Ahmad Hassam / Profile

If you are looking for a good forex scalping strategy then this post can help you. GBPJPY is a pair that can make a lot of pips on 1 minute timeframe. GBPJPY is a highly volatile pair. The higher the volatility the more pips you can make...

GBPJPY is always on a roller coaster. It can go up 300-500 pips in 24 hours. Then reverse and go down 300-500 pips in down direction. Read this post that analyses GBPJPY 800 pips move in just 2 days. When you trade GBPJPY always keep risk as low as possible...

In a trade there are 2 important things that you should focus. First is the stop loss and the second is profit target target. Get both of these things correct and you have a winning trade...

Can gold prices be rigged? This is an important question that comes to mind. A gold trader Daniel Plunkett stood to lose heavily on a recent trade. A client of his had staked $43 million on a bet that gold prices will rise in 2 years. Daniel Plunkett was on the other side of that trade...

Federal Reserve has been accused of building up bubbles in US economy. The last time this happened was in 2008. A bubble was building up in the real estate sector that required increasing interest rates to bust it. Increasing interest rates was not a popular decision...

If you are learning Python then this post can help you a lot. In this new post I show how you will download daily stock quotes data from Yahoo Finance. Then how you are going to draw the candlestick chart. We will be using matplotlib library...

Insider trader is illegal. We all know that. But there are people who still believe they can get away with it. A few years back, a Microsoft Manager got insider information about Microsoft company. He fed that information to a stock trader and both made $415K from 3 trades...

Wall Street is a highly competitive place. Today Wall Street is at the cutting edge of global finance. We daily read about Wall Street but most of us never meet the actual people who work on Wall Street...

US Non-Farm Payrolls Report also known as the NFP Report is very important for the market. NFP Report affects USD, US Stocks and the gold market. NFP Report basically releases the number of jobs that were added to US economy in previous month...

Market manipulation is a persistent problem in financial markets despite tough regulation. Market manipulation is done to mislead others and profit from their wrong investing decisions. Pooling, Churning, Stock Bashing, Pump and Dump, Runs, Ramping are frequently types of market manipulation...

When you trade currencies, its all about central banks. For example when you are trading USD/JPY, you need to keep an eye on the Federal Reserve (FED) and the Bank of Japan(BOJ). FED policy mandate is to keep unemployment and inflation below 2% level. Fixing unemployment stokes inflation...

If you have been into statistical modelling and machine learning then you will have this idea. Intraday data or what is high frequency trading data is not normally distributed and is infact skewed and leptokurtic...

USD/JPY is on the upward march since Donald Trump won the US Presidential Elections. On the day of the election it first threw a tantrum on Trump winning US Presidential Elections news. But then USD/JPY changed mind and has been climbing up since. Financial media is dubbing it the Trump Rally...

Pivot Points are popular with professional traders. Daily Pivot Point and Weekly Point Point Levels are considered important levels. There are many trading strategies that revolve around these pivot points...

Central Banks are the most important players in the market. When they want they intervene in the market. Sometime they get the desired results oftentimes they themselves get surprised the market. The recent case of Royal Bank Of New Zealand that announced a rate cut sometime back...

Federal Reserve recently announced the rate increase in a FOMC Meeting earlier this month. This decision came after a lot of procrastination on part of Federal Reserve. Central Banks are the biggest players in the market. Central Banks have the power to create a lot of money in the market...

Chicago Mercantile Exchange CME is the largest futures and options exchange. Two UAE based traders have been charged with spoofing the gold and silver prices on CME. Read this blog post that explains what these 2 UAE traders were doing and what happened...

Market Spoofing is done when a trader tries to deceive the market by entering very big buy sell limit orders and cancelling them before they can get executed...

On May 6th 2010, Dow Jones Industrial Average Index (DJI), S&P 500 Index (GSPC) and NASDAQ Composite (IXIC) suddenly collapsed and then rebounded rapidly. Dow Jones Index (DJI) had the worst collapse. It lost 998.5 points within minutes only to recover most of the loss again rapidly...

This is old news. This happened in 2014. There was a lot of talk about hard landing of Chinese economy in the financial media. You should know this that Australian economy is now highly linked with the Chinese economy. Today Australian economy is highly dependent on trade with Chinese economy...