Whether you’re new to trading or you’ve been trading for a while, you can benefit from understanding the psychology behind trading. Having a good understanding of your own emotions and behaviors can improve your trading results, as well as help you solve problems with mental management techniques. In this article, Continue Reading
The recent announcement from the NY Fed’s meeting raised expectations for a rate hike in the coming months, but that does not mean that it will lead to a rate increase. The Federal Reserve has an explicit mandate to promote price stability and maximum sustainable employment. As such, it aims Continue Reading
Whether you are a single stock investor or an investor in a large portfolio, it is important to follow earnings from companies you own. You never know when something may change in your holdings, leading you to sell or buy more. Missing earnings season news can have disastrous consequences for Continue Reading
Trading after a news release is a highly volatile environment and traders must use sound risk management strategies to navigate it. The strategy we’ll outline below is based on a number of time frames and clearly defined levels of support and resistance. Traders can use this technique to enter trades Continue Reading
The Japanese yen is the most widely traded currency in Asia. This currency contributes about 17% of foreign exchange transactions. The Japanese government controls the interest rates in the country’s currency. The central bank keeps the yield on the 10-year Japanese government bond at zero. Negative interest rates have encouraged Continue Reading
Crude oil prices are slightly higher during Asian trading on Wednesday, despite falling overnight. This is due to traders pricing in higher risks of a global recession, which puts oil demand prospects into question. Global growth expectations have been weakening due to persistently high inflation and central bank tightening. This Continue Reading
Spirited Euro Briefly Stalled by Euro Zone Sentiment and InfInflation rose by 0.2% in March, and consumer confidence dropped to 9.9 points, despite unemployment reaching its lowest level since before the financial crisis began. Also contributing to Eurozone Sentiment and Inf: Rising sovereign bond yields. These are just a few Continue Reading
Breakout trading is one of the most common forex strategies, but the risks involved are also the most significant. The main disadvantage of this strategy is that it often turns into a strong trend, so it is best to avoid it for beginners. A breakout trade has a high reward Continue Reading
On Thursday, the USD/CAD currency pair extended a bearish price series ahead of the U.S. retail sales report, due out on January 26. The report is expected to show flat spending for December, and the U.K. Confidence survey is expected to show a slight drop in consumer sentiment. The dismal Continue Reading
USDJPY Forecast: A Correction or Reversal of the Prevailing Bull Trend? The currency pair has risen sharply from its lows, outpacing other assets in terms of correlation and yields. A bear market, on the other hand, will cause the currency to deviate from the general trend of a bear market. Continue Reading
