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Daily trading analysis for April 21, 2020

Tuesday, April 21st—today's news: WTI crude oil futures for May delivery goes negative, Brent down 10%. European markets fall amid the oil crash, Germany cancels Oktoberfest over the coronavirus. EUR/USD is at 1.0842, GBP/USD—1.2393; Brent oil is $20.84 per barrel, gold is $1 709,65. Read the daily selection of analytical reviews from Grand …

Why trading strategies fail?

Imagine you’ve thoroughly examined a set of rules and an algorithm of actions that should lead you to a profitable trade. You make sure that every step you take follows a popular professional strategy with hundreds of enthusiastic reviews and… you irretrievably blow your deposit. Who’s to blame—the strategy’s author …

Daily trading analysis for April 20, 2020

Monday, April 20th—today's news: American oil prices plummet almost 20%. European markets trade higher on the positive earnings reports, the US dollar rises. EUR/USD is at 1.0875, GBP/USD—1.2456; Brent oil is $27.01 per barrel, gold is $1,692.90. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market during …

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