A Fresh USDJPY Update from the Savvy Trader The following is a fresh USDJPY update from a long time, highly respected Global-View member who I nicknamed the Savvy Trader after he called the top at USDJPY...
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Tag: commodities
Prop Trading and the Dreaded “Relative Drawdown” One of the biggest reasons traders fail prop firm evaluations is not understanding how relative drawdowns and high-water marks work. They don’t realize they could be a profitable trader and...
1. WHAT IS INVOLVED IN THE EVALUATION AND THE TRADING RULES? Almost without exception, prop firms require traders to undergo an assessment from the outset. These evaluations give the trader a chance to prove themselves worthy of...
Newsquawk.com Week Ahead 22nd-26th April: SAT: Bitcoin Halving Event (estimate) MON: PBoC LPR, US National Activity Index (Mar), South Korean PPI Growth (Mar) TUE: EZ/UK/US Flash Manufacturing PMI (Apr), US Richmond Fed (Apr), NBH Announcement, New ZealandTrade Balance...
Every trader has looked for useful ways to find the perfect support and resistance levels. They want to get to a place where they can identify the perfect support and resistance levels for the various markets that...
Rumors have been swirling through the prop industry for weeks the TFT has been in trouble. Now it seems that another one has shut down. This is the second notable prop firm that has shut down, the...