About: anakin
Recent Posts by anakin
Week Ahead: Markets to Focus on RBNZ Rate Statement and US Retail Sales
Important economic events will have a significant impact on the forex market this week. Keep an eye out for the Reserve Bank of New Zealand’s (RBNZ) Rate Statement and the US data for retail sales. This information could greatly influence the markets, so it’s crucial for traders to be cautious and stay on top of Continue Reading
From “Tulip Mania” to modern markets: How to trade soft commodities
In the 17th-century Dutch Golden Age, a mesmerising phenomenon called “Tulip Mania” took centre stage, forever changing economic history. Tulips, normally beloved for their beauty, became the focus of an astonishing speculative bubble. Prices soared to unimaginable heights, with a single rare bulb fetching the value of a grand house in Amsterdam. Enthusiastic investors rushed Continue Reading
Unveiling the power of technical analysis: A forex trader’s strategic edge
In ancient Japan, there was a brilliant rice trader named Munehisa Homma. He had a unique talent for predicting future price movements in the rice markets. How did he do it? Well, he closely observed market prices and studied the emotions of fear and greed among traders. This keen observation led him to create something Continue Reading
Week Ahead: All Eyes on US Consumer Price Index and Producer Price Index
Several key market events are expected to influence the financial markets this week. Specifically, the highly awaited US Consumer Price Index and Producer Price Index will be released. In light of these crucial announcements, we advise traders to approach their trading preparations with caution, considering the potential for heightened market volatility. Here are some key Continue Reading
Margin forex trading: How to harness leverage for financial growth
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
