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Dec 2, 23 •
31 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on What Is the Relative Vigor Index?
A relative strength indicator (RVI) compares a security’s closing price to its trading range and then smoothes the results with a simple moving average (SMA). It is used in technical analysis to measure trend strength. In an uptrend, RVI’s...
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Nov 29, 23 •
40 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Key Components and Principles of VSA Trading Strategy
The VSA (Volume Spread Analysis) trading strategy analyzes the relationship between price movement, volume, and spread. In the VSA context, the term spread refers to the difference between the high and low prices in the financial market. Richard Wyckoff...
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Nov 27, 23 •
40 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Is the Forex Market Recession Proof?
The economic cycle shapes the global financial landscape; within this cycle, a recession is defined as negative economic growth for at least two quarters. In a recession, economic activity declines, affecting industries and investments. The most recent...
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Nov 23, 23 •
69 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Forex Signals Today: EU, UK Manufacturing and Services PMIs
The USD gained after finding a bottom on Tuesday yesterday due to a yield turnaround after earlier falls. Consumer sentiment in Michigan continued to support the economy, as consumer forecasts for inflation one and five years away continued to be higher, with...
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Nov 23, 23 •
58 Views •
Forex Trading Strategies •
Zahir Shah
Comments Off on How To Use The Forex Grid Trading Strategy?
Grid trading aims to take advantage of market volatility within a defined range by placing multiple buy and sell orders at fixed intervals or price levels. Grid trading is very profitable when the market is in a range because the price tends to move back and...
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Nov 22, 23 •
72 Views •
Forex News, Top News •
Zahir Shah
Comments Off on US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases
The following are the things you need to know on Wednesday, November 22 2023: Despite Monday’s sharp decline, the US Dollar Index managed to gain some small daily points on Tuesday. The USD continues to hold its ground against its rivals early...
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Nov 21, 23 •
55 Views •
Top News •
Zahir Shah
Comments Off on Inflation Data from Canada and Fomc Minutes Could Spark a Market Rally
On Tuesday, November 21, here’s what you need to know: Despite the bullish action on Wall Street on Monday, the US Dollar (USD) suffered losses against its major rivals as risk flows continued to dominate the financial markets. Investors are focusing on...
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Nov 20, 23 •
64 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How does America’s debt ceiling affect financial markets?
At the start of 2023, the US hit its debt ceiling, so what happens next? We look at what the debt ceiling does and how it is raised. What is the debt ceiling? The debt ceiling also called the statutory debt limit, is the maximum amount of debt that the United...
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Nov 18, 23 •
71 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Harmonic Trading Patterns in Trading
This article explains everything traders need to know about harmonic trading patterns, how they can be used in currency markets, and market harmonics and harmonic ratios. Harmonic Trading has its roots in the Gartley pattern. The Gartley pattern’s 222...
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Nov 17, 23 •
67 Views •
Top News •
Zahir Shah
Comments Off on US Housing Data Leads to Choppy Trading
The following information is important for Friday, November 17: The financial markets remained relatively quiet for a third consecutive Friday due to a lack of fundamental drivers. US economic data will include Housing Starts and Building Permits, while...
