In last week’s NFP (non-farm payroll) report, the US added 517,000 jobs in January, higher than expected and pushing the unemployment rate down to 3.4%, its lowest since 1969. Job growth was revised higher for November and December, adding an additional 71,000 jobs. The strong job growth may not be welcomed by the Federal Reserve, […]
The Federal Reserve recently raised its interest rates by a quarter point, signaling that more rate increases are on the horizon. Despite this stance, investors are betting on only one more quarter-point increase, with some suggesting that the Fed may even cut its target range back to its current level by the end of next […]
The Non-farm payroll (NFP) is one of the most watched economic indicator by traders and investors, as it provides insight into the health of the US labor market. Released on the first Friday of each month, the NFP report tracks the change in the number of employees excluding farm employees, government employees, and non-profit organizations. […]
Fortune’s Formula is a captivating book that delves into the world of scientific betting systems and how they have been used to beat casinos and Wall Street. Written by William Poundstone, an author and journalist, the book uncovers the story behind the famous Kelly criterion, a formula developed by mathematician John Kelly that has been […]
“Forex Price Action Scalping” by Bob Volman is a comprehensive guide to the field of professional scalping in the foreign exchange market. The book provides an in-depth look into the techniques and strategies used by professional scalpers, as well as the mindset and discipline required to be successful in this high-pressure and fast-paced trading environment. […]
