Has A Massive 'Premium' Problem - ForexTV.com

Grayscale, The World's Largest Bitcoin And Crypto Asset Manager, Has A Massive 'Premium' Problem  ForexTV.com

* This article was originally published here

Weekly Analysis - 31 Aug 20 to 4 Sept 20 Video.

Weekly Analysis - 31 Aug 20 to 4 Sept 20
Major From 31 aug 2020 Monday to 4 Sept 2020 Friday BUY AUDUSD - RBA Interest rate decision BUY ONLY FROM LOWER LEVEL as already in overbought condition + Retail Sales data = TP 0.7450 SELL GBPUSD - Manufacturing PMI data + Composite and PMI data + BoE Gov Baily Speech + Construction PMI data = TP 1.3250 SELL USDX - NFP data + Unemployment Rate + Initial Jobless claims, + ADP nfp data TP 91.0 SELL EURUSD German manufacturing Data + CPI YoY data TP 1.1800


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GBPAUD Approaching Support; Be aware of Bull Turn - ForexTV.com

GBPAUD Approaching Support; Be aware of Bull Turn  ForexTV.com

* This article was originally published here

Mutual Funds Weekly: These money and investing tips can help you through the stock market's worst month - ForexTV.com

Mutual Funds Weekly: These money and investing tips can help you through the stock market's worst month  ForexTV.com

* This article was originally published here

News matters more than ever: 8 ways to use it to get an edge in FX - ForexLive

News matters more than ever: 8 ways to use it to get an edge in FX  ForexLive

* This article was originally published here

Saturday, August 29, 2020

New Zealand stock exchange to resume trading at 0100GMT - ForexLive

New Zealand stock exchange to resume trading at 0100GMT  ForexLive

* This article was originally published here

What is the value of AUD (Australian Dollar) / USD (US Dollar) on Saturday August 29, 2020 - Born2Invest

What is the value of AUD (Australian Dollar) / USD (US Dollar) on Saturday August 29, 2020  Born2Invest

* This article was originally published here

Australian Dollar May Rise on RBA, Economic Outlook, Strong Risk Appetite - DailyFX

Australian Dollar May Rise on RBA, Economic Outlook, Strong Risk Appetite  DailyFX

* This article was originally published here

Do's and don'ts of trading forex - ForexLive

Do's and don'ts of trading forex  ForexLive

* This article was originally published here

RBNZ's Hawkesby: Our policy approach is in line with new Fed strategy - ForexLive

RBNZ's Hawkesby: Our policy approach is in line with new Fed strategy  ForexLive

* This article was originally published here

Major indices higher in early New York trading - ForexLive

Major indices higher in early New York trading  ForexLive

* This article was originally published here

MYFXBOOK and FXBLUE performances - ForexTrade1 Video.

MYFXBOOK and FXBLUE performances - ForexTrade1
MY FXBOOK and FX BLUE PERFORMANCE ALL MT4 ACCOUNT of CopyTrade Clients Check Live and Real-Time updated Performance Watch all accounts https://ift.tt/3luq2uh Verify Portfolio https://ift.tt/2wERlNZ For more detail Telegram Executive—» https://ift.tt/2xgjVBW https://ift.tt/2KW0HdB WhatsApp Executive— » http://bit.ly/ask-in-whatsapp Skype Executive—» forextrade01@outlook.com Call—» +44-208-133-0612


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The FINANCIAL - Forex trading: tips and trends to follow in 2020 - The FINANCIAL

The FINANCIAL - Forex trading: tips and trends to follow in 2020  The FINANCIAL

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A guide to trading signals - ForexLive

A guide to trading signals  ForexLive

* This article was originally published here

US President Trump stock tips - says smart people investing in stock market right now - ForexLive

US President Trump stock tips - says smart people investing in stock market right now  ForexLive

* This article was originally published here

Friday, August 28, 2020

What is the exchange rate of GBP (British Pound Sterling) / USD (US Dollar) on Friday August 28, 2020 - Born2Invest

What is the exchange rate of GBP (British Pound Sterling) / USD (US Dollar) on Friday August 28, 2020  Born2Invest

* This article was originally published here

AUD/USD on approach to its post-Powell pop high - ForexLive

AUD/USD on approach to its post-Powell pop high  ForexLive

* This article was originally published here

FXBLUE explained _ REAL ACCOUNT 52%/Month ROI Video.

FXBLUE explained _ REAL ACCOUNT 52%/Month ROI
VERIFY LIVE and REAL ACCOUNT https://ift.tt/2EM2NuY Client's Account NET PROFIT 31.5% in just 16 days Monthly ROI 52% USDCAD and USDCHF opportunity Traded https://ift.tt/3hCqEvx Check all live performances https://ift.tt/3luxvcA Get SAME trade copied to your account


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Japan's Abe: I have decided to step down as prime minister - ForexLive

Japan's Abe: I have decided to step down as prime minister  ForexLive

* This article was originally published here

How Much Do You Need to Start Trading Forex? • Benzinga - Benzinga

How Much Do You Need to Start Trading Forex? • Benzinga  Benzinga

* This article was originally published here

Japan's SBI Holdings to launch crypto-based CFDs - Digital Market News

Japan's SBI Holdings to launch crypto-based CFDs  Digital Market News

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A Perfect Storm For A Stock Market Rally But For How Much Longer?

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