Uncategorized
Pound Momentum Ebbs
While it has now lost some momentum, the Pound Sterling had earlier struck an 11-week peak during overnight trading on renewed optimism that a no-deal Brexit can be avoided.
While it has now lost some momentum, the Pound Sterling had earlier struck an 11-week peak during overnight trading on renewed optimism that a no-deal Brexit can be avoided.
Global markets continued to look for direction on Thursday as investor uncertainty about the state of the global economy created opportunity for both concern and optimism.
With possible backing from the Labor Party for the latest amendment to the ongoing Brexit saga, the Pound Sterling inched higher and rose above the $1.30 level during London trade.
Asian markets were trading mixed on Wednesday afternoon, as traders remained cautious in the face of continued trade tensions between the United States and China.
Although it is possible to do OK by only looking at the Forex market, you could do better by considering what is going on in stock & commodity markets.
Amongst a multitude of charts, we’ll review 3 main ones. The simple line chart, bar chart & the candlestick chart, listing their various quirks, pros and cons.
Many look for the magic system to start making money & become rich. This article reviews some things that work & some hype that far too many people fall for.
One of the mistakes that you might make as a new trader is trying to score big in one shot, instead of playing the fundamental part & winning over the longer-term
Renko charts use bricks, looking like candlesticks with just the body. A Renko chart will completely ignore time & focus only on price changes. Read more!
Understanding the difference between technical & fundamental analysis is the first thing you should focus on when deciding what type of trader you wish to be