saed shalabi

Forex Trading Articles - Heikin Ashi

Consider using Heikin-Ashi bars if you’re struggling with standard candlesticks

When you initially discover forex trading charts, you’ll see candlesticks as the default setting on various timeframes. Candlesticks are classed as the gold standard of price display when you trade markets. When you trade FX, you need a method to illustrate what price is doing, has done and where it might be headed, and it

Consider using Heikin-Ashi bars if you’re struggling with standard candlesticks Read More »

Trading Platforms: Algorithmic Trading as a Means of High-Frequency Trading

UK bank and energy stocks powered FTSE 100 rise, US equity markets rise despite Trump’s attempt to create sedition

UK stocks closed 3.47% up on Wednesday, January 6 after energy and banking stocks rose considerably due to the recent OPEC agreement restricted oil production and post-Brexit optimism for the banking sector. The Markit services figure rising to 49.4 for December also helped to support the bullish sentiment. Because of the FTSE 100 rise, GBP/USD

UK bank and energy stocks powered FTSE 100 rise, US equity markets rise despite Trump’s attempt to create sedition Read More »

Some Common Myths About Forex Trading

Matching personality types to FX trading styles is a bad idea that needs debunking

There are four primary trading styles for trading forex markets as a retail trader: scalping, day trading, swing trading and position trading. Over recent years a movement has developed on FX trading forums to identify which trading style matches your personality and go with it. The suggestion on forums is that if you’re a twitchy,

Matching personality types to FX trading styles is a bad idea that needs debunking Read More »

Crude oil slips to 2-week lows, bulls still hold

Oil breaches $50 a barrel, copper prints an eight-year high, ISM manufacturing reading comes in over 60

WTI crude oil futures breached $50 per barrel for the first time since February 2020 and rose by 4.68% during Tuesday’s trading sessions. Major oil producers agreed to maintain existing oil output levels into February and March. Saudi Arabia agreed to a production cut, while Russia and Kazakhstan have raised. Copper, often regarded as the

Oil breaches $50 a barrel, copper prints an eight-year high, ISM manufacturing reading comes in over 60 Read More »

Bring order to your forex trading and avoid chaos by using market orders

Many market commentators, analysts and mentors claim that markets are random and by association chaotic. If you get down to a granular level, they have a point; if you watch the movement of forex tick charts or one-minute time frames, FX market movements can look random, and you can’t possibly identify trends. However, if you

Bring order to your forex trading and avoid chaos by using market orders Read More »

Equity markets whipsaw in wide bearish ranges on first full trading day of the year

European and US equity markets experienced volatile trading conditions during Monday’s trading sessions. The reasons were various. The leading UK index the FTSE 100 enjoyed a significant rise during the London open due to Brexit fears fading and optimism regarding the start of the Astra Zeneca Oxford vaccine rollout given to the most vulnerable and

Equity markets whipsaw in wide bearish ranges on first full trading day of the year Read More »

What to look for this week? BoE, NFP, and ECB in focus

Monday is a busy day for economic calendar data releases, as markets recommence trading after the holiday period

Global equity, FX and commodity markets reopened on Sunday evening after the Xmas and New Year holidays. The ongoing economic events that dominated markets in the US and EK and Europe; the Pandemic Relief Bill and Brexit are now over. Therefore, investors and traders will turn their attention back to fundamental and technical analysis combined

Monday is a busy day for economic calendar data releases, as markets recommence trading after the holiday period Read More »

Good riddance to 2020, let’s raise a glass to the roaring ’20s

In our business, we’re trading the future, and we continually try to make predictions of how and why financial markets move. If you think back to this time last year, you couldn’t possibly predict how 2020 would turn out. The Brexit transition period ending, the November presidential election, and the ongoing Middle East tensions. These

Good riddance to 2020, let’s raise a glass to the roaring ’20s Read More »