Merlin Rothfeld
Online Trading Academy
Tillie Allison joins Merlin from Kansas City, where she is sitting in on an options class with Steve Moses. While normally Tillie is in the teaching spot, she decided to refine her skills in options trading by sitting in with an options master! Even great traders take classes! Tillie and Merlin take a look at several market including the S&P, Bonds, Commodities and Currencies!
This content is intended to provide educational information only. This information should not be construed as individual or customized legal, tax, financial or investment services. As each individual's situation is unique, a qualified professional should be consulted before making legal, tax, financial and investment decisions. The educational information provided in this article does not comprise any course or a part of any course that may be used as an educational credit for any certification purpose and will not prepare any User to be accredited for any licenses in any industry and will not prepare any User to get a job. Reproduced by permission from OTAcademy.com click here for Terms of Use: https://www.otacademy.com/about/terms
Editors’ Picks
EUR/USD rises to near 1.0550 after rebounding from yearly lows
EUR/USD rebounds to near 1.0550 in the European session on Friday, snapping its five-day losing streak. The renewed upside is mainly lined to a oause in the US Dollar rally, as traders look to the topt-tier US Retail Sales data for a fresh boost. ECB- and Fedspeak also eyed.
GBP/USD clings to recovery gains above 1.2650 after UK data
GBP/USD clings to recovery gains above 1.2650 in European trading on Friday. The mixed UK GDP and industrial data fail to deter Pound Sterling buyers as the US Dollar takes a breather ahead of Retail Sales and Fedspeak.
Japanese Yen holds gains as US Dollar loses ground ahead of Retail Sales
The Japanese Yen appreciates as the US Dollar corrects downwards ahead of Retail Sales data. Japan’s GDP annualized growth for Q3 was 0.9%, slowing down from the 2.2% growth recorded in Q2. Japan’s Kato stated that he would take appropriate action to address excessive fluctuations in foreign exchange rates.
Editors’ Picks
GBP/USD clings to recovery gains above 1.2650 after UK data
GBP/USD clings to recovery gains above 1.2650 in European trading on Friday. The mixed UK GDP and industrial data fail to deter Pound Sterling buyers as the US Dollar takes a breather ahead of Retail Sales and Fedspeak.
EUR/USD rises to near 1.0550 after rebounding from yearly lows
EUR/USD rebounds to near 1.0550 in the European session on Friday, snapping its five-day losing streak. The renewed upside is mainly lined to a oause in the US Dollar rally, as traders look to the topt-tier US Retail Sales data for a fresh boost. ECB- and Fedspeak also eyed.
Gold defends key $2,545 support; what’s next?
Gold price is looking to build on the previous rebound early Friday in search of a fresh impetus amid persistent US Dollar buying and mixed activity data from China.
Bitcoin to 100k or pullback to 78k?
Bitcoin and Ethereum showed a modest recovery on Friday following Thursday's downturn, yet momentum indicators suggest continuing the decline as signs of bull exhaustion emerge. Ripple is approaching a key resistance level, with a potential rejection likely leading to a decline ahead.
Trump vs CPI
US CPI for October was exactly in line with expectations. The headline rate of CPI rose to 2.6% YoY from 2.4% YoY in September. The core rate remained steady at 3.3%. The detail of the report shows that the shelter index rose by 0.4% on the month, which accounted for 50% of the increase in all items on a monthly basis.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.