Forex News View All →
The Schaff Trend Cycle Indicators
Schaff Trend Cycle indicators are a combination of the Moving Average Convergence/Divergence (MACD) indicators and slow stochastics. The MACD proved to be a slow indicator yet the fast markets needed better early warning signals of future trends. The Schaff trend cycle indicator was developed around the ‘90s by Doug Schaff, though it was released to [...]
Read More →Will the Pound Continue to Weaken?
The Sterling, the Pound keeps losing value. Why? There are a few good reasons why and we will discuss them now. The boost the Pound got for the Olympics has come to an end. Why? There are policy reasons for that. First, Britain has been following what is called fiscal austerity. This has been a [...]
Read More →Knowing When to Cut Your Losses in Forex Trading
Any Forex trader will tell you that losses are inevitable. The most common problem among novice, and even experienced traders, is using the wrong approach of cutting profits early and letting losses run, vainly hoping for a miraculous turn-around that will recover the losses and turn them to profits. To grow your Forex capital, one [...]
Read More →“Not Happy With Stalled Fiscal Cliff Talks…”
Talks have stalled once again between Republicans and Democrats who have been unable to come to a deal that will avoid the United States from raising taxes and enacting spending cuts in 10 days. That is the “Fiscal Cliff” everyone has been talking about for the last 3 months or so. All investors are caught [...]
Read More →U.S. Fiscal Cliff
The big news this week is out of Washington D.C. as lawmakers struggle to find a common ground on the U.S. Fiscal Cliff. We are still seeing discussion stall between the Republicans and Democrats on how to handle the looming U.S. fiscal cliff. There are mixed remarks from Washington lawmakers on how the talks are [...]
Read More →Things To Do To Avoid Losing Money in Forex Trading
Forex trading is an exciting market with unlimited potential and full of promise. However, there are many pitfalls that may make a trader lose money. New and even veteran traders should always watch out for these pitfalls by following a few pointers. Emotional Trading versus Disciplined Trading The number one dream killer in Forex trading [...]
Read More →The Most Common Mistakes in Trading
Trading the financial markets, especially Forex, is increasingly becoming a popular career of choice for most people. However, there are common mistakes that traders, particularly beginners, make when trading. Here is a description of some of them. Lack of adequate training is one of the most common mistakes in trading. Many traders jump into Forex [...]
Read More →Bullish and Bearish Candles
In forex trading, candlestick analysis forms the core of technical analysis. The golden rule in the world of trading currencies is “the trend is always your friend.” As such, bullish and bearish candles are important tools that can assist you in identifying the trend of the market and when to enter and exit your trades. [...]
Read More →Technical Analysis View All →
Technical Analysis EUR/CHF Feb 2013
Introduction From the start of this month, the EUR/CHF has been making lower highs. And, this has resulted to a nice-looking descending triangle pattern. Will price break to the upside or to the downside? Factors Affecting The euro has been relatively calm even after the release of the ECB interest rate decision last week. No [...]
Read More →USD/JPY is trading in a symmetrical triangle pattern
Introduction Since the beginning of the new year, USD/JPY has been making lower highs and higher lows. As a result, this has led to the formation of a nice looking symmetrical triangle pattern. Will the pair break to the upside or to the downside of this pattern? Factors Affecting The performance of the dollar has [...]
Read More →GBP/USD is Trading on an Uptrend
Introduction GBP/USD is trading on an uptrend For the fourth time this week, GBP/USD has been climbing the charts like no one’s business. Notably, on its uptrend, the pair has retested its rising trend line a number of times. Currently, it’s testing the trend line. Will it break out of it or bounce off it? [...]
Read More →Euro has fallen to a near two-month low
Introduction Euro has fallen to a near two-month low After topping at the 1.3000 region some days ago, EUR/USD has never looked back. It seems the pair hit a rock at that level, as it has been descending the charts since then. How far will it go? Factors Affecting Two major news releases affected the [...]
Read More →GBP/USD making consistent gains to the upside
Introduction GBP/USD has been on a bullish run for sometime now. And, on its uptrend, the pair has retested the rising trend line a number of times. How far will it go? Factors Affecting Today, two major reports were given out which have an effect on the performance of the GBP/USD. First, the Nationwide HPI [...]
Read More →EUR/USD is Stuck in a Horizontal Range Pattern
Introduction For a couple of days now, EUR/USD has not made any significant movement either to the downside or to the upside. The pair has been trading within a horizontal range pattern. Currently, it’s trading somewhere in the middle of the pattern. Factors Affecting A number of economic reports were released from the euro zone [...]
