About: luna
Recent Posts by luna
Intermediate 5: Understanding Japanese candlesticks
What are Japanese Candlesticks? Candlestick charts are a popular tool used in technical analysis. They are often used to determine possible price movements based on past patterns, during both bull and bear markets. The concept originated in 1700 when a Japanese man named Honma Munehisa discovered that while supply and demand mainly determined the cost Continue Reading
Week Ahead: US Set to Release Its Empire State and Philly Fed Manufacturing Index
Key economic reports are due for release this week starting with the US Empire State and Philly Fed Manufacturing Index. Several countries will also release their Consumer Price Index, including the UK, Canada, and New Zealand. Australia will release its employment figures and meeting minutes earlier in the week. US Empire State Manufacturing Index (17 Continue Reading
Week Ahead: US Data to Focus on CPI, PPI, Retail Sales, and Consumer Sentiment
The US will release several key data items this week, including the inflation data reflected in the Consumer Price Index, the producer price index, and retail sales data. The preliminary consumer sentiment data reported by the University of Michigan and the minutes from the Federal Open Market Committee will also be released. Meanwhile, the UK Continue Reading
Intermediate 4: A guide to using moving average in predicting market turning points
Being a trader is not an easy job because you need to learn all the strategies necessary to help you make the right decisions on every trading day. One of these is knowing how to predict market turning points. Although the market can shift quickly, predictions will give you a better chance of getting good Continue Reading
Intermediate 4: A guide to using moving average in predicting market turning points
Being a trader is not an easy job because you need to learn all the strategies necessary to help you make the right decisions on every trading day. One of these is knowing how to predict market turning points. Although the market can shift quickly, predictions will give you a better chance of getting good Continue Reading
