It is indeed a challenging time in the realm of forex trading, where key economic events often stand out as grave challenges or golden opportunities. Being a trader is never easy, and traders find it extremely tough to maneuver through such events, particularly when the market is slow as at the turn of summer. The … Read more
To trade efficiently in today’s dynamic marketplace, one must have knowledge of market dynamics. The base of most trades is based on very basic price data, and that has limited the potential of many individuals. This article will explain why Level 2 trading is valuable and how it can increase the efficiency of trading strategies. … Read more
As the Federal Reserve, Bank of England, and Swiss National Bank prepare to take action, it is critical that any trader knows how to adjust trading strategies to movements by central banks. As these key institutions build up to center stage, this article will break down three effective trading strategies with regard to central banks … Read more
One of the things that should be ascertained clearly in trading is whether an asset is overbought or oversold. Unfortunately for most traders, it is not an easy thing since reliable indicators are few and far between. However, all this gets cut into with the introduction of the Commodity Channel Index, first conceived for the … Read more
While the stock market reflects a sharp drop, investors would begin wrestling with uncertainty and losses. The Federal Reserve last week reeled out a statement that it will maintain interest rates. Thus, the hope for a soft landing became ruled out. This did indeed increase volatility in the market. Traders would be questioning if this … Read more
U.S. equities have struggled on softness, battered by doubts over inflation and other macro indicators. Market players are keen to see if readings bode for a much-needed rally or will send the markets into a deeper bearish phase. Inflation remains hot news, and so is this question: “Can U.S. inflation spark a Wall Street rally?” … Read more
The European Central Bank is on the verge of making its next interest rate move – and traders are in a state of apprehension. As long as inflation remains a major concern in the Eurozone as the economy sends out warning signals about slowing growth, markets would expect how that ECB move is going to … Read more
For most aspiring traders, the world of trading is a scary one. This is because most new traders start trading not having the right foundation; therefore, most will get confused and frustrated. Impulsive decisions follow, blown accounts occur, and, in the world of trading, you are lost. To solve this problem, resources such as How … Read more
What this means, in essence, is that along the way, traders are bombarded with a multitude of dense indicators supposedly to tell market trends. Many struggle to find some type of reliable tool that is simple, yet effective in determining overbought and oversold conditions in various markets. Commodity Channel Index CCI is a momentum oscillator. … Read more
Most traders cannot time entry and exit accurately because they sometimes depend solely on price action without studying the volume behind it. Not being able to see these conditions can result in poor timing and entry into trades that might not be taken, which definitely will cut into one’s profitability. MFI solves this problem in … Read more
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