London’s main stock index opened lower on Wednesday as investors awaited the outcome of a crucial vote in the US Congress on a deal to increase the debt ceiling and avoid a default. The FTSE 100 index fell 0.5%, or 35.65 points, to 7,486.42 in early trading. The FTSE 250 index also dropped 0.4%, or […]
London stocks open lower as US debt deal faces opposition Read More »
When you need to sell foreign currency, you hear a lot about Forex deposits. The term “retracement” is frequently used when discussing Fibonacci retracement forex. However, this is only sometimes the case. What is the definition of “forex retracement”? Any temporary reversal of an on-going price trend is known as a pullback. The phrase “inside”
How you can calculate the Fibonacci Retracement Level? Read More »
Oil prices have been on a roller coaster ride since the COVID-19 pandemic hit the world in early 2020. After plunging to historic lows in April 2020, they have bounced back to some extent but still remain below their pre-pandemic levels. What are the factors that shape the oil market and what can we expect
Oil Prices: Where Are They Heading? Read More »
The debt ceiling is a limit imposed by the law on the federal government’s borrowing to pay its bills. It was raised to $31.4 trillion on December 16, 2021, but the Treasury Department has been using “extraordinary measures” to keep borrowing since then. What are the consequences of not raising the debt ceiling? According to
US Debt Ceiling: Biden and Mccarthy Near Deal as Default Looms Read More »
How successful a day trader is depends on numerous factors, including the trading tactics employed, the trader’s attitude towards risk, and the trader’s starting capital. As of March 2023, a day trader’s annual salary typically ranged from $34,000 to $96,500. Day traders have a high failure rate because they trade speculatively and aggressively without diversifying
How Many Trades Can a Day Trader Make in a Day? Read More »
Contrary to popular belief, investing and market timing can work together to yield positive returns over the long term. To achieve this, you must abandon the “buy and hold” approach that characterises much modern investing. Incorporate technical ideas that aid in determining when to enter a trade, how to manage your position best, and when
5 Tips about Market Timings Every Investor Should Know Read More »
Swing trading is a method to make money in the financial markets by keeping positions from one day to several weeks. Most of the time, swing traders use technical analysis to figure out when and where to join and leave trades. Swing trading can be very profitable if a person has the self-control to keep
Open a Swing Trade Account: Steps to Follow as a Beginner Read More »
There are numerous distinctions between swing trading and scalping. Time, profit, risk, and financial management are just a few variables that can vary. Scalping is a high-risk trading strategy that is not appropriate for novice traders. Conversely, swing trading is beneficial for both novice and seasoned traders. What exactly is “swing trading”? Swing trading requires
What is the Main Difference Between Swing Trading and Scalping? Read More »
The US dollar and the Japanese yen are undoubtedly the most frequently traded currency pairs inside the foreign exchange market. Both seasoned shoppers and people who have never shopped do well with these two things. When will the market for USD/JPY start? Even though selling happens constantly, most people buy in the UK between 8:00
What Factors Can Influence the Trading of USD/JPY Currency Pair? Read More »
As the price of gold keeps going up around the world, more and more buyers are getting into the gold trading business. But traders should know that every deal comes with risks and act accordingly. Learn how to trade gold to use market trends to your advantage and protect your financial future. Take the current
Important Tips for Successfully Trading Gold (XAU/USD) Read More »
