News - Purple Trading

The Swing Overview – Week 46

17-11-2021

Last week was marked by important data from the US labor market and data on US inflation, which continues to accelerate. After that, the US dollar strengthened and the US stock indices made a slight correction. Gold, which some investors consider as a hedge against rising . . .

Positions of large speculators according to the COT report as at 5/11/2021

08-11-2021

Total net speculator positions for the USD index rose by 500 contracts last week. This change is the result of a 200-contract increase in long positions and a 300-contract decrease in short positions. The increase in total net speculator positions occurred last week in the . . .

The Swing Overview – Week 45

05-11-2021

The major central banks decided on interest rates last week. The Fed, the Reserve Bank of Australia and the Bank of England kept rates on hold. In contrast, the Czech National Bank raised rates strongly. The Czech crown has space for further appreciation against the euro . . .

Is Forex gambling?

03-11-2021

When trading Forex, there are a lot of traders who approach this full-fledged business as if it were a gamble, and of course, this does not bode well. It may seem that Forex trading and gambling have a lot in common. In both cases, it is mainly about games with probability. . . .

Positions of large speculators according to the COT report as at 29/10/2021

02-11-2021

Total net speculator positions in the USD index fell by 1,500 contracts last week. This change is the result of a decrease in long positions by 2,400 contracts and a decrease in short positions by 900 contracts. The increase in total net speculator positions occurred last . . .

The Swing Overview – Week 44

02-11-2021

Stock indices have experienced another rising week. The US NASDAQ reached a new all-time high and the SP 500 tested last week's all-time high at the end of the week. The US labor market data was again positive and continues to confirm the improving trend. Also, the fact . . .

Positions of large speculators according to the COT report as at 22/10/2021

25-10-2021

Total net speculator positions in the USD index rose by 900 contracts last week. This change is the result of a decrease in long positions by 1,800 contracts and an increase in short positions by 2,700 contracts.The total net speculator positions in the USD index are the . . .

The Swing Overview – Week 43

22-10-2021

The stock indices had a bullish week and the SP 500 has reached a new all-time high. The VIX fear index is at 15, the lowest since February 2020. US labor market data was also positive and confirms the improving trend. The markets were also reassured by the fact that . . .

How to stay motivated in forex trading

20-10-2021

Maintaining motivation during the trading day can be a real challenge, not only for beginning traders. With motivation, it's often like on a roller coaster, when everything goes according to plan, then motivation is usually not a problem, but once it all starts to go . . .

The Swing Overview – Week 42

18-10-2021

The stock indices had a choppy week, which ended with strong growth. On Thursday, the SP 500 index rose by 1.7%, the Dow Jones Industrial Average by 1.6%, or 534 points, and the NASDAQ by 1.7%. This bullish sentiment was supported by data from the US, which showed easing . . .

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