Sentences with phrase «driven day traders»
Event - driven day traders may buy and sell securities that experience event - driven movements, such as negative earnings releases, new product releases, or other market moving news.
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The final thing to say is that those «officials» should pay closer attention to what the Bank of Canada actually says, and less to the over-interpretation of those words by the currency traders who have driven the Canadian dollar to 80 U.S. cents in recent days, a 10 - percent increase since May.
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That day, traders piled into the stock, driving its price 22 % higher on volume spike that was nearly 500 % greater than average (highlighted by the pink ellipse on the chart below).
For example, many day traders are focused on trading e-minis with a focus on either economic event - driven moves — such as GDP releases or FOMC minutes — or purely technical trading using chart setups or indicators.
Blue chip stocks, like Apple Inc. (NASDAQ: AAPL) or Google Inc. (NASDAQ: GOOG), have become very popular among day traders given the high level of liquidity and event - driven volatility.
So, aspiring EUR / JPY day traders will need to look at these underlying forces that drive the strength of the yen.
Switched on GBP / JPY day traders should look for the driving forces behind the currencies they're interested in.
The differences faced by traders are similar to the way driving on the freeway at different times of the day...
The Wall Street Journal reported four days ago that the bitcoin rally was being driven by traders arbitraging the cryptocurrency and units of the Bitcoin Investment Trust (GBTC), which is publicly traded.