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Friday • 15 Things You Might Not Know About ‘A Clockwork Orange’ (Mental Floss) • 21 Obscure References in Classic Songs—Explained! (Mental Floss) • Re-Inventing the Wheels: Ford’s Greatest Car Gets a Do-Over (Bloomberg) • The Best Way to Organize a Lifetime of Photos (WSJ...
Since candlestick and bar charts are the fundamental interface of the price action trader, the most basic unit is the candle or bar itself...
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Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: The Slow-Growth Fed: The central bank assures slow growth was caused by 'transitory factors'...
The bank also revised its forecast for 2015 four percent lower to $1,220 per ounce, citing lower inflation, reduced inflation expectations, higher US interest rates and a stronger US dollar. The bank also downgraded its silver price forecasts for 2015 – it now sees silver averaging $19...
US DOLLAR TECHNICAL ANALYSIS Prices declined for a sixth consecutive day, dropping to the weakest level in nearly three months. Near-term support is at 11754, the 123.6% Fibonacci expansion, with a break below that on a daily closing basis exposing the 138.2% level at 11719...
In the first publicly announced bitcoin-related investment, Goldman said on April 30 that it co-led a $50 million financing round for Circle, a bitcoin startup led by serial tech entrepreneur Jeremy Allaire. The startup offers a new digital wallet meant for everyday consumers...
Bank of America Merrill Lynch has revised upward its oil price forecasts for 2016, but said it remained bearish amid oversupply, weak demand from emerging markets, a return of U.S. shale production and expectations of a deal on Iran...
With the background strong and with strong signals before, there is a high chance that the trend will turn. So after the dynamic trend turned bullish, entered after an entry bar marked by the volumes histogram...
Government running out of time to contain another $55 billion blowout in the May 12 budget Faces its first credit ratings downgrade since 1989 Standard & Poor's could place Australia's AAA rating on "negative outlook" within months Raises chance of downgrade "A mix of sharply lower commodity...
Stay away from this market or just trade PA, Long in Blue zone, target is Red zone Short in Red zone, target is Blue zone Stop is 20 pips below the Blue zone for Longs and 20 pips above the Red zone for Shorts...
1. Saudi Aramco - 12 million boepd, Saudi Oil Minister Ali al-Naimi. 2014: 12 million boepd (Barrels of Oil Equivalent Per Day) 2004: 10.8 million boepd. Percent liquids: 87%. 2. Gazprom - 8.3 million boepd, Gazprom CEO Alexei Miller...
Trend: two successively higher tops and bottoms (uptrend) Trend: two successively lower tops and bottoms (downtrend) Other names for a positive trend: run up/bull run/rally Other names for a negative trend: run down/bear run/decline Trading range: the market moves up and down within a consistent...
The recent string of poor economic data weighed on the US currency meanwhile giving a boost for the gold. Kitco analyst Peter Hug shares his thoughts on the gold market reflecting upon when the rate hike will finally come...
Hello, Can someone give an opinion? There is a software called Molanis that lets you buils EA's graphically (based on MQL language) without needing to know language MQL4/5. What is your opinion about this software? Are there other manufacturers of similar software? Who are they? Any recomendation...
Does anyone really understand the long-term consequences of QE? Let’s just say there is significant debate and as such this disagreement suggests that no one really knows how this will unwind. QE has finished in the U.S. Well, that’s the official line...
The impact on the euro zone if Greece leaves it “should not be underestimated,” Moody’s said Thursday, a day after the agency cut Greece’s credit rating deeper into junk territory...
Equity investors should drop all fears regarding strength of global currencies and concentrate on a recovery in economic growth which will push stock markets higher, one of Goldman Sachs' top strategists said...
On Thursday copper prices hit five-week highs, as the greenback plunged with a June rate hike now looking less likely...
“While above 1.0660 the immediate outlook remains bid. Minor support lies at 1.0660 and this guards the 1.0520/1.0457 recent lows.” Commerzbank. "We still believe the gains in the EUR/USD are corrective, but purely technically alone this range breakout can allow for some upside extension. 1...
