Ray Steve / Profile

Southeast Asia’s emerging market nation, Malaysia, plans to enhance its financial markets landscape for domestic investors. The country’s main bourse, Bursa Malaysia, has issued a public consultation paper which aims to set new standards for the growing stock exchange among domestic investors...

A Kenyan forex trader is petitioning the government to roll out rules governing the forex industry in order to shield participants from extortion by law enforcement officials...

Overview The Renko charting method is thought to have acquired its name from "renga" which is the Japanese word for bricks...

1. General Information One of the most common technical indicators that is used by day traders in the financial markets can be seen in the Moving Average Convergence Divergence -- more commonly referred to as the MACD...

Lenght of time it has been intact, Number of time it has been tested and Steepness or slope of the trendline. The trendline that has been in effect for three months is more significant than one that has been in effect for three weeks or three days...

Getting started You can get started right away without money and without having any idea what you are doing. To do this - you open what is called a demo forex account. Your goal is to build a sustainable track record of successfully trading with fake money...

Online media firm BuzzFeed has raised $50m (£30m) of new funding from venture capital firm Andreessen Horowitz, which sees the US startup becoming a “preeminent media company” in the future. The round takes BuzzFeed’s total funding to $96...

“Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. 1.3750 is an important reference point (year open).” The break of 1.3476 completed a topping process with targets of 1.3294 (origin of diagonal), 1.3209 (2 equal legs), and 1.3012 (head and shoulders target...

Stock Investing Advices #1: Simple Business Model It is not just about simplicity, but also something that you can understand. Stock Investing Advices #2: Wide Economic Moat Simply said, the company should serve valuable niche market with price inelastic products or services...

The yuan appreciated 0.12 percent to 6.1633 per dollar at the close of trading in Shanghai after surging close to its highest level in five months of 6.1624. The closing level was up 0.08 percent past Wednesday’s reference rate of 6...

The Tweezer Top candlestick pattern is a powerful bearish candlestick reversal pattern...

Bollinger bands were created by John Bollinger in the early 1980s. The bands have similar theory and application with the Moving Average Envelopes...

Dow Theory asserts that major trends have three distinct phases: accumulation, public participation distribution. The accumulation phase represents the first part of the trend in which those who are well-informed buy or sell...

Fundamental Forecast for Dollar: Neutral NFPs may have dampened momentum behind rate forecasts just before a true trend was set Risk trends may single-handedly carry the dollar’s next move – whether full blown trend or begrudging correction The most capable backup for the dollar’s run also happen...

A Forex trader should wait for the price to turn in the opposite direction after touching one of the bands before considering that a reversal is happening. Even better one should see the price cross over the moving average...

Prices turned lower as expected after putting in bearish Evening Star candlestick pattern bolstered by negative RSI divergence. Sellers now aim to challenge the 38.2% Fibonacci retracement at 1921.80, with break below that on daily closing basis exposing 50% level at 1900.30...

Interest Rate Differential theory claims that exchange rate movements are determined by a nation's interest rate level...

After trading at the $11.50/share levels earlier in the month, Blackberry shares have retreated off its highs and is finding support at the $9.50/share area of interest. Technical indicators show that there’s still some buying pressure left, which might pave the way for a larger pullback...