Monthly Archives: October 2022
Week ahead: Will US, UK and Australia hike interest rates?
Written on October 31, 2022 at 12:51 am, by luna
The US Federal Reserve, Reserve Bank of Australia, and Bank of England have upcoming interest rate decisions scheduled throughout the week. New Zealand and Canada will release their Employment Change data, while the US will release its Non-Farm Employment Change figures. RBA Rate Statement – Australia (1 November) The Reserve Bank of Australia (RBA) increasedContinue Reading
Intermediate 8: How to use oscillator indicators
Written on October 26, 2022 at 2:05 am, by luna
Traders often seek indicators to help them determine when they should enter the market. A crucial piece of information for traders is an estimate of how far the market is likely to move before it reaches an area of congestion. The problem is that many traders spend their time waiting for the market to giveContinue Reading
Intermediate 8: How to use oscillator indicators
Written on October 26, 2022 at 2:05 am, by luna
Traders often seek indicators to help them determine when they should enter the market. A crucial piece of information for traders is an estimate of how far the market is likely to move before it reaches an area of congestion. The problem is that many traders spend their time waiting for the market to giveContinue Reading
Intermediate 7: How to set a correct stop loss and avoid stop hunting
Written on October 25, 2022 at 10:54 pm, by luna
In a field where many praise continuous movement, many forget that pushing back is also a strategy. As a trader, your capital is your most valued asset and once it’s gone, it’s never coming back. Thankfully, there are ways to cut your losses and protect your profits. With the right strategy, a Stop Loss canContinue Reading
Intermediate 7: How to set a correct stop loss and avoid stop hunting
Written on October 25, 2022 at 10:54 pm, by luna
In a field where many praise continuous movement, many forget that pushing back is also a strategy. As a trader, your capital is your most valued asset and once it’s gone, it’s never coming back. Thankfully, there are ways to cut your losses and protect your profits. With the right strategy, a Stop Loss canContinue Reading
Week Ahead: Possible Interest Rate Hikes from Central Banks
Written on October 24, 2022 at 2:39 am, by luna
This week, the Bank of Canada, the European Central Bank, and the Bank of Japan will announce their interest rate decisions, with expectations of possible rate hikes. Meanwhile, the US is scheduled to release its Flash Services PMI, Advance GDP, and Core PCE Price Index. The UK and Eurozone will also be releasing their PMIs.Continue Reading
VT Markets as the Gold Sponsor at Forex Expo Dubai 2022
Written on October 21, 2022 at 5:49 am, by anna
VT Markets, a regulated multi-asset broker, is determined to make its presence in the Middle Eastern market impactful and substantial amidst its global expansion plans. Forex Expo Dubai 2022 is the largest trading event happening on 19-20 October at the World Trade Center, Dubai. The 2-day event brought industrial leaders, business partners, experts, and tradersContinue Reading
Intermediate 6: 15 most popular candlestick patterns you should know
Written on October 19, 2022 at 4:37 am, by luna
Candlestick charts existed in Japan for a century before the West even created what we now know as the bar and point-and-figure charts. Steve Nison eventually introduced the candlestick pattern to the West through his book, “Japanese Candlestick Charting Techniques,” and it is still being used widely by traders around the world as one ofContinue Reading
Intermediate 6: 15 most popular candlestick patterns you should know
Written on October 19, 2022 at 4:37 am, by luna
Candlestick charts existed in Japan for a century before the West even created what we now know as the bar and point-and-figure charts. Steve Nison eventually introduced the candlestick pattern to the West through his book, “Japanese Candlestick Charting Techniques,” and it is still being used widely by traders around the world as one ofContinue Reading
Intermediate 5: Understanding Japanese candlesticks
Written on October 19, 2022 at 4:35 am, by luna
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 costContinue Reading
