PA Market Report: Overview (August 22 – August 26) & Upcoming Events August’22
August 22, 2022 PBoC Interest Rate Decision (CHF) Under the authorization of the People’s Bank of China (PBC), the National Interbank Funding Center (NIFC) announced the Loan Prime Rate (LPR) on August 22, 2022 as follows: the one-year LPR is 3.65% and the above-five-year LPR is 4.3%. The rates are effective until the next release….
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The Top 3 Gold Trading Strategies
Gold trading is perhaps the most difficult trading instrument to earn a profit from since it moves less frequently than other commodities and currency pairs. It is the oldest and most trusted currency as well. Nevertheless, one may still profit from this market with the appropriate trading strategy. As it does not move so frequently,…
PA Market Report: Overview (August 15 – August 19) & Upcoming Events August’22
August 15, 2022 Empire State Manufacturing Survey (NZD) According to the August 2022 Empire State Manufacturing Survey, New York’s business activity fell substantially. General business conditions fell 42 points to 31.3. New orders, shipments, and unfulfilled orders fell. Delivery times stabilized…Read More… China’s consumer and factory data (CNY) The National Bureau of Statistics said Monday…
5 Effective Tips and Tricks For Forex Trading
The best traders develop their skills through practice and discipline. They also carry out self-analysis to see what fuels their trades and how to completely remove fear and greed from the equation. These are the qualities that any forex trader should develop. Determine your trading style and objectives Before starting on any journey, it’s important…
Top 5 Forex Trading Guide for Beginners 2022
Forex Trading: The Basics Explained In Simple Terms by Jim Brown THE COMPLETE GUIDE TO FOREX TRADING by PriceAction Ltd. Japanese Candlestick Charting Techniques by Steve Nison Forex For Beginners: What You Need To Know To Get Started And Everything In Between by Anna Coulling Day Trading and Swing Trading the Currency Market by Kathy…
PA Market Report: Overview (August 1 – August 5) & Upcoming Events August’2022
August 1, 2022 S&P Global Eurozone Manufacturing PMI® (EUR) The eurozone manufacturing sector fell deeper into contraction at the start of the third quarter, with July PMI® data signalling the sharpest decline in production since the initial wave of strict COVID-19 lockdowns in May 2020. The downturn strengthened amid a reduction in new orders which,…
Scalper vs Day Trader
The Commonality Between Scalper and Day Trader 1. Both do not hold trades over the night. 2. Both can trade in most of the available trading instruments in the market. 3. Both require excellent grasp of money and risk management strategies. The Difference Between Scalp Trading and Day Trading Scalper Day Trader Hold the trade…
PA Market Report: Overview (July 25- July 29) & Upcoming Events August’22
July 25, 2022 Russia’s Gazprom Update: Russia is not interested in a complete gas supply cutoff to Europe. However, It Halts One More Engine At Nord Stream 1 Gas Pipeline. Gas Flows To Decline To 33 Mln Cubic Metres Per Day Via Nord Stream 1 From July 27. EUR/USD Outlook (All) EUR/USD moved between gains…
What are the Types of Forex Traders in the Market?
Scalper Day trader Swing trader Position Trader News Traders Scalper Day Trader Swing Trader Position Trader News Trader
PriceAction Ltd. Market Report (July 18 – July 22) & Upcoming Events, July’22
Jul 18, 2022 CPI q/q (NZD) Jul 19, 2022 Russia Restarts Nord Stream 1 gas Flows (ALL) After a 10-day shutdown, the Russian-led gas pipeline operator Nord Stream resumed pumping gas through the Nord Stream 1 pipeline to Germany on Thursday morning, initially quelling Europe’s concerns that the maintenance period would be extended. In the…