Trading the 24-Hour Market: When are the Best Times to Enter?  

Trading the 24-Hour Market: When are the Best Times to Enter?  
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Forex or currency trading can be quite intimidating for some, especially beginners. It is open 24 hours a day in 5 days a week across the globe. Being the world’s largest exchanged market averaging $5 trillion daily, says a lot about its liquidity and the endless opportunities that you can take.     However, a lack of […]

Will the Aussie Dollar Bounce Back Amidst Recession? 

Will the Aussie Dollar Bounce Back Amidst Recession? 
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Since the march sell-offs in March, some currencies had trouble recovering and some has risen drastically up until September. One of the countries that has seen its local currency rise is Australia with the Aussie dollar rising as much as 30% since the March sell-offs.  Per a recent CNBC report, “The Australian dollar has spiked […]

Three Types of Analysis to Help You as a Trader

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Being a profitable trader is very rewarding. The question is, how do traders’ profit from the market, aside from learning different strategies such as the 180 Phaser, Trend Wave, and Pip Runner?     Here we will discuss the three types of analysis that traders incorporate with the strategies that help them spot a high probability trade and bag […]

Recovering from Losses During the COVID-19 Pandemic – Here’s How You Can Start Doing It  

Recovering from Losses During the COVID-19 Pandemic – Here’s How You Can Start Doing It  
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At these most trying times, losses are becoming a part of our lives. We have witnessed a massive layoff rate, businesses closing down, financial markets crashing, and economies collapsing with the global recession caused by the COVID-19 crisis.   We can consider uncertainty as to the “new normal” now. The impact of the pandemic has changed […]

US Dollar Strengthens Against Asian Currencies

US Dollar Strengthens Against Asian Currencies
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The dollar strengthens on Friday morning in Asia upon the release of jobs data. This data could shed some insights on the quality of economic recovery in the United States despite the Fed’s lowering of interest rates for a more extended period. Investors may have looked into the dollar as a haven once again.   The […]

Forget About Trading on High Impact News: Here’s Why 

Forget About Trading on High Impact News: Here’s Why 
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When you have a trading strategy and read about high impact news that could potentially affect the market sentiment, what do you do? It could be something related to Non-Farm Payrolls (NFP), Reserve Bank of Australia (RBA) Rate Statement, or Fiscal Stimulus Policy. Some stick to their trading plan, while others immediately change their position […]

Greenback Gains Momentum on Virus Fears, Weak Chinese Growth

Greenback Gains Momentum on Virus Fears, Weak Chinese Growth
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As we have already covered on many occasions here on this blog, the US dollar (USD) – also known as “the greenback” – has been rising steadily now for well over two years. In particular, this has been true against the Australian dollar (AUD), which has seen a rather prolonged sell-off, frustrating Australian consumers but […]

Bitcoin Rallies Again Following Bullish Chart Pattern

Bitcoin Rallies Again Following Bullish Chart Pattern
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Bitcoin (BTC) is one asset we don’t touch on all that often here on this blog, but we’re going to make an exemption this week The fact of the matter is that even though most of our traders are active in the traditional forex market only, the skills they learn can be applied anywhere. And […]

Forex Trading Opportunities in February

Forex Trading Opportunities in February
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After the first month of 2020 has passed, it’s time to take a look back to see how our predictions for January worked out. Remember that trading is all about continuous work and improvement, and reviewing our past trades is therefore an important part of it. Although it is of course fine to take a […]

Swiss Franc Soars to Over 2 Year High – What Does It Signal?

Swiss Franc Soars to Over 2 Year High – What Does It Signal?
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The Swiss franc, perhaps the best-known safe haven currency among them all, has soared to new highs not seen since early 2017 against the euro, and highs not seen since September 2018 against the US dollar.  So, what is happening here, and why is this traditional safe currency haven so popular even when the US […]