Trading like a nomad: An introduction For those who don’t know what Nomad is? A nomad is a person who has no fixed residence but move from place to place usually seasonally and within a well-defined territory. The best and fastest way to make money trading is to have a low-frequency and low-risk strategy. If […]
Three Key traits of 2022 millionaire traders
Habits of millionaire traders that set them apart: To become consistently profitable in trading, you must think and act like you are, BEFORE you even become one. New traders should mimic the mentality and beliefs of people who have succeeded in trading before. This seems logical, but in reality few traders actually become successful. If […]
The Accumulation Distribution Line:2022 Strategy
Accumulation Distribution Line: An introduction The Accumulation Distribution Line or (ADL) for short is one of the best indicators to use when you want to know whether investors are accumulating (buying more) or distributing (selling) security you are interested in. It’s a simple yet powerful indicator that can show you at a glance whether the […]
2022 forex divergence trading guide: Download cheat sheet & Indicators
The Forex Divergence Cheat Sheet: A Sure-Fire Way Of Increasing Your Trading Profits Forex Divergence trading is one of the most lucrative forms of trading, but it’s also one of the most difficult to understand. Luckily, you don’t have to learn it all by yourself! In this article, we’ll take a look at what divergence […]
EUR/USD Key Psychological Level of 1.0800: DAX 40 Remains Rangebound
EUR/USD Wrestles With Key Psychological Level The downward trajectory pertaining to EUR/USD continues to persist with price action stalling at the key psychological level of 1.0800. In the wake of the Coronavirus pandemic, an influx of stimulus from both the European Central Bank (ECB) and the Federal Reserve (Fed) has thus far assisted in reinvigorating […]
US Trade Deficit Reaches $89.7 Billion – Highest on Record
US Trade Deficit updates: Balance of Trade (JAN) = $-89.7B Exports (JAN) = $224.4B Imports (JAN) = $314.1B Customize and filter live economic data via economic calendar The US now has the largest trade deficit on record as imports for January rose $3.8 billion more than in December; while exports for the same period declined […]
Forex: A Beginner’s Guide (2022)
What is Forex? The word Forex was made by joining initial syllables of two words Foreign and Exchange. Forex is the process of converting one currency to another for business and personal purposes .The Average trading volume of forex market is $6.6 Trillion per day. The $6.6 trillion break-down is as follows: $2 trillion in […]
EUR/SEK heading 10.35
Economists at Credit Suisse revise their EUR/SEK target higher from 10.14 to 10.35 following last week’s dovish Riksbank surprise. Scarce opportunity for monetary policy led gains in SEK in the near-term “We revise our EUR/SEK target from 10.14 to 10.35, a level that we believe accounts for the still-constructive fundamental story behind the krona, but […]
Dollar rises on Fed expectations, Omicron worries ease By Reuters
[ad_1] 2/2 © Reuters. FILE PHOTO: A Japan yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration 2/2 By John McCrank NEW YORK (Reuters) -The dollar rose on Tuesday on expectations the Federal Reserve could raise interest rates as early as March to counter rising inflation, while a global rally […]
Dollar Up, Yen at One-Month Low as Omicron Worries Lessen By Investing.com
[ad_1] © Reuters. By Gina Lee Investing.com – The dollar was up on Tuesday morning in Asia. Meanwhile, the yen traded near a one-month low to the U.S. currency as uncertainty about the omicron COVID-19 variant was largely consigned to the background, and investors’ risk appetite improved. The that tracks the greenback against a basket […]