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Day Trading Futures - Gold, Copper and Silver

Day Trading Futures | DayTradeFEED.com

Update on Gold, Copper and Silver Trading Above all, what happened last week should be seen as an example of how trade disputes can affect day trading futures. The annual meeting between leaders of the Group of Seven industrialized nations began in Canada last week (G-7 summit). Prior to the meeting, President Donald Trump decided to call out trade agreements between France, Canada and the US. This led to serious tension at the summit. As a result, President Trump has decided to leave the gathering early. “The six countries of the G-7 without the United States are a bigger market taken together than the American market. There will be no world hegemony if we know how to organize ourselves. And we don’t want there to be one,” French President Emmanuel Macron said in Ottawa on Thursday with Canadian Prime Minister Justin Trudeau by his side. In addition, Trump is also currently feuding over trade with China and Mexico, the US's neighboring country to the south. Due to this feuding, feelings around the Gold, Silver and Copper Futures markets wasn't as chipper as many hoped. How Do Political Disputes Affect Day Trading Futures? These political disagreements can be a nightmare for day trading futures, especially with someone in charge who has a tendency to publicly attack other nations and their leadership so quickly. This can cause big swings in the market that can be hard to avoid and get out of when going against you. As a result of this volatility, the price of gold has actually increased, holding on to a .2% increase during the week. This is typical during political turmoil, as many rush to obtain assets such as precious metals as a way of avoiding any type of recession or decreased trading. “While risk aversion created from heightened trade concerns is positive for gold, expectations over higher U.S. interest rates are likely to threaten upside gains,” said Lukman Otunuga, research analyst at FXTM. “With the expected to announce another interest rate increase next week, zero-yielding gold may face some headwinds down the road.” Above all, make sure you pay attention to a specific resistance level if you're day trading futures. Chintan Karnani, chief market analyst at Insignia Consultants, believe that resistance level lies at $1,312.60. If the market breaks that level, look for it to continue trending upward.

Day Trading Futures with DayTradeFEED.com

Are you looking to retire but aren’t sure if you can afford it? Want to see the world, but can’t quit your day job? Do you have a child heading off to college soon and need to find a way to supplement your income in order to handle it? Day trading futures could be exactly what you’re looking for. The reality is that there’s not a lot of other options as ideal for you and/or your business. Traders can make money spending as little as one or two hours per day day trading futures. Fortunately, you can learn how to do the same! Get Started Day Trading Futures If you’re still reading this blog post, chances are you’re pretty interested in learning to day trade futures. Fortunately, there’s an easy way to get your questions answered and find all the information you need. Simply contact us, and we’ll have a vetted and accredited representative reach out. Day Trading Futures – Still Not Sure? Still not sure you’re interested in learning more about day trading futures? Check out our Should I Day Trade? page to see if you have what it takes to get in the game! Day trading comes with some unique and prevalent risks attached to it. At DayTradeFEED.com, we want to make sure you have all the resources you need to be successful and see profits. Please email us at info@DayTradeFEED.com with any questions or comments!       Read the full article

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Day Trading Futures | Update

Futures Market Updates | DayTradeFEED.com

Issues with North Korea Different news, events and political rumors can affect your trades if you are day trading futures. This has been apparent recently as talks between the United States and North Korea have been in the focus of the American consumers. To give a little history behind this, North Korea has been more or less against coming anywhere near talks with leaders from the United States without a weapon readily available. This all changed in the past months, as President Donald Trump negotiated a meeting with North Korean leader Kim Jong Un, which was set for the 12th of next month. Trump Cancels the June 12th Summit This summit between the two nations (with South Korea in attendance as well) was cancelled on Thursday, May 24. President Trump announced this via his twitter feed:

"I have decided to terminate the planned Summit in Singapore on June 12th. While many things can happen and a great opportunity lies ahead potentially, I believe that this is a tremendous setback for North Korea and indeed a setback for the world...," Trump said. While the announcement came as a shock to the entire world, there were warm and positive feelings to follow. “We express our willingness to sit down face-to-face with the U.S. and resolve issues anytime and in any format,” said Kim Kye Gwan, a senior North Korea foreign ministry official, in a statement published by North Korea’s official state media. Trump followed his tweet by saying he was glad to hear a positive message from North Korea and looked forward to meeting in a summit setting in the near future. "Very good news to receive the warm and productive statement from North Korea. We will soon see where it will lead, hopefully to long and enduring prosperity and peace. Only time (and talent) will tell!" Trump tweeted. How does this affect those who are day trading futures? Just like any type of announcement made by a high-ranking government official, Trump's tweet sent stocks plummeting on Thursday. However, this down trend retraced a bit as feelings didn't seem to be as tense as the day moved along. On top of this, crude oil futures fell 3.3%. This was due to the Organization of the Petroleum Exporting Countries reducing oil production by up to one million barrels per day. Crude oil prices have already risen 13% this year and look to only increase. Day Trading Futures | In Conclusion “If the Saudis do lift oil production, that could be the news of the day. It may result in a weak patch for the energy sector, but for the broader market that could be offset by a rise in sentiment if it results in gas prices falling going into the summer driving season,” said John Augustine, chief investment officer at Huntington Private Bank. “There’s still a lot of questions about geopolitical issues with North Korea. Recent developments have seemed positive, but there’s a big question of what the sentiment is going to look like during the long weekend. The question for investors is whether they should wait until Tuesday to see what happened over the weekend and make decisions then.” Read the full article

