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K-Cross Strategy Bearish Entry

Ichimoku Strategy #2 – K-Cross, The Day Trading Strategy

The Kijun-Sen Crossover (Crossunder) Strategy is the second in my series over Ichimoku Kinko Hyo. There are two trades setups provided for the long and short side of a market.

USD/JPY Double Bottom and MACD Crossover – Quick Update on Signal! 

The USD/JPY currency pair broke its previous session consolidation range near 106.70-75 region and rose above 107.00 level mainly due to the risk-on market sentiment, which undermined the safe-haven Japanese yen and contributed to the currency pair gains. On the flip side, the broad-based US dollar edged lower on the day backed by the lack of safe-haven demand in the market kept a lid on any additional gains in the currency pair. 

AUD/USD Violates Upward Channel – Brace for a Buying Trade 

The AUD/USD pair was closed at 0.75350 after placing a high of 0.75296 and a low of 0.74254. The Australian Dollar rose to its highest level in two and a half year as investors started to bet on a successful vaccine roll-out and improving global growth. The risk-sensitive Aussie gained as much as 0.8% on Thursday and rose to its highest since June 2018 as the market's risk sentiment improved. The pair AUD/USD has gained about 6.8% this year as a rebound in China's economy has boosted China-proxy Australian Dollar demand.

Trading Quotes To Help Focus Your Mind

You often see quotes thrown about the place that sounds really wise or helpful, but a lot of people throwing them out there are...

Daily: New Episode of Trade War, Brexit Negotiations, U.S & South...

  NEWS COMMENTARY     U.S. President Donald Trump and South Korean leader Moon Jae-in will meet in New York on Monday to discuss how to move forward on a

eDeal FX Review

eDeal FX is a Saint Vincent and the Grenadines based foreign exchange broker. Their vision is to become one of the best forex brokers...

The Forbidden Truth About Trading Mindsets as Revealed By An Old...

Thinking about forex trading in the right way is central to doing forex trading in the right way, yet it isn’t discussed nearly enough....

Forex Wings Review

Forex Wings is a forex broker situated in St. Vincent and the Grenadines, their goal is to allow traders to become profitable by utilizing...

Transformation of the Trading World Through Jack Bogle ETFs

Mahatma Gandhi said that when you try to change the world first they don’t notice you, later they laugh at you, and then they...

Daily Market Update: Cancellation of the US-North Korea Summit, GB Second...

  News Commentary The market reacted to the news that U.S. President Donald Trump decided to cancel a planned summit with North Korean leader Kim Jong Un. “I have decided

Price Action Trading: Let it go

The Engulfing Candle is considered one of the most influential candles to indicate a trend reversal. Price action trading is closely related to identifying trend reversal for which price action traders give value to engulfing candles a lot. In today’s lesson, we are going to demonstrate an example of an engulfing candle, which does not work in favor of the traders. We try to find out the reason behind that.

SQN in Forex Trading Systems

When you’ve made up your mind to participate in trading, you should focus on conducting a comprehensive and in-depth study of how your trading...

Gold Signal Closed In Profit – Quick Update Today! 

The safe-haven-metal prices failed to maintain its previous day gains and dropped to $1,730 from $1,740, the highest since June 02 while representing 0.35% losses on the day as the broad-based U.S. dollar recently took a U-turn from the multi-day low backed by the fresh US-China tussle and contributed to the yellow-metal losses as they both have an inverse relationship. On the other hand, the risk-off market sentiment triggered by fresh conflict between US-China turned out to be one of the key factors that kept a lid on any additional losses in the gold.  

GTForex Review

As a Forex Trader, Get Used To Being Wrong

Trading is a game of probabilities, ultimately you will either get something right or you will get something wrong, when we look for trading...

Daily F.X. Analysis, October 01 – Top Trade Setups In Forex...

On the news front, the eyes will remain on the series of services PMI figures from the Eurozone and the U.K. Most of the data is expected to be neutral; however, the U.S. Unemployment Claims and Manufacturing PMI will be the main highlight of the day. Claims are expected to perform better, while the ISM Non-Manufacturing PMI is expected to report negative figures. Mixed bias prevail for the U.S. dollar today.

USD/CHF Violates Descending Triangle Pattern – Brace for a Sell Signal! 

During Wednesday's trading session, the USD/CHF currency pair failed to stop its previous-day bearish bias and remained pessimistic around below the 0.8900 level. However, the reason for the bearish tone around the currency pair could be associated with the broad-based U.S. dollar weakness. The U.S. dollar was being pressured by the optimism over the potential vaccine for the hazardous coronavirus infection, which urges investors to retreat from the safe-haven assets. 

Acetop Financial Limited Review

Acetop Financial Limited was formed in 2016 and is authorized and regulated by the Financial Conduct Authority (FCA). They are based in London and offer forex, CFD and spread betting services. Acetop has the vision to be recognized across the industry as the most trusted provider of trading serviced with an unparalleled commitment to offering first-class service. In this review, we will be looking at different aspects of what Acetop provides to see if they can live up to their visions and so you can decide if they are the right broker for you.

