Where Are the Retail Forex Traders Actually Trading If you are a retail Forex trader, you will be astonished to know that retail Forex traders are not trading on the “real foreign exchange market.” Sounds…
Tagged By forex trading
Will May Be Grey?
USD Expectations for May As we plunge into May, the (DXY) US Dollar Index continued to surge to its highest level since May 2020. We are now at the highest level against all other major…
BEGINNER’S GUIDE: What is a Forex Pip?
A pip, or point, is a way to measure price movement in the Forex market and determines the profit or loss of the trade. A pip in most currencies is 0.0001. For example, at the…
The Greenback Was Supposed to Rise… Forex Week in Review
Review of the week 10th-15th July 2017. Last week was supposed to be a strong week for the USD but instead, it turned into a devastating one for the greenback currency. For example, check out…
Forex Trading – Will March Be The Pivotal Month?
As we roll into March, I believe the Forex chips will start to fall into place. We start with the all-important question; will Global equities find the footing they are so desperately looking for? Oil…
New Highs For The USD – Will It Hold?
This past week we witnessed the setting up of milestones as stocks ended January with their worst performance since 2009. The FOMC announcement minutes were exactly as expected and a rate hike is not on…
Forex – A New Year and a Fresh Start to the Old Situation.
Forex Trading Outlook: January 4-8, 2016 A slow start to the new Forex year is expected with the week picking up some momentum as we head toward Friday’s US Non-Farm Jobs Report (NFP) release. An upward momentum in…
Western Traders, Don’t Forget About China
For most western traders, we think of December as being the holiday season, and that markets will resurface with more activity come January. And that is very true and valid because this time of year has…
Another Typical “Jingle Bells” Slow Trading Week Ahead
Forex Trading Outlook: December 21-28, 2015 It’s looking like another typical “Jingle Bell” slow week ahead. The week ahead of the Christmas weekend is traditionally one of the most illiquid and slowest trading weeks of…
Forex Traders Prefer Candlestick Charts
A Brief History Of Candlestick Charts As early as the 1600’s in Japan, candlestick charts were developed for predicting rice prices. Interestingly enough, rice futures was one of the world’s first commodity futures markets. This explains…
