Interest rate hikes by major central banks throughout 2022 triggered a resurgence in forex carry trading. This forex trading strategy involves trading currency pairs strategically to […]
Heikin-Ashi or Heiken-Ashi means ‘average pace’ in Japanese. So, from its name, you already know that the indicator uses average price data to plot candlesticks and […]
Data releases from a country establish the basis for understanding the health of an economy. It reveals the performance and patterns in the past, which traders […]
The standard deviation of year-on-year growth of commodity terms of trade (CToT) stayed near the 1% level between 1981 and 2019. It rose to 1.85% during 2020-2021. […]
Identifying market trends and correctly predicting changes in them are essential for making better trading decisions. This enables you to enter or exit the market at […]
Whoever said that the best things in life are free obviously hasn’t heard of Valentine’s Day! With people all over the world increasing their spend on […]
As Valentine’s Day approaches, it’s time to login to MetaTrader 4/5 (MT4/MT5) and reassess your portfolio to capitalise on the week-long celebration of love. From Rose […]
Please be aware of the following changes that will take place due to the Australian (AU) Daylight Saving Time (DST), effective from Sunday, 1 October 2023 […]
Forex is one of the most volatile markets, but also the one with the most liquidity, which offers opportunities for traders 24/5 globally to take advantage […]
Popularised by Goichi Hosoda, Ichimoku Kinko Hyo or the Ichimoku Cloud is a leading price action indicator. Hosoda took 30 years to practice and perfect this […]
A trading strategy is incomplete without risk management measures. There’s no doubt that markets are volatile, but isn’t this what makes them exciting? Risk management ensures […]
Galt and Taggart rightly predicted that 2023 would be a year of high volatility. This was mainly due to the continued monetary tightening in developed economies, clubbed […]
The foreign exchange market has the largest daily trade volumes and the highest liquidity. It is a 24/5 market and presents many attractive trading opportunities. Traders […]
Contracts for difference (CFDs) allow traders to take advantage of rising and falling asset prices. They are derivative instruments where a trader enters into a contract […]
As of mid-July 2023, Bitcoin (BTC) had gained 87.80% year-to-date, while Ether (ETH) had added 66.28%. The massive potential for cryptocurrencies to increase in value has […]
Interpreting volume is one of the primary activities that help traders make informed decisions. Based on volume analysis, the On-Balance Volume (OBV) indicator is an effective […]
May 2023 marked 12 consecutive months of positive surprises from the US non-farm payroll (NFP) report. This was the longest stretch in several decades that the […]
Little did Munehisa Homma know that he was pioneering a trading tradition when he started using candlestick patterns for rice trading in the 18th century. Steve […]