The price of different assets is related to each other. Instead of moving in isolation, the markets are intertwined. To make trading decisions, traders can compare the prices of one asset to another when asset prices are correlated. Correlation is the concept behind asset price correlation. Using a correlation ratio as a trading strategy is […]
Ratio Trading Strategy for Gold and Silver Read More »
Forex pivot points are an essential tool for intraday traders. They provide valuable information about potential support and resistance levels in the market, which can help traders make informed trading decisions. Pivot points are particularly useful for short-term traders looking to take advantage of price movements during the trading day. In this article, we will
Intraday Trading Strategies Using Forex Pivot Points Read More »
A Relative Vigor Index (RVI) indicates a trend’s strength and confirms overbought, oversold, and divergence signals in forex trading. We will discuss the Relative Vigor Index in depth in this article. What is the Relative Vigor Index? A relative vigor index is a momentum indicator that identifies strengths and weaknesses of current trends by comparing
Forex Relative Vigor Index: How to Use It Read More »
Here is what you need to know on Monday, October 9: After Israel declared war on the Palestinian Hamas group on Tuesday, investors sought refuge to start the week as geopolitical tensions escalated. At last, the US Dollar Index traded in positive territory below 106.50 after opening with a bullish gap. The New York Stock
Safe-Haven Flows Dominate as Tensions Between Israel and Hamas Escalate Read More »
It is common to see the term short selling in the news. It is a tactic commonly used by well-known investors. They also share their shorted shares publicly, which leads to many retail investors following their lead. The fact remains, however, that short selling is dangerous, and retail investors should avoid it. While it may
How Can Short Selling Be Dangerous? Read More »
According to Warren Buffet, fundamental analysis is the Holy Grail of investors. He claimed to have amassed his fortune using it. People who revere him vouch for the effectiveness of this approach. The media has also been singing its praises. In reality, most Forex traders do not follow fundamental analysis. Even though many of them
Forex Fundamental Analysis: 5 Reasons It Doesn’t Work? Read More »
Investment, trading accounts, or fund drawdowns are defined as declines from a peak to a trough during a period. A drawdown measures the historical risk of different investments, fund performance, or trading performance. Usually, it calculates as a percentage of the peak to the subsequent trough. In the case of a $10,000 trading account with
Defining Drawdown & Controlling It What is Drawdown? Read More »
On Thursday, investors will monitor global bond markets closely as yields continue to rise. Late in the Asian session, Australia will release its trade data for August. On Friday, the US will publish its weekly jobless claims report. On Thursday, October 5, here’s what you need to know: Before staging a recovery, bond yields in
Forex Roundup: Dollar Rules Despite the Slides Read More »
A forex trader may be highly profitable, but it also carries some risks, which is why aspiring traders need to develop and refine their strategies before investing real money. The purpose of this article is to provide tips for creating a successful paper trading forex strategy. Paper trading is also known as demo trading, and
A Guide to Creating a Successful Paper Trading Forex Strategy Read More »
During the American session on Monday, the US Dollar (USD) benefited from a surge in US Treasury bond yields following a quiet start to the new week. Early Tuesday, the US Dollar Index hit its highest level since November, above 107.00, entering a consolidation phase. The US economic docket will include August JOLTS Job Openings
Currency Round Up: US Dollar (USD) Soaring amid Rising Bond Yields and Risk Aversion Read More »
