5 Inquiries to Ask When You’re In A Trading Slump
In foreign currency trading, the initial goal is easy: to trade for one more day. Opening an account and putting real money on it’s the simple part. The challenge is…
Financial Trading
Easy methods to Recuperate From A Blown Trading Account
With all of the crazy moves within the markets nowadays, I’m pretty sure some are gazing large drawdowns and even coping with a very blown trading account. As a substitute…
Chart Art: Trend Resistance Area For GBP/NZD
Trend traders gather ’round! GBP/NZD could also be in for a bearish swing because it struggles to make latest September highs near a key resistance zone. Will it result in…
Flexibility Can Mean Your Survival In The Markets
A fundamental mistake many novice forex traders make is to forget to evaluate what variety of market they’re working with and adjust their approach accordingly. Navy Seals and Army Rangers…
Chart Art: Is AUD/USD Ready for a Bearish Reversal?
AUD/USD is having trouble making latest 2024 highs. Does this mean that Aussie traders are ready for a bearish reversal? We’re taking a more in-depth take a look at the…
Event Guide: Canada’s Employment Report (August 2024)
Uncle Sam will not be the one major economy dropping labor market reports on Friday! After BOC’s policy announcement, Canada’s jobs data could cause increased volatility amongst CAD pairs. What…
Chart Art: Potential Resistance-Turned-Support Area For Gold (XAU/USD)
Spot gold looks able to extend an uptrend while poppin’ up long wicks near a previous resistance area. In case you missed it, risk aversion was the secret yesterday as…
FX Watch: BOC Policy Decision To Help Extend GBP/CAD’s Downtrend?
GBP/CAD has been in a downtrend after hitting a previous resistance area. Will the pair extend its downtrend after the BOC publishes its September policy decision? We’re taking a more…
FX Watch: USD/CHF’s Potential Pullback Levels This NFP Week
USD/CHF is fast approaching a possible resistance zone ahead of the discharge of closely watched U.S. labor data. Will the pair extend its trend in the following few days? In…
TA of the Day: Is the Uptrend in GBP/USD Over?
Sterling has reached its highest level against the U.S. dollar in about two and a half years and can also be doing well against the euro. The pound’s rally is…