Trading Quotes to Help You Focus In the Game 

Trading Quotes to Help You Focus In the Game 
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A profitable strategy is only a part of being a consistent forex trader. The other part is the way on how you execute these strategies.  If you feel like you are not in the mood to trade today, here are some lists that will help you keep your head in the game.  These are some […]

China Demands Australia to Make Amends  

China Demands Australia to Make Amends  
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  China blames Australia for the souring of the relationship between the two largest trading partners.  Australia must “face up” it has caused to its relationship with Beijing, foreign ministry spokesman Zhao Lijian says.  Scott Morrison stated that Australia would not be forced into “binary choices” between China and USA.  Australian ministers and officials are struggling to […]

How to Take Advantage of Changing Forex Market Themes 

How to Take Advantage of Changing Forex Market Themes 
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In everything we do, we should always be ready to embrace any changes that comes into our lives. Successful businesses, for example, create new products and services depending on the demands of the customers. Without it, the business will fail and competitors will see this as a weakness.  Changing isn’t easy. As a forex trader, […]

Australia Eases Lockdown Restrictions 

Australia Eases Lockdown Restrictions 
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Australia announced a further easing of control after recording no new infections for 23 consecutive days.  The state’s Premier Daniel Andrews announced the new rules which will be mandated on Monday. The lock down will be eased after a three-month restriction in Melbourne, Australia. It will be no longer required to wear masks and face […]

How to Improve Your Trading Confidence 

How to Improve Your Trading Confidence 
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Forex trading is one of the most difficult career paths to take. With a lot of uncertainties in the market, it takes great confidence and knowledge to survive in the forex market.  As we all know, there is no such thing as a sure-fire trading strategy to be profitable in the forex market. It is […]

Does Listening to Your own Instincts Help You Become a Good Forex Trader? 

Does Listening to Your own Instincts Help You Become a Good Forex Trader? 
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When it comes to forex trading, we often mention that making sound decisions in trading and getting rid of emotions when trading is most important.   What if your instincts are telling you something important but you quickly disregarded it, and later on when you checked the charts again, you realized that if you listened to […]

Australian unemployment reached 7 percent 

Australian unemployment reached 7 percent 
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Australia’s unemployment has risen to 7 percent, with 25,000 Australians now looking for a job.  In October, unemployment rose to 0.1 percent as revealed by the latest figures from the Australian Bureau of Statistics compared with the previous month. It reflects the first month since the federal government tapered JobKeeper and JobSeeker payments.  Unemployment for the month of September […]

What is “Psychological Capital”? 

What is “Psychological Capital”? 
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In forex trading, we all know that it is important to have a substantial monetary capital to fund your account. However, it is also important build your psychological capital as an addition to your educational investment.  Whenever a trader experiences some losses and gives up after a few losing streak, the reason for quitting is […]

Pandemic Impacts Wage Growth in Australia 

Pandemic Impacts Wage Growth in Australia 
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As the coronavirus-induced recession retains, the wage growth in Australia is also being affected as it begins to stagnate.  The latest growth figures that is revealed by the damage caused by the coronavirus pandemic is starting to stagnate the wages of Australians even in the coming of peak seasons.   The Australian Bureau of Statistics showed […]

The Six Major Currencies  

The Six Major Currencies  
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The US Dollar   The first currency which is the US Dollar dominates the world foreign exchange. It is the base or universal currency to evaluate and other currency traded on forex. Most commodities like metal and oil are denominated in US dollars. Because of this, any fluctuation in supply and demand have direct impact on the US dollar value. US dollar is […]