Given the magnitude of the event and after all the headlines, Trump is still deciding which way to go
NAS100 4 HOUR –A ways to go…
NAS100 has a ways to go to suggest a low is in (above 19815-2005) following the bounce from 18793 (new low).
Market will now be in a wait-and see mode waiting for the tariff details to be revealed.
As noted in the US500 post
Meanwhile, it is not clear how much of the stock rebound came from month/quarter end portfolio rebalancing.
While April 2 isa the focus of global marketsa attention, how stocks end the week will be the key to what may lie ahead.
US500 4 HOUR = A reprieve but for how long?
Break of the March low to below 5500 (low 5488) did not last long… this makes 5500 the major pivotal level on the downside.
To suggest the low is in, the trendline and then 5700-32+ would need to be broken.
Meanwhile, it is not clear how much of the stock rebound came from month/quarter end portfolio rebalancing.
While April 2 isa the focus of global marketsa attention, how stocks end the week will be the key to what may lie ahead.
XAUUSD 4 HOUR CHART – Watch the high
The surge to another record high (3028) wipes the deck clean do use this level as the closest key resistance.
As noted, there is reason to guess at a top so if I had to try, I would put 3150 and 3200 I would put on the radar.
On the downside, 3100 needxs to hold to keep an uber bid… only below 3057-65 would argue that a top is in.
Trump to Unveil Reciprocal Tariffs at Rose Garden Event
By Brian Schwartz, Reporter – WSJ
President Trump plans to announce reciprocal tariffs during a Wednesday event at the White House Rose Garden.
The event will include members of his cabinet and would be the first Rose Garden event of his presidency, White House press secretary Karoline Leavitt told reporters. Leavitt said the president would not be deterred by the market reaction to his proposals. “The president has always said that the stock market is a snapshot of a moment in time and that he’s doing what’s best for Main Street and Wall Street will work out just fine,” she said.
OnlineBroker.Fr is the best resource for French language information on the best online trading platforms and crypto exchanges in France.
https://www.onlinebroker.fr
If you are just starting out with forex trading and you are still searching for an online trading platform to go with, then check out the top online trading platforms in review by business 24-7 Forex traders may find daytrading.com a powerful resource. In addition to the broker comparison tables, it also provides insight and strategy on short term, intraday forex trades.
You may find this useful U.K. Investors may find investing.co.uk a useful resource. In addition to the broker comparisons table, the site also provides detailed reviews, bonus information and strategy articles.
Current and potential Scandinavian currency traders will likely enjoy Valutahandel.se , a website about forex trading in Sweden.
Forex Forum & Blog is the place where traders can exchange their Ideas, give Trading Tips and Discuss their Trading Ideas.
Forex Forum & Blog
What is Risk Management in Trading – Forex Forum
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader.
We’ll also look at some common mistakes that traders make when it comes to managing their risks. After all, if you’re not managing risk appropriately, you’re just a gambler. So if you’re ready to learn more about risk management, read on!
What is Risk Management in Trading?
Risk management is the process of assessing, controlling, and managing risk within a trading portfolio. This involves defining trading goals and understanding potential losses that could occur as part of the trading process.
It also includes identifying potential risks, such as market volatility or sudden changes in the market, understanding how these risks can affect your profits, and taking steps to limit potential losses.
In general, risk management should be a priority for all traders. By properly managing your risks and using effective strategies, you can minimize potential losses and increase the chances of making successful trades.
Common Mistakes When Managing Risk in Trading
Unfortunately, many traders make mistakes when it comes to managing their risks. Here are some of the most common mistakes that traders make when it comes to risk management:
Not Setting a Trading Plan:
Many traders don’t have a detailed trading plan, which is a key component of risk management. Without a trading plan, traders are more likely to take risks that could have otherwise been avoided. It’s important to establish clear trading goals and a plan for how to reach those goals.
Not Understanding Risk:
Many traders fail to understand the risks associated with certain trades, which can lead to serious losses if they don’t take the time to research and understand the risks involved. It’s important to have a thorough understanding of the markets you’re trading in before taking any risks.
Not Taking Advantage of Stop Losses:
Stop losses are an essential component of risk management, as they help to limit potential losses in the event of a market downturn or sudden changes in the market. However, many traders don’t take advantage of stop losses and end up taking larger risks than necessary.
Over-Trading:
Over-trading is a common mistake made by many traders. This involves taking too many trades, which can lead to losses if the market turns against you. Look, all traders love the price action. It’s exciting to take a position and watch your P/L go up and down. But don’t become addicted to the price action for the sake of just having a position. It’s important to only take trades when the setup is right and avoid over trading.
Not Diversifying Risk:
Diversification is another important part of risk management. By diversifying your trades, you can spread out risk and limit potential losses if the market turns against you.
Risk management is a critical factor in success when trading in the markets. It involves understanding and controlling what could potentially impact your trades and actively analyzing scenarios that may occur.
Without proper risk management, traders are leaving themselves vulnerable to potential losses which could be catastrophic for their investments.
Good risk management also allows traders to effectively assess opportunities and make better decisions that take into account volatility or leading indicators of future market performance.
Simply put, risk management can provide peace of mind so traders can enjoy the highs of profitable investments while minimizing losses when markets start to dip.
Common risk management strategies used by traders include setting stop-loss orders, limiting capital exposure, and diversifying investments to minimize volatility.
Another essential approach for traders is to set predetermined targets for both profits and losses to help stabilize your exposure. To further limit potential losses and maximize gains, traders should always be aware of economic news and other world events that might affect the market.
Implementing effective risk management into your trading plan is incredibly important for successful and profitable trading. It can help you to control the amount of draws you take in any given trade, and it can also protect against large losses which could potentially wipe out your entire trading account.
A good risk management plan should include determining the amount of capital at risk on each trade, setting predetermined stop-losses to limit downside exposure, and having a strict, disciplined approach towards minimizing losses:
never increasing position size
never risking more than you are comfortable with, and always controlling potential risk-reward ratios.
Taking the time to set up a comprehensive yet flexible risk management plan will put you in a better position when it comes to positive returns in the long run.
Risk management is an important part of trading. It allows you to trade with less stress and more confidence. There are many different risk management strategies, so it is important to find one that fits your trading style.
Proper risk management can help you make money in the long run by preserving your capital and preventing you from making careless mistakes.
Forex Forum & Blog
© 2024 Global View