Investors in U.S. markets have ignored the Federal government shutdown; the DJIA and SPX rose to record highs as the first day of the shutdown began on Friday, the general mood of optimism continued through to Monday, as U.S. markets reached new record highs. The DJIA closed up 0.55% and the SPX up 0.81%, with […]
Since experiencing a significant slump in December, USA, European and Asian equity indices have made significant recoveries in 2019. The potential resolution, to the ongoing tariff driven trade war between the USA and China, has provided the calm to pour over the previously, highly inflammable and volatile markets. But the current benign situation could be
One of the most popular technical indicators for day trading and forex is the MACD. It measures the difference between two exponential moving averages and plots the difference as a line graph. A histogram depicting the difference between the second signal line and the MACD is then plotted. It is possible to change the settings
Why is MACD a Favorite Trading Strategy? Read More »
Trading is all about earning the most profits possible. Many strategies have been developed for that purpose. The 10 pips a day strategy allows you to earn little by little but continuously since it takes time to earn every pip. If you have ever wondered how to win 10 pips a day, you have come
How to win 10 pips a day? Read More »
Understanding financial market movements can be challenging, but traders have developed various tools to make sense of price trends. One of the most insightful tools is the Elliott Wave Theory, formulated by Ralph Nelson Elliott in the 1930s. This theory claims that market prices follow a structured pattern influenced by the psychology of market participants.
Elliott Wave Theory: A Key Tool for Predicting Market Trends Read More »
In the Forex (foreign exchange) market, currency pairs are essential tools that allow traders to speculate on the value of one currency relative to another. A currency pair combines two currencies in a transaction, which is unique to Forex trading as it requires buying one currency while simultaneously selling another. This article will cover the
Currency Pairs are essential for Grasping the Mechanics of Forex Trading Read More »
The balance of trade (BOT) is a key measure of a country’s economic health, reflecting the interaction between exports and imports over a certain period. Simply put, it reflects the monetary difference between what a country earns from its exports and what it spends on imports. Understanding the balance of trade is essential for economists,
Balance of Trade 101: What Every Economist Should Know Read More »
