Education

A look at one of the most used tools in a trader’s trading arsenal A moving average is a simple tool that traders use for different purposes. The main advantage is that it makes trading smoother and if used correctly, can lead to favorable trading results. A simple moving average is calculated by adding the
In this article, we decided to gather lifehacks related to trading on Forex news releases. First of all, we strongly advise everyone to check the economic calendar on a regular basis. The further strategy may differ according to your preferences. Some people like venturing into trading currencies, which have important events on the agenda, others
How long should you hold your trades? It often happens that the abundance of timeframes makes traders perplexed. On the one hand, it’s possible to lose a great deal of time while checking all the timeframes. Moreover, technical analysis of different timeframes may provide confusing signals. On the other hand, a lazy trader who uses
Another administration official to depart Reports began to circulate earlier today that US Interior Secretary Ryan Zinke was leaving the White House at year end. Shortly afterwards, Trump made the announcement on twitter. “Secretary of the Interior @RyanZinke will be leaving the Administration at the end of the year after having served for a period
What Powell has been thinking about Back in August, Fed Chairman Powell piled into off a ridiculous few months of global policymakers mulling about what neutral rates were, or r*. Well that wasn’t the only star on his mind. The WSJ writes that at the Fed’s Christmas party this week, Powell and Vice Chairman Richard Clarida
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Embrace the odds in your trading “Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.” ― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Events to watch out for Monday November 5 China Caixin Purchasing Managers’ Index for September Japan Nikkei Purchasing Managers’ Index for September Australian MI inflation Swiss sight deposits ECB’s de Guidos Bank of Canada Governor Stephen Poloz speaks in London to Canada-UK Chamber of Commerce with a press conference to follow at 9:30 a.m. US Markit services/composite PMI
How to plan your trades using Japanese candlesticks Japanese candlesticks and their patterns can be a valuable source of information for Forex traders. We examined their structure and patterns in the previous articles. This time, we’ll focus on applying the theory to practice and see how one can use the logic of candlesticks for opening
Trading strategies: Trading news releases Trading a news release can be another useful tool to have in your trading inventory. However, there is a right way, and a wrong way to trade a news announcement. This article will aim to guide you how to recognise key news that can be traded, how to enter, where