Sentences with phrase «market price action against»

With no business interest in the price, the speculator will take a profit or loss purely on the basis of market price action against his futures position in gold.

Not exact matches

(New throughout, updates prices, market activity and comments; adds second byline and NEW YORK dateline) NEW YORK / LONDON, April 10 (Reuters)- Gold prices rose on Tuesday, hitting their highest in nearly a week as the U.S. dollar weakened and investors awaited potential U.S. action against suspected use of chemical weapons in Syria.

The only time I manually exit a trade before my predetermined stop gets hit is if the market shows me some convincing price action against my position.

If you enter an obvious price action setup like that and you've placed your stop loss at a logical spot in - line with the existing market structure, there's no reason to panic if the market moves against you and almost stops you out.

This type of price action is very difficult to handle emotionally, and you can easily get into a game of «this time it's going to move / breakout», only to get sucked out of your position as the market once again consolidates against you.

At the end of the day, it doesn't matter what you want the market to do; it's going to do what it wants, so your job is to learn how to read its price action and take advantage of it, not fight against it.

Being patient while trading with price action goes something like this: you see what looks like a decent pin bar formation but it is going against a rather strong trend, because you know that this setup has a much lower probability of working out than a pin bar setup with a strongly trending market, you sit on your hands and pass it up, don't think anymore about it, even if it works out it does not matter because you just exercised patience, and you will be rewarded for it the more you use it.

Last week's price action of the secondary loan market assisted the index in clawing back against a month - to - date loss from the beginning of the week of -0.51 %.

If you enter an obvious price action setup like that and you've placed your stop loss at a logical spot in - line with the existing market structure, there's no reason to panic if the market moves against you and almost stops you out.

The «default» trade management strategy that I use is to «set and forget» my trades, then I will check in on them periodically and if there's any obvious price action showing me that the market bias is changing against my position, I might manually close out my trade.

There are four goals of price stable Smart Coins (bitAssets)-- a relatively reliable solution to predict the future value of a token, a predictable stable price with reduced volatility, hedging against volatile cryptocurrency markets and price action, and a unit of account distinct from assets with capital gains or losses (which has increased tax liability).

It is worth noting that earlier in 2018, the SEC had issued a warning stating that it would take stringent action against businesses that exploited the widespread enthusiasm surrounding blockchain technology and crypto market to manipulate stock prices.