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Day Trading Forex | DayTradeFEED.com

Day Trading Forex | DayTradeFEED.com

For those of you day trading forex, the following is an example of how the dollar trades against the euro: Those of us day trading forex saw the dollar take a loss for the fourth day in a row on Monday. This could be due to uneasy feelings shared by investors regarding a recent uptick by the currency. On top of this, last Wednesday saw the dollar index at its highest peak in 4.5 months against a conglomerate made up of six major international currencies. An increase in U.S. Treasury yields, which directed attention at the large gap in interest rates between the United States and other countries, could be to blame. The recent uptick was halted by poor April price data from U.S. consumers published last week. This data contributed to rising fears surrounding the Federal Reserve and if it would implement raised rates. These rate raise measures could be implemented up to four times this year.   Data showed a 92.402 index score Monday, which means a 0.3 percent drop from the previous week’s 2018 high. “Barring a significant, and unlikely, pickup in productivity, a persistent USD rally is unlikely as the twin deficits crowd out private investment by raising borrowing costs,” said Hans Redeker, global head of currency strategy at Morgan Stanley in London.

Day Trading Forex 101: While the dollar drops, the euro rises.

With feelings around the dollar currently in flux, the euro has seen a .4 percent gain to $1.1986. This comes after dipping to $1.1823 last week, which marked its lowest since Dec. 22. In addition, Italian political news regarding the 5-Star Movement and the far-right League hit the public. Apparently, these two organizations may merge to form a new government for the country. “Italian politics aren’t a major moving factor in the euro zone yet. It’s not an existential threat and isn’t driving a lot of positioning,” said Manuel Oliveri, an FX strategist at Credit Agricole in London. “I expect inflation to rebound in the euro zone and that will keep the European Central Bank’s stimulus unwinding on track,” he said. For more information regarding this article and today’s EUR/USD movements, visit Reuters.com. Read the full article

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Terminology | Bull and Bear | DayTradeFEED.com

Day Trading Terminology: What do people mean when they talk about bears and bulls?

When it comes to day trading, bull markets and bear markets are two different trends that can be found within a market. These terms are used often, but should be reserved for candid conversation.

Bull Markets

Let’s begin with bull markets first. When someone refers to the market as a bull market, the market has steadily rising prices. These rising prices could be due to one of many contributing factors. These include general positive information that spreads among investors.

Bear Markets

On the other side of the spectrum from bull markets (mentioned above) are bear markets. These markets are trending down, sometimes in a violent way, like a bear swiping down. This is in contrast to bull markets, which trend upward like a bull pushing upward with its horns.

Sentiment in Day Trading

Some may hear the descriptions listed above and be reminded of certain economical bubbles from the past. However, bubble is the wrong term to use when describing these markets. Human beings are the only ones trading in the market (or human-created programs...). This means that emotion will always play a part in decision-making. One of the most important factors of day trading is understanding when market sentiment is weak or strong. This includes understanding when sentiment is just correcting for market swings early on.

An Analogy

Some prefer to think of day trading like a surfer thinks of waves. The tides will bring the waves, but the surfer is the one who has to catch them. This timing, technique and knowledge comes only after putting in the time to train. Make sure you visit DayTradeFEED.com for more information on day trading and day trading terminology.   Read the full article

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Cryptocurrency Tax Law Update | DayTradeFEED.com

Are governments considering cryptocurrency business tax breaks?

The media focused on blockchain-based cryptocurrency at the end of 2017. This will continue in 2018 as Ethereum and Bitcoin are now more than recognizable words. Little regulation is part of what led to this explosion of awareness. If holding value and avoiding market up/down-ticks is the end goal, correction is necessary. CLICK HERE to learn more about Bitcoin, Ethereum and other types of virtual currency.

How do governments tax cryptocurrency?

Governments have created a wide variety of taxation policy worldwide so laws may vary depending on location. Property taxes apply to all virtual currencies in the United States so the IRS regulates this. Commodity taxes apply in Canada so exchange requires a capital gains tax. These taxes help cryptocurrency owners who keep their investment for more than one year. Owners pay less tax because of policies surrounding long and short-term capital gains/loss.

Cryptocurrency taxation in the United Kingdom and EU

VAT tax laws were applied to virtual currency until 2014 in the UK, when virtual currencies began being taxed like currency instead of property. “The value of the supply of goods or services on which VAT is due will be the sterling value of the cryptocurrency at the point the transaction takes place.” said a representative from the HMRC in a statement. Visit DayTradeFEED.com to learn more about Bitcoin and other types of virtual currency. Read the full article