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About: anakin

Recent Posts by anakin

Intermediate 10: Understanding Fibonacci

Fibonacci is one of the tools that Forex traders often use. Let’s figure out how the Fibonacci instrument works. Leonardo Fibonacci, a mathematician from the 1300s, came up with a set of numbers (0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.), with every number in the list the sum Continue Reading

Intermediate 9: Understanding Bollinger Band

What Is the Bollinger Band Indicator? A Bollinger Band is a technical analysis tool consisting of a set of trendlines drawn to two standard deviations (up and down) from the simple moving average (SMA) of an instrument’s price. Traders can change these trendlines to suit their needs. Bollinger Bands were made by the famous technical Continue Reading

VT Markets Clinches Three Awards for Their Outstanding Trading Platforms and Services

VT Markets, an international multi-asset broker, is showing great promise on the back of their separation from Vantage Group. They have recently clinched three awards by Global Business Magazine Awards for their exceptional trading platforms and services. VT Markets’ unique value proposition, in-depth market insights and thorough understanding of the market have rightly earned them Continue Reading

Week ahead: Will RBNZ continue to raise rates amid stronger domestic activities?

The Reserve Bank of New Zealand (RBNZ) raised its official cash rate in October by 50bps, its fifth increase since late last year. It follows a string of robust economic reports showing that domestic activities have strengthened. Will the central bank raise rates by another 75bps as forecasted? Here is a roundup of the latest Continue Reading

Fed Reserve: Future policy tightening is expected

US stocks advanced higher on Friday, regaining upside momentum and ended with a slight gain for the day after shrugging off Federal Reserve warnings that there was more policy tightening to come. Treasury yields rose again after hawkish comments from Fed policymakers as they reiterated their commitment to taming inflation down. St. Louis Fed President Continue Reading

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