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  • The US Conference Board Consumer Confidence Index Weakened Significantly in April

    From prnewswire.com

    The Conference Board Consumer Confidence Index® deteriorated further in April, following a sharp decline in March. The Index now stands at 86.9 (1985=100), down from 118.8 in March. The Present Situation Index – based on consumers' assessment of current business and labor market conditions – also declined considerably, from 166.7 to 76.4. However, the Expectations Index – based on consumers' short-term outlook for income, business and labor market conditions – improved from 86.8 in March to 93.8 this month. "Consumer confidence weakened significantly in April, driven by a severe deterioration in current ... (full story)

  • #1
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  • Apr 28, 2020 10:15am Apr 28, 2020 10:15am
very bad ,and Stocks up !!!
  • #2
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  • Apr 28, 2020 10:39am Apr 28, 2020 10:39am
sell #DXY
  • #3
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  • Apr 28, 2020 10:39am Apr 28, 2020 10:39am
BUYING #XAU
  • #4
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  • Apr 28, 2020 10:59am Apr 28, 2020 10:59am
We're in for one big fall guys..
Blowing smoke up an elephants arse wont make him lighter than air for long..

Warning: A Dangerous Subversive: 1% of comments CoCed
  • #5
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  • Apr 28, 2020 11:18am Apr 28, 2020 11:18am
so usd pair is should be shooting down right
  • #6
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  • Apr 28, 2020 12:00pm Apr 28, 2020 12:00pm
Quoting murphy.ricki
so usd pair is should be shooting down right
if it was that simple
  • #7
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  • Apr 28, 2020 12:03pm Apr 28, 2020 12:03pm
Quoting murphy.ricki
so usd pair is should be shooting down right
Hi and welcome!

It depends on which side of the slash is the other currency printed.
For example AUD/USD should go up, while USD/JPY should go down.
Unfortunately sometimes the event is already priced in which suppresses the effect of the news or even it reverses the effect.

A lot to learn mate. Buckle up 😊🍻
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
  • #8
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  • Apr 28, 2020 12:17pm Apr 28, 2020 12:17pm
Quoting NotAtrader
{quote} Hi and welcome! It depends on which side of the slash is the other currency printed. For example AUD/USD should go up, while USD/JPY should go down. Unfortunately sometimes the event is already priced in which suppresses the effect of the news or even it reverses the effect. A lot to learn mate. Buckle up
thanks im trying to learn how to trade based off the news thank you
  • #9
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  • Apr 28, 2020 12:24pm Apr 28, 2020 12:24pm
yeah same here the trade really reversed...am currently loosing my profit
  • #10
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  • Apr 28, 2020 12:35pm Apr 28, 2020 12:35pm
Quoting NotAtrader
{quote} Hi and welcome! It depends on which side of the slash is the other currency printed. For example AUD/USD should go up, while USD/JPY should go down. Unfortunately sometimes the event is already priced in which suppresses the effect of the news or even it reverses the effect. A lot to learn mate. Buckle up
so how do we learn how to rightly using both the news and technical analyses
  • #11
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  • Apr 28, 2020 1:09pm Apr 28, 2020 1:09pm
Quoting oaleyevictor
{quote} so how do we learn how to rightly using both the news and technical analyses
Oh boy Ahm ... do you have like three months time to listen to me? I mean that’s the minim time I need to explain some basics to you. Man it’s impossible to transfer this kind of knowledge with couple of words. The internet is full of good and of course bad lessons. You just have to start somewhere and as soon as you begin to understand, you’ll begin to make your own conclusions.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
  • #12
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  • Apr 28, 2020 2:02pm Apr 28, 2020 2:02pm
Quoting RossEdwards
We're in for one big fall guys.. Blowing smoke up an elephants arse wont make him lighter than air for long..
Carpe Diem
  • #13
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  • Apr 28, 2020 2:34pm Apr 28, 2020 2:34pm
Quoting murphy.ricki
{quote} thanks im trying to learn how to trade based off the news thank you
If you are new to trading then I would not recommend trading the news. The news are out way before you get it and if the news are as expected it may already be priced in and you will not see the move/direction you were expecting. Instead, lead the dust settle and give the markets time to find its direction and try to catch that direction.
  • #14
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  • Apr 29, 2020 4:23am Apr 29, 2020 4:23am
Quoting NotAtrader
{quote} Oh boy Ahm ... do you have like three months time to listen to me? I mean that’s the minim time I need to explain some basics to you. Man it’s impossible to transfer this kind of knowledge with couple of words. The internet is full of good and of course bad lessons. You just have to start somewhere and as soon as you begin to understand, you’ll begin to make your own conclusions.
yeah..lets do it
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