PriceAction LTD. Market Report
Market Report (October 10 – October 14) & Upcoming Events October’22 October 10, 2022 Ukraine’s Zelensky’s office was destroyed by a missile strike | Launched massive attack on Ukrainian military command, communications and energy systems Twitter Germany backs joint EU debt for loans to tackle energy crisis October 11, 2022 Claimant Count Change (GBP)…
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How to Use Technical Indicator RSI in Forex
The Relative Strength Index(RSI) is usually used to detect when the market is overbought or oversold. The RSI can be used to make an intraday forex trading strategy that takes advantage of signs that a market has gone too far and is likely to go back in the other direction. What is the RSI? The…
PriceAction LTD. Market Report
Market Report (October 3rd – October 7th) & Upcoming Events October’22 October 03, 2022 CPI m/m (CHF) The consumer price index (CPI) fell by 0.2% in September 2022 compared with the previous month, reaching 104.6 points (December 2020 = 100). Inflation was +3.3% compared with the same month of the previous year. These are the results…
5 Questions You Must Ask Yourself Right After a Losing Trade to Minimize Its Psychological Impact
Among some of the biggest hurdles that a trader must encounter in their trading journey is overcoming the losses, both mentally and emotionally. This is something that can’t be trained, even if every step of trading is done exactly as it needs to be.Losses do not necessarily have to be major. Even though the 1%-2%…
PriceAction LTD. Market Report
Market Report (September 19 – September 23) & Upcoming Events September’22 September 19, 2022 Payment System Report (Q2 2022) (CNY) According to payment statistics in Q2 2022, the payment systems functioned smoothly across the country. Statistics, including the number of bank accounts, the volume of non-cash payments, and the transaction volume in payment systems, generally…
Top 5 Forex Brokers of 2022
To enter into the trading world, the first step to take is to find the best and most suitable broker in the world. So do it; there are plenty of options on the market that provide good leverage, security, and profit potential.However, there are many things to consider when choosing the best brokerage. According to…
PriceAction LTD. Market Report
Market Report (September 12 – September 16) & Upcoming Events September’22 September 12, 2022 GDP 3-Month Avg (GBP) Monthly real gross domestic product (GDP) is estimated to have grown by 0.2% in July 2022 (Figure 1) following a fall of 0.6% in June 2022. For more information on June 2022, please see the Monthly GDP…
Basic Knowledge of Commodity Trading
Commodities are basic goods that can be used to make other things. They are the recyclables of the economy. Gold and silver are examples of hard commodities. On the other hand, crops and animals are examples of soft commodities. Since commodities are the backbone of an economy, price changes can have a big effect on…