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While the Forex market has been quiet, you have no doubt been aware of the World Cup 2014 in Brazil? If you’ve been looking for somewhere full of excitement and volatility then you haven’t had to look much further than the greatest show on earth...
New Western sanctions on Russia shook world markets on Thursday, sending Moscow stocks and the ruble falling and lifting traditional safe-haven currencies and bonds. The new U.S...
China's GDP grew +7.5% y/y in 2Q14, accelerating from +7.4% in the prior quarter. The National Statistics Bureau also reported that the sequential GDP growth soared to +8.2% q/q, saar in the second quarter, compared with +6.1% in the priod quarter...
Trading the bounce from a recent price reversal that is hitting major support, will more times than not be more reliable than trading the break-outs to new highs...
We've actually found that good traders do not value money that highly, or at least, it is not one of the major reasons that they trade. They trade because they want to be the best or because they love it. Those who trade for the money usually have a very difficult time...
For most of this year, there have been worries on Wall Street that the trading boom that defined the investment banks in this era was coming to an end...
Following are 10 of the more prevalent mistakes I believe traders make in futures trading. This list is in no particular order of importance...
Recap of the Zig-Zag & The Study of Corrections The Second Pre-Trend Pattern: Triangles Setting Stops & Profit Targets “All patterns fail, but the key is to know when to trade them and when to avoid them.” -Suri Dudella...
The Conference Board's leading economic index for Australia added 0.2 percent in May. That follows the downwardly revised 0.2 percent contraction in April (originally -0.1 percent). With May's increase, the six-month growth rate in the leading economic index improved to 2.1 percent (about a 4...
Leaders of the five BRICS nations agreed on the structure of a $50 billion development bank by granting China its headquarters and India its first rotating presidency. Brazil, Russia and South Africa were given posts or units in the new bank...
Bad result of euro fundamental force this pair to break median line of bullish flag on weekly chart. there is only 2 level of reversal, at double bottom or major fibonacci at 0.7292 In smaller timefame H4, we can see gartley perform with 0.7866 target,.. and double bottom at 0.7741...
To be the 007 of the Forex world we need to think more like the MI6 agent. It’s also no wonder that the traders who are making millions are as secretive as MR Bond himself...
The Foreign Exchange Market is commonly referred to as Forex. The United States has a number of different markets that can be traded in, such as the NASDAQ and Dow Jones. Regardless of the market, all transactions go through the New York Stock Exchange (NYSE...
AUDUSD Technical Strategy: Pending Long Clear candlestick reversal patterns absent on the daily chart Harami on the four hour timeframe awaiting confirmation AUD/USD is awaiting guidance near the 0.9320 mark with candlestick reversal signals lacking on the daily chart...
Most people incorrectly assume that trading is all about understanding the fundamentals of the market or knowing the balance sheet of a company. It doesn’t have as much to do with that as it does with understanding people...
On Wednesday the dollar was broadly higher against its counterparts, since comments by Federal Reserve Chairwoman Janet Yellen continued to support the greenback and investors observed the release of U.S. data later in the day...
In this article, we’re going to focus on what many traders consider to be the most attractive of the three conditions: Trends. Why Trends? Of the three possible market conditions, trends are often considered to be the most desirable for a few different reasons...
The GBP/USD pair fell during the bulk of the week, but did get a little bit of a bounce towards the end of the 1.71 level. That being the case, it appears that the market is still ready to continue going higher, and we believe that the 1...
NZD/USD Technical Strategy: Flat Support: 0.8733, 0.8669, 0.8618 Resistance:0.8779-93, 0.8835-42, 0.8886 The New Zealand Dollar broke downward against its US counterpart, dropping to the lowest level in a week. Sellers are aiming to test support at 0.8733, the 23...
Undoubtedly, the digital currency Bitcoin has been a great success in terms of financial investment. This type of currency without a real central bank currently holds the daily lives of many people willing to invest their money on the Internet...
