Identifying Strength and Weakness in the Market 

Identifying Strength and Weakness in the Market 
By No Comments

We all know that the market does not move in one straight line. You can notice that it’s a pattern of upward and downward movement. You can classify this pattern as:    Trending Move  Retracement Move    Let us further discuss this movements in the market and use it to our advantage.    Trending Move  […]

The Beginner’s Guide to Price Action Trading: Moving Averages and Candlestick Patterns 

The Beginner’s Guide to Price Action Trading: Moving Averages and Candlestick Patterns  
By No Comments

Since our last discussion on our previous article on the beginner’s guide to price action trading, we will now continue to tackle about other strategies that can help you in price action trading.   Now that you have learned the big picture of price action trading, understand where to place your trades on support and resistance as well as […]

Josh Frydenberg reveals $85 billion deficit 

Josh Frydenberg reveals $85 billion deficit 
By No Comments

Treasurer Josh Frydenberg has causally revealed the biggest deficit in Australian history, showing the true cost of the pandemic.  The budget deficit is an eye watering $85.3 billion in 2019-2020 or 4.3 percent of GDP.  “This is half a billion improvement from what was estimated in terms of the deficit, but a $93 billion deterioration […]

The Beginner’s Guide to Price Action Trading: Introducing Price Action Trading 

The Beginner’s Guide to Price Action Trading: Introducing Price Action Trading 
By No Comments

What is Price Action Trading? This is a method or a strategy that is used by traders. This relies on historical prices (open, high, low, and close) to help traders make better trading decisions. Price action tells you what the market is doing without the need or help of too many indicators or algorithms that make […]

Australia’s Monthly Retail Turnover Figures dipped by Victoria’s Lockdowns

Australia’s Monthly Retail Turnover Figures dipped by Victoria’s Lockdowns
By No Comments

The country’s monthly retail turnover figures were damaged by the stage 4 restrictions in Melbourne, pushing trading conditions backwards.  The country’s retail trading condition takes a hit from the August second wave lockdown. From July to August, trading fell 0.4 percent nationally which is caused by the lockdowns in Victoria as shown by the retail turnover figures from […]

How to Easily Learn Forex Trading 

How to Easily Learn Forex Trading 
By No Comments

For beginners, it may be overwhelming whenever you hear trading jargons and such. With this, you start asking if trading is hard to learn and to do.   Forex is a fast-moving and accessible market with potential for rewards, but it is also suspectable for losses. Forex trading is not difficult to learn if you have the proper […]

Possible Improvement on Australian Employment Data as Virus Cases Drop 

Possible Improvement on Australian Employment Data as Virus Cases Drop 
By No Comments

Australian Prime Minister Scott Morrison eyes a possible outlook on employment data as virus cases are dropping while Australia prepares for a cautious reopening.   On Sunday, new virus cases fell to 14, said the state’s health department on Twitter. The local administration has set a benchmark for a slight easing on restriction on Sept. 28 […]

Nine Reasons To Trading Forex 

Nine Reasons To Trading Forex 
By No Comments

Ever wonder why lots of people are transitioning from traditional jobs to being a forex trader, especially during this pandemic?   24 hours/5 days a week open market – A trader doesn’t have to wake up at 6:00 am to go to work. You can trade any time of the day set your own schedule for trading.   […]

How Fast Can I Become a Forex Trader?

How Fast Can I Become a Forex Trader?
By No Comments

A number of people have been asking this question for quite some time now. Some think it is easy, while others believe it is too difficult to become one. The answer to this question is simple; the amount of time to become a forex trader comes down to individual circumstances. Always remember, the market is […]

Unemployment Rate in Australia Falls to 6.8 Percent 

Unemployment Rate in Australia Falls to 6.8 Percent 
By No Comments

Unemployment in Australia has surprisingly improved, shaking off fears that Victoria’s COVID-19 lockdown would cause more people to be unemployed.  Unemployment fell to 6.8 percent in August, with the total number of unemployed people falling by 87,000 over the period, shown by latest labour force statistics by the Australian Bureau of Statistics.  In July, unemployment reached a 22-year high […]