Strategy for trading.

[MalikWaseem]

#MARKET NEWS
NOVEMBER 17, 2017 / 5:26 PM / UPDATED 17 HOURS AGO
FOREX-Dollar set for biggest weekly loss in a month as risk appetite returns
Reuters Staff
* Progress of U.S. tax bill key for further dollar gains

* Graphic: World FX rates in 2017 tmsnrt.rs/2egbfVh


By Saikat Chatterjee

LONDON, Nov 17 (Reuters) - The dollar held near the day�s lows against a trade-weighted basket of its rivals on Friday and is set for its biggest weekly loss in more than a month as investors locked in gains awaiting progress of a landmark U.S. tax bill.

Congressional Republicans took important steps toward the biggest U.S. tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a Senate panel advancing its own version of the legislation sought by senior lawmakers and President Donald Trump.

�We are seeing a very choppy ending to the week on the dollar with market liquidity thinning out and the key to more dollar upside lies in the progress of the U.S. tax bill,� said Alvin Tan, an FX strategist at Societe Generale in London.

The euro held around the $1.18 line against the dollar and held just below a one-month high of $1.1862 tested on Wednesday.

Against a broad trade-weighted basket of its rivals, the dollar was down 0.3 percent to 93.508 and was set for a second consecutive week of losses.

---------- Post added at 10:22 AM ---------- Previous post was at 10:21 AM ----------

#MARKET NEWS
NOVEMBER 17, 2017 / 5:26 PM / UPDATED 17 HOURS AGO
FOREX-Dollar set for biggest weekly loss in a month as risk appetite returns
Reuters Staff
* Progress of U.S. tax bill key for further dollar gains

* Graphic: World FX rates in 2017 tmsnrt.rs/2egbfVh


By Saikat Chatterjee

LONDON, Nov 17 (Reuters) - The dollar held near the day�s lows against a trade-weighted basket of its rivals on Friday and is set for its biggest weekly loss in more than a month as investors locked in gains awaiting progress of a landmark U.S. tax bill.

Congressional Republicans took important steps toward the biggest U.S. tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a Senate panel advancing its own version of the legislation sought by senior lawmakers and President Donald Trump.

�We are seeing a very choppy ending to the week on the dollar with market liquidity thinning out and the key to more dollar upside lies in the progress of the U.S. tax bill,� said Alvin Tan, an FX strategist at Societe Generale in London.

The euro held around the $1.18 line against the dollar and held just below a one-month high of $1.1862 tested on Wednesday.

Against a broad trade-weighted basket of its rivals, the dollar was down 0.3 percent to 93.508 and was set for a second consecutive week of losses.

The euro held around the $1.18 line against the dollar and held just below a one-month high of $1.1862 tested on Wednesday.

Against a broad trade-weighted basket of its rivals, the dollar was down 0.3 percent to 93.508 and was set for a second consecutive week of losses.

[youcef54]

I think the problem is that all strategies depends on our own and our understanding and if we are comfortable with our strategy means it's been great, because comfort in trading is a very good thing and we should be able to focus.

[Bilal zulfiqar]

active trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short.

[Raja Shahbaz]

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading� I know this will sound like a clich�, but the single most important reason that people lose money in the financial markets is that they don�t cut their losses short

[jellybelly2017]

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[aarabane]

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[mizan355]

Really thanks for you
to sharing your knowledge with us all, it's just that I am not too interested with yanag strategy you apply for this because I tried benyak of various suggestions

[anis anis]

A beginner trader must enter a reasonable amount, not all of his money, not a little, and learn and deal with short-term transactions in currencies only ...thanks

[Azer trader]

i like scapling in general i'm not believe in strategy for scapling
scapling havn'et any rule control it may be will try your strategy to confirm my opinion or to change it
thank you for share

[mrinalini]

Apne buht hi achi aur successful strategy btayi hy buht se logo seekhny ke liye buht information mily gi aur is strategy pr kam krne ka buht maza ata hy thanks for sharing your most wonderful strategy with us

Waise bhi koi trading strategy achi hai ya nahi wo to baad mein hi pata chalega jab uske results saamne ayenge. Ek achi strategy wahi hoti hai jis se zyada profits hoon . Behtar yahi hota hai ki trader ise pehle demo account mein check kar le .