The last days both yen and Nikkei has gone south - when foreigners sells Japan stocks, they also sell yen. And when the oil price goes north, both Nikkei and yen goes south.
Scalpers Out there!!!! What is the best timescale that should be used when scalping? I tend to use the the 10 or even the 5 minute chart to enter a trade. Can the Baruch strategy be used on a small time table? i.e. 10 minute chart? Scalpers, what is the average length of time we should remain in a trade? Appreciate your help. Thanks
what page of this 195 page thread is baruchs strategy? or what other basic strategy do you guys know of? not scalping, maybe for a swing trade. i'm new at this.
No big news today - I suppose: 9.00 GMT: EMU March Industrial Production. But we already know that production in Germany and Italy was down but up in France and Spain. 10.00 GMT: Bundesbank montly report for May. 12,30 GMT: NY FED Mnuf. Survey: Consensus: 35. Prior: 36. Consensus range: 27,5-36,8. Well, the last number was very high, so most think this one will be lower. 13.00 GMT: Market Capital Flow Data from U.S. Treasury. Could be a surprise. Who knows?