Bullish Gold Heads for 61.8% Retracement – Weaker Dollar In Play! 

On Wednesday, the precious metal gold expanded after softer-than-expected U.S. economic figures which hiked concerns about global economic growth. Alongside this, it also raised chances of additional interest rate reductions

Forex Trading: Expectations vs. Reality – Part One

When you tell someone about trading and forex, what do you tell people? Most likely you are telling them all the best things about trading, these good reasons are the reason why you trade in the first place after all. These stories that you are telling other people are what is creating an expectation in them of what trading and forex actually are. If you look anywhere on the internet, there will be people talking about forex and how much you can make, how easy it is, and how life-changing it is, very rarely do you hear horror stories or the opposite feelings. This creates a certain expectation from people outside of the trading circle, expectations that do not really match up to the reality of what trading is and what it involves. We are going to be looking at what some of the realities are when compared to the expectations that a lot of people have and seeing whether the general expectation is right, or if reality is completely different.

Negotiations Between US-China Support Indices Advances

FINANCIAL MARKET UPDATE TODAY Hot Topics: Indices continue soaring boosted by US-China negotiation progress. UK Government seeks to pay its national debt. The price action between EURUSD and USDCHF show

How to Become a Successful Forex Trader

Becoming a successful Forex trader is a great goal to have, although the intimidation of learning the ropes and investing real money into a...

Caveo Review

According to the website, Caveo has been operating for almost a decade, since the year 2010. Cavio Financial Brokerage Company operates under license No. MM/2137/2010 and is regulated by the

Daily F.X. Analysis, April 07 – Top Trade Setups In Forex...

On the forex front, the ICE U.S. Dollar Index was little changed on the day at 100.79. On Tuesday, eyes will be on the series of low impact economic events from the Eurozone, U.K., and U.S. economy, but these may not drive major price action in the market. So we should focus on the technical side of the market. The German Federal Statistical Office will report February industrial production (-0.9% on month expected).

How to Successfully Trade Forex Part-Time

Forex trading can be a lucrative investment with knowledge and dedication, however, it’s no secret that you actually have to invest time into learning...

Fibonacci Extension: How It Helps Traders

In today’s lesson, we will demonstrate an example of an H4 chart that makes a breakout heading towards the North. However, the chart does not offer entry. We try to find out the reason behind it.

Exclusive Capital Review

Exclusive Capital is an online FX and CFD broker that offers leveraged trading on several different asset classes, including FX, commodities, cash indices, ETFs, and stocks. The broker is located in Cyprus and fully regulated by the Securities and Exchange Commission (CySEC), making them more trustworthy than many of their unregulated competitors. The company has a commitment to provide the best customer service while providing maximum safety and security when handling their client’s funds. If you’re in the market for a broker, stay with us to find out whether that search can come to an end with this option.

The Most Pervasive Problems in Forex (#2 Might Surprise You)

From the outside, trading and forex look like a pretty green field, full of people getting rich, and everything going really well. When we...

Overbought Gold Retraces Back – Is It Worth Buying?

During Wednesday's Asian trading session, the yellow metal prices extended their bullish overnight rally and remained well bids around above the $1,850 level. Let me remind you that the bullion prices surged more than $20 an ounce for their biggest one-day gain in a week. However, the bullish sentiment around the gold prices was being supported by the weaker U.S. dollar as the price of gold is inversely related to the price of the U.S. dollar. 

USD/CAD Sideways Trading Continues – Brace to Capture Breakout! 

A day before, the USD/CAD opened at 1.28497, and it has placed a high of 1.28602 and a low of 1.28277 so far. The USD/CAD pair dropped on Monday amid the US dollar's weakness and the rising crude oil prices. The USD/CAD pair dropped on Monday on the first day of the new trading week as the market's risk sentiment was improved and supported the risk perceived Canadian Dollar. The risk sentiment in the market was high due to the latest Brexit trade-deal optimism and was further supported by the news of the US stimulus bill.

Fundamentals of Elliott Wave Theory – Part 3

Until now, we have defined two kinds of waves, motive and corrective. In this article, we will introduce the concept of "degree," which will help us in the process

Daily November 08– Major Trade Setups – Risk on Sentiment Dominates 

The United States and China trade deal optimism supported the risk-on markets and came to a massive increase in the US Treasury yields, sent the greenback higher. A report came

Daily market overview: New Zealand CPI rose

  News headlines The consumer's price index rose 0.5% in the three months, while annual inflation was 1.1% The result was higher than expected with 0.4% The Reserve Bank has

Daily F.X. Analysis, November 27 – Top Trade Setups In Forex...

The U.S. Dollar Index was little changed on Tuesday, closing relatively flat on the day at 98.25. The euro gained 0.1% to $1.1022. The German GfK Consumer Confidence Index edged

Evolve Markets Review

Evolve Markets is a crypto oriented, unregulated, STP model, an offshore broker with an exemplary image. It is hard to trust crypto-only brokers, especially...