There is a lot of anticipation today about the U.S. House of Congress election and partial elections to the Senate (the “Midterms”),
The U.S.A. goes to the polls this Tuesday as all the seats in the House of Representatives, and slightly more than one third of the seats in the U.S. Senate (the upper House of Congress) are up for election.
There has been a pretty big, though not truly huge, turnaround in the Forex market over the last day.
I’m back, although there is some activity in the Forex market with quite clearly bearish long-term trends in both the EUR/USD and GBP/USD currency pairs.
Last Thursday most of us in the U.S. stock market were rocked by the large daily falls which took place last Wednesday and Thursday.
Yesterday saw the primary U.S. stock market index (the S&P 500) fall by its largest 1-day drop since February earlier this year.
In my previous piece, I wrote about a long-term trading strategy which has performed very profitably on the monthly time frame and promised some more details. Here they are.
I wrote a little last Thursday about how most Forex traders won’t consider trading the higher time frames.