Monthly Archives: July 2023
Margin forex trading: How to harness leverage for financial growth
Written on July 31, 2023 at 6:25 am, by anakin
Imagine you have $1,000 and want to invest in the foreign exchange market, commonly known as Forex. Traditionally, your $1,000 would only allow you to control a small trade size. However, with margin trading, you can now control a much larger position, say $100,000, with just a fraction of your own money. This means that Continue Reading
Diversifying beyond volatility: How to trade bonds?
Written on July 31, 2023 at 6:02 am, by anakin
Imagine this scenario: The stock market is experiencing wild fluctuations, cryptocurrencies are in a rollercoaster ride of ups and downs, and investors are feeling a sense of unease. However, in the midst of this turbulence, bondholders remain unfazed, enjoying the steady and predictable returns from their bond investments. Just like a lighthouse guiding ships to Continue Reading
Week Ahead: Markets to Focus on US Jobs Reports, RBA Rate Statement, and BOE Rate Statement
Written on July 31, 2023 at 2:59 am, by anakin
This week’s economic calendar features key events that will have a considerable impact on the markets. Major events include the US jobs reports, the Reserve Bank of Australia (RBA) rate statement, and the Bank of England (BOE) rate statement. Traders are advised to carefully prepare for potential market volatility triggered by these announcements and adapt Continue Reading
A comprehensive guide to fundamental analysis in forex trading
Written on July 24, 2023 at 1:33 pm, by anakin
Let’s say you are a Forex trader who is interested in trading the EUR/USD currency pair. You know that the European Central Bank (ECB) is scheduled to announce its interest rate decision tomorrow. The ECB’s interest rate decision is a major event that can have a significant impact on the value of the euro. Using Continue Reading
How to trade indices?
Written on July 24, 2023 at 1:17 pm, by anakin
Transport yourself back to the remarkable year of 1896, a time characterised by industrial revolution and transformative economic changes. Amid the bustling streets of New York City, the brilliant mind of Charles Dow sparked an idea that would send ripples through the financial world. With a mere selection of 12 carefully chosen companies, he crafted Continue Reading
Week Ahead: All Eyes on FOMC Meeting Minutes and ECB, BOJ Rate Decisions
Written on July 24, 2023 at 12:33 am, by anakin
This week’s economic calendar includes important events that can significantly impact the markets: the FOMC Meeting Minutes, as well as the ECB and BOJ Rate Decisions. Traders should be well-prepared for potential market volatility resulting from these announcements and be ready to adjust their strategies accordingly. Keep an eye on the following economic releases: German, Continue Reading
Notification of Server Upgrade – July 21, 2023
Written on July 21, 2023 at 9:19 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 22nd of July 2023 (Saturday) 02:00 – 07:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management will Continue Reading
How to trade coffee: A comprehensive guide
Written on July 18, 2023 at 4:08 pm, by anakin
The coffee industry, valued at over 100 billion US dollars annually, boasts a thriving global market and is regarded as one of the most highly traded and consumed soft commodities worldwide. Coffee trading presents lucrative opportunities for traders, as it can be influenced by various external factors, including the prices of other commodities. In this Continue Reading
Calculating pips with confidence: A practical guide for forex traders
Written on July 18, 2023 at 10:05 am, by anakin
Imagine you’re at a bustling street market in a foreign country, excited to exchange your currency for the local one. As you approach the currency exchange booth, you notice that the exchange rates are constantly changing. Every time you see the rates fluctuate, even by the tiniest amount, it affects the amount of money you’ll Continue Reading
Week Ahead: Markets to Focus on US Retail Sales and Canada, UK CPI
Written on July 17, 2023 at 4:06 am, by anakin
This week’s economic calendar features US Retail Sales figures, as well as inflation data from both the UK and Canada — all of which have the capacity to move markets significantly. Therefore, it is crucial for traders to be prepared for any volatility that may arise from these key announcements and adjust their approaches as Continue Reading
