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What indicators are these please?

No I don't. Surely, they don't exist because the industry offers the chance to either buy or short the major pairs? There's no point a firm offering USD/XXX and XXX/USD when they offer the service to buy or short USD/XXX. Surely you can do this via Oanda etc.? Yes, there will be some exotic...

How come you trade forex with a broker that doesn't allow shorting a major pair like USD/CAD? Is it a regulatory restriction?

I seriously doubt cryptocurrencies can ever be thought of as a long-term investment.

I've been using spreadbetting accounts since 2003 (I'm in the UK), SB is counted as a CFD by ESMA. I haven't found any impact on my long-term trading using SB since the ESMA measures came in. Alright, the account was already much larger than most SB punters' and perhaps costs have risen but the...

The measures are in place but it was only for a temporary trial period.

No surprise FCA want to keep the ESMA constraints, no argument from their point of view for relaxing them. Glad to be hearing about it before it happens though.

Actually, I've been thinking there are only two trading strategies - trend-following and reversals. So you either buy because price is rising, or you sell because price is rising. After this, the details are matters of timing (including pull-backs from trends) and finding the most recognisable...

Since I decided to stop working these holidays aren't quite what they used to be.........

This week, only 11 of the 26 forex majors ended with a trend-following performance. This has certainly hurt my unrealised profit figure, and I would definitely have ended the week better off if I had closed after the London session close last Friday, or any time before the London session open on...

Shame on the NYSE for closing to honour an ex-politician, no matter how high they climbed. No disrespect to Bush or any other ex-President intended, but really, wouldn't a minute's silence would have served the purpose?

Last week, 23 out of the 26 moved in line with their intermediate trends over the week. That is, most of the pairs with upwards sloping 50EMA's on 23/11 rose further last week, and most of the pairs with downwards sloping 50EMA's fell further. This is the highest "normality" score over the last...

I only ever trade via spreadbetting these days. Its cheap (not for long-term holdings over more than a few months) and tax-free (though almost no traders ever make enough profit to have to worry about tax). SB is looked down on by most experienced and big traders - they use Contracts for...

I would close all equity longs and index longs as soon as the index turns bearish. No exceptions. Then short the index as soon as a downtrend confirms. Actually, its more than possible I would run some equity shorts into a bear market as when the index is bullish, I would be long the index but...

I hope it goes well for you. One thing I have found is that trade entry signals are less important than good trend set-ups. Once you see a decent trend is confirming, any old signal to get in is acceptable. The clear picture of the features you need to see in order for the trend to be a trend is...

Yes but I'm in the UK and use spreadbetting to trade the index values themselves, long or short, with no time expiration necessary (though you can also spreadbet the futures). If I couldn't or didn't want to spreadbet, I could buy an index ETF which I hear is pretty much equivalent to buying all...

I'm in the UK so its easy for me, I can spreadbet the index values of the S&P, the Dow, FTSE100, DAX etc. etc. These are derivatives though I recognise not available in every jurisdiction. But there are alternatives like ETF's which will do the same thing: the more complicated derivatives like...

I used to own and trade shares but found betting on the index values themselves was much more reliable through lower volatility. I also found I disbelieve the diversity myth as told by salesmen. The object of a diverse portfolio is to smooth out the variations in asset price performance over...

Why? Perhaps they're not happy with being seen as irrelevant, they want to be up there alongside the great offices of state (which, I agree, they are not). Maybe they see a way to influence lawmakers and powers that be. Either way, their decision might be called self-serving, sacrimonious...

These market closures to respect the funeral of a former politician are BS. I think the only time it happened here in the UK was when Winston Churchill was granted a state funeral, as normally reserved for the royal family, but I think most people would find it hard to argue that he was an...