In today’s Forex market, key events have led to notable currency movements. This article provides an analysis of these events, focusing on their impact on major currencies and offering insights for traders. Key Drivers in Today’s Forex Market Bank of Japan’s Policy Speculations The USD/JPY pair has seen a downturn amidst speculations that the Bank […]
Smart Money refers to the capital invested by traders with extensive experience, knowledge, and resources, often seen as the movers and shakers of the financial markets. Understanding how Smart Money operates can provide retail traders with insights into potential market movements and strategic entry and exit points. The following is a trade setup for the […]
March 07,2024 Forex Market Breakdown As March 7, 2024 wraps up here in Toronto, we take a look at todays complex Forex landscape shaped by various economic, political, and social factors. Staying ahead requires an in-depth understanding of market trends and the ability to decipher the signals within the noise. Major Forex Pairs Analysis EUR/USD […]
Trading FX or Crypto can often seem daunting and intricate, with initial costs such as brokerage fees, software subscriptions, and starting capital posing significant hurdles for newcomers. These financial barriers, coupled with the risk of losing one’s investment, can discourage many from entering the market. However, the advent of funded trading accounts has introduced a […]
Gann trading is a method of technical analysis that was developed by William Delbert Gann, a famous trader and market analyst who lived in the early 20th century. Gann trading is based on the idea that financial markets are cyclical and that prices move in predictable patterns. Gann traders use a variety of technical tools, […]
The Forex (foreign exchange) market is a global decentralized or over-the-counter (OTC) market for trading currencies. It’s not just about retail traders buying and selling currencies in the hope of making a profit; it encompasses a wide range of participants and operates on multiple levels. Here’s an overview of how the entire Forex industry works, […]
Forex trading, or foreign exchange trading, involves the buying and selling of currencies in the global market. It’s a highly liquid, 24-hour market that offers the potential for significant profits as well as losses. Success in Forex trading is not guaranteed, but with the right approach, knowledge, and strategy, it’s possible to make money. This […]
Here are ten potential forex trading strategies that you might consider using: Position trading: This involves taking a long-term view on a currency pair and holding positions for an extended period of time, often several weeks or months. Trend trading: This strategy involves identifying a trend in the market and then following it by buying […]
SP500 trade setup this morning! During today’s live session, we identified a simple SP500 trade setup with upside objectives that also fall in line with the US30 & NAS100 stock indices. We continue to dissect the Dollar index and relative currency strengths to give you the latest daily trade strategies. Don’t worry if you didn’t […]
A trade setup request on AUDNZD by a member has achieved the first take profit target! This is an important reminder why it’s profitable to tune in and ask questions about potential trade setups during the New York Live session at 9AM EST, every Mon-Fri. If you’ve got your eye on a potential trade setup, […]