About: anakin
Recent Posts by anakin
How to trade indices?
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
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
How to trade coffee: A comprehensive guide
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
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
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
