Dow Jones Industrial Average Index – January 2 to March 12, 2020 US markets have been on an accelerated decline due to Coronavirus fears since February 21, 2020. Now, with the COVID-19 virus situation being considered a global pandemic, the
Newsletter – Mar 2020
Upcoming Government Reports & Holidays Mar 02 CONSTRUCTION SPENDING REPORT Mar 05 MANUFACTURERS’ SHIPMENTS, INVENTORIES & ORDERS REPORT Mar 06 US INTERNATIONAL TRADE IN GOODS & SERVICES REPORT Mar 06 EMPLOYMENT SITUATION REPORT Mar 06 MONTHLY WHOLESALE TRADE: SALES
Trading the Jobs Report
Every first Friday of the month, there is an expectation of possible market volatility as the US Employment Situation report (more popularly referred to as the Jobs Report) gets released at 8:30 am ET. As a trader, even if you
How Coronavirus Changes the Trading Environment
There are several reasons why a trader might have expected volatility to have ramped up in January: the big December jobs report, beginning of Q4 corporate earnings season, the presidential impeachment trial, potential winding down of the US-China trade war,
Scalping the 5-Day RSI (Relative Strength Index)
On its most basic level, the Relative Strength Index (RSI) is a momentum indicator that can be used to forecast potential “overbought” and “oversold” levels. But like most indicators forecasting price levels that are either too high or too low,
Trading the US-Iran Drone and Missile Strikes
In the first two weeks of 2020, hostilities between the US and Iran quickly escalated to what many feared would result in an all-out war: On January 3, President Trump ordered a drone strike that killed Iran’s top general, Qasem
Five Sectors That Might Help You Better Trade Index Futures
Many futures index traders make most of their trades based on technical analysis. If the trader is not reacting to price action, he or she is anticipating price action based on technical patterns. What technical traders may be missing is
Futures Trading Basics: All About Trailing Stop Orders
Many traders freely place a basic stop loss with every trade they enter, but trailing stops can seem more complicated and may be used less often, if at all. The purpose of a stop loss is simple to understand –
Newsletter – Jan 2020
As we enter into the 2020 New Year, GFF Brokers would like to take a moment to thank you for allowing us the opportunity to earn your business. We wish you a successful New Year!!! Upcoming Government Reports &
Using Fibonacci Retracements to Sharpen Your Trading Scope
Fibonacci Retracements – What are they and more importantly how are they used in trading? They are a set of ratios derived from the Fibonacci sequence, which is a mathematical series that’s derived from the golden ratio (1.618033). It’s made