Read More →AUD/USD is now trading in an ascending triangle pattern
Introduction AUD/USD has been making higher lows and lower highs for sometime now. And, this has resulted in a nice looking symmetrical triangle pattern. Right now, it seems as if the bulls and the bears are in a tough battle. Who will win when a breakout takes place? Factors Affecting Earlier today, the market tasted [...]
Read More →EUR/USD Is Trading In a Descending Triangle Pattern
Introduction Currently, EUR/USD is stuck in a nice-looking descending triangle pattern. At present, it is retesting the upper line of the pattern. When will a break out occur? Factors Affecting The euro experienced impressive growth at the close of last week’s trading due to some positive economic reports. Notably, the industrial production figures printed a [...]
Read More →Forex Trading Strategies View All →
Understanding the Kairi Relative Index
The Kairi Relative Index (KRI) is an oscillator thought to have been created by an unknown Japanese person in the pre-computer era. As an indicator, Kairi has lost much of its previous popularity and is scarcely used today. The KRI is mostly used to spot relationships existing within trending markets. KRI Vs RSI The KRI [...]
Read More →From demo account to real account. When?
Before you start trading with a live account, it’s advisable that you first try your hand in a demo account. A demo account presents all the market conditions as found in a real account. However, your account is filled with virtual currency. Therefore, you can execute orders without actually risking your money. A demo account [...]
Read More →How to Read the Psychological State of the Market
The psychological state of Forex markets is not as easy to read or measure as price action. However, by looking at the volume levels in the market and other technical indicators, one can accurately read market psychology and predict collective market behaviour. Forex traders use various indicators to ascertain the market strength. The use of [...]
Read More →Levels of support and resistance
Support and resistance are one of the most commonly used techniques in navigating the forex waters. This trading technique rests on the idea that the price of a currency pair will tend to halt and reverse at certain predetermined price levels. Support and resistance levels are usually plotted on charts by joining places where the [...]
Read More →How to trade the Fibonacci day trading strategy
The Fibonacci day trading strategy is a popular method of trading the forex market. Fibonacci levels are percentage values that traders use to forecast the length of corrections in a trending market. Traders use Fibonacci retracement levels as potential levels of support and resistance while Fibonacci extension levels are used as profit taking levels. Most [...]
Read More →How to Read a Forex Quote
To successfully trade in Forex, a trader ought to know how to read Forex quotes. Forex quotes are the basis upon which currencies are measured against each other. A typical currency quote is usually in the following forms: 1 Euro / U.S. dollar = 1.2774 EUR/USD = 1.2774 This kind of notation is translated as [...]
Read More →Is it possible to trade forex on a part-time basis with success?
The business of trading currencies offers many opportunities for most people. Trading forex to earn a living has potentially very significant rewards. However, the truth is that it’s not easy to become a successful trader. You have to dedicate some time and commit yourself to learn how the market operates before you can start making [...]
Read More →How To Develop The Best System For Trading Forex
For you to succeed in the business of trading currencies, it’s important that you develop a good system that will help you in navigating the markets. Importantly, you should ensure that your chosen style resonates well with your tastes and preferences in trading. If you have a strategy that does not fit with your style, [...]
Read More →Commodities Trading View All →
Managed Futures Produce Stable Returns.
Managed Futures and funds have a record going back to the 1970s, but still not fully recognized or understood in the investment landscape. Nevertheless, the stability and portfolio diversification the product offers has witnessed assets under management in the international managed futures sector increases from $50 Billion in 2002 to $340 billion during the second [...]
Read More →Why Copper Could Be The New Silver?
Undoubtedly, the performance of silver among the precious metals has been outstanding. Even though gold is the metal that often receives much attention, it is silver (that’s usually referred to as the “poor man’s gold”) that has recorded impressive performance in the commodities market. However, another metal is increasingly stealing the limelight and it can [...]
Read More →Understanding Crude Oil Trading Trend
Oil trading provides an attractive form of investment for people willing to invest in it. Out of all the non-financial commodities in the world, oil is the most actively traded; thus, its high liquidity provides investors with the ability to harvest massive profits. The price of oil is normally quoted per barrel in United States [...]
Read More →Gold Trading Is The Dream Of Many Investors
Gold trading is progressively gaining importance among the non-financial commodities in the globe because of its profitability and reliability. Similar to the trading of currencies online, gold trading takes place through the OTC (over-the-counter) method. This implies that it does not entail the physical buying and selling of the precious metal. Here are some reasons [...]
Read More →Basics of Commodities Trading
Commodity trading entails the buying and selling of goods that are classified as commodities. It is of essence to note that commodities are not stringently restricted to the so-called ‘pure’ substances such as gold. It is possible to refine a commodity from a raw substance, for example, oil is processed from petroleum. A commodity can [...]
Read More →
