UC Traders
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1920, 407 2 Street SW
101, 6420 6A Street SE
The focus of this group is to teach and educate students on trading in stocks, Forex and commodities. We specialize in strategies, technical analytics and risk management designed to help make trading a viable source of income. Compared to other groups, UC Traders is more personal and has no affiliation with stock promoters, following SEC guidelines. We are currently working towards scheduling bi-weekly meetings and are planning to launch a full schedule by the end of October.
Market update(10/4/2017): A few interesting reports came out this morning. The Nonfarm employment change came out as positive this morning which despite the move last upward in gold overnight, it managed to keep it from pushing upward today and was considered oversold at the start of the market. On the other side of the market, crude inventories had a massive decline causing a short early morning spike in oil followed by a continuation of the trend called in the last post. Draghi and Yellen also spoke today pushing gold to move up near the end of the day.
Expectations for tomorrow:
-The ECB will publish an account of their monetary policy meeting
-US jobless claims will be published affecting the financial sector
-Canada's trade balance for August will be released
10/03/2017
For a little more practice on back testing, heres some shots of the GBP/USD chart.
10/03/2017
Here's a litte more back testing on the EUR/USD chart.
Scroll through the pictures, and decide which trade you would take, Buy or Sell, and then see if it worked out/is in the process of working out on the next picture.
Keep doing that as you scroll through the pictures, see if you can make some good calls!
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Calgary, AB
