Category: News
Forex Psychology – STOP EMOTIONAL TRADING!
Have you ever wondered why you keep losing your money in forex? When you BUY or SELL, do you enter with a plan in mind…
Trading Forex during a recession. Things you need to know.
I think we can all agree a recession may or may not occur once every decade. The good news is that on average, a recession lasts about 11 to 22 months, according to The National Bureau of Economic Research. They can be shorter and milder, or longer and more serious, as we have witnessed from the financial crisis in 2008, or even catastrophic, like the Great Depression of 1929. It is now 2020 and we are dealing with a global pandemic named Covid-19 which is gradually turning into another severe global recession as businesses shutdown and several cities across the…
The Big Day: NONFARM PAYROLLS
Nonfarm payrolls is due on Friday 6 December at 2:30 PM (GMT), forecasts show 180k jobs were created in November, rebounding from October’s 128,000. The…
Legitimate reasons why you should start trading Forex in 2020
You are probably wondering why you are here. You are curious and you heard of Forex trading and wish to start to experience the excitement…
Here is what you need to look out for this upcoming week:
Monday 15st July – 2019 China GDP (Gross Domestic Product) – YoY Q2 (Previous 6.4% vs. Forecast 6.2%) Tuesday 16nd July – 2019 NZD Consumer Price Index…
ALL EYES ON NFP (NONFARM PAYROLLS)
The U.S Jobs Report is due this Friday and it certainly smells good from here and while the S&P 500 is at records high the…
Here is what you need to look out for this upcoming week:
Monday 1st July – 2019 EUR Unemployment Rate EUR Markit Manufacturing Index GBP Markit Manufacturing Index USD Markit Manufacturing Index 24HR OPEC MEETING Tuesday 2nd…
Will the Canadian loonie remain strong?
Given that today we have upcoming events on the economic calendar that may slightly affect the U.S dollar and Canadian dollar, we’d like to keep…
BTC/USD: “You thought this was it?” Think again!
Only 2 days ago BTC/USD price was roaming around 11K. Today the price rose towards 13K showing no signs of weakness whatsoever. It seems that…
Analysts see signs of worsening conditions for the Pound
According to JPMorgan Chase & Co., the British Pound will likely tumble to levels not seen since 2017 against the Euro as Brexit turmoil outweighs…
