PUBLIC MARKS with tags forex & finance

ETFs retain the valuation feature of a unit trust, which can be purchased/redeemed at the end of each day for its net value - but you’re not limited to trading at the close price. An ETF is continually priced through market trading hours and so intra-day trading becomes possible. (Not something that ever went on with unit trusts or mutual funds).

CFDs are to be avoided, on stocks, equities, anything and everything - it’s one small step away from spread betting and if you want to end up like those dumbasses who spreadbet on the FTSE opening every morning, fine, go ahead…

It’s easy to include add-ons into MetaTrader - indicators, expert advisors (EAs), and other scripts, customising it to your particular requirements

Thursday will have a similar deal - the European Central Bank (ECB) and the Bank of England announce their interest rates. The ECB is forecast - only forecast - to keep things the same, resisting any pressure to cut - which the larger members of the EU, France, Germany, would prefer - but others, Portugal, for example are dead against it.

The first 2 letters of the code are the ISO 2-character country code and the third is (usually) the initial of the currency itself.

The simple fact is, jaded, fatigued, your decision-making is not going to be better. There’s no argument against that.

What of the rumors? Rumors that, faced with a currency dropping like a stone, a lot of previous policy statements are going to be junked and the United Kingdom might make a relatively rapid emergency dive into the Eurozone.

Definitions of the Marubozu can vary…The majority view seems to be that marubozu = a candlestick with no upper or lower shadows. Some will use the term to describe a candlestick with one shadow, usually trailing the trend direction, so that an open (bullish) candle will have a lower shadow and conversely a bearish has an upper shadow.

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