3 Steps to Take When Pressing Your Forex Trades
One among the more useful skills in forex trading is knowing when to press your advantage. This may increasingly be in the shape of accelerating reward-to-risk ratios by adding to winning…
Financial Trading
Global Market Weekly Recap: June 17 – 21, 2024
Major broad market catalysts were few and much in between this week, prompting individual headlines to have a bit more pull on individual assets, and driving a less uniform performance…
Event Guide: BOE Monetary Policy Statement (June 2024)
With U.K. annual inflation reaching the central bank’s goal, will the Bank of England (BOE) finally cut rates of interest? Or will they still opt to maintain policy unchanged for…
Chart Art: GBP/AUD’s Pullback From an Uptrend
GBP/AUD is struggling to search out a direction after hitting a technical resistance late last week. In case you missed it, the discharge of Friday’s U.S. NFP report caused volatility…
Event Guide: BOJ Monetary Policy Statement (June 2024)
We have heard from the Fed this week and now it is the BOJ’s turn to update its monetary policies! Will Gov. Ueda and his team hint in the beginning…
Chart Art: How Low Can NZD/USD Go Before Extending Its Uptrend?
NZD/USD got rejected from a previous resistance area and appears set to check lower inflection points! How low can NZD/USD go before it extends its weeks-long uptrend? Let’s try the…
The Most Dangerous Emotion for Forex Traders
“A greedy person and a pauper are practically one and the identical.” The Swiss proverb above couldn’t be more true for us traders. As chances are you’ll know, many forex…
5 Common Trading Psychology Mistakes Forex Newbies Make
Before you open a live forex account, you should familiarize yourself with essentially the most common mental mistakes latest traders make. You’ll probably still make them anyway, but not less…
Event Guide: FOMC Statement (June 2024)
With the markets not seeing policy changes from Fed Chairman Powell and his gang this week, all eyes will likely be on the presser and the Fed’s revised projections. What…
One Easy Trick to Avoid Overtrading
A standard mistake that traders make is attempting to tackle too many positions without delay. They consider that the next variety of positions will translate into higher profit. “If I…