Trade Forex Forex and Commodities News
Today, was the 2nd day of our Explosive Growth Mentoring Series. In this short lesson, Casey talks about a key lesson that he encountered during today’s live trading “When to Take Profit” along with some future analysis and planning for potential future trades. This is […]
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January, 2016
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17 January
20 things you need to be a successful trader
Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market. 1. Know yourself. Define your risk ...
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17 January
Gold up for the day, down for the week
Gold advanced on Friday, reversing previous day’s decline, as another wave of risk aversion lifted the metal’s appeal as safe-haven. Stocks fell sharply across the globe and oil hit fresh 12-year lows following a short-lived bounce the previous day. Against this backdrop, the yellow metal gained 1.5% and to finish ...
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17 January
Chinese data and crude oil prices to drive market sentiment – Lloyds Bank
Analysts from Lloyds Bank noted that the coming Chinese data and crude oil price movements are likely to continue to drive market sentiment and they raise a question: Are China growth concerns overdone? Key Quotes: “Despite relatively upbeat Chinese December external trade data, global equity markets, benchmark bond yields and ...
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17 January
EUR/GBP posts eighth consecutive weekly gain
The euro finished the week among the top performers in the currency market boosted by risk aversion; the pound, on the other side, dropped sharply amid fears of Brexit and a slowdown in the UK economy. EUR/GBP rose more than 300 pips since the beginning of the year and it ...
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17 January
EUR/USD consolidates gains but remains limited by 1.10
Risk aversion continues to support the euro. EUR/USD rose again to test daily highs but after reaching 1.0982 pulled back again toward the 1.0950. Stocks in Wall Street extended losses. The Dow Jones is falling 3% and the Nasdaq 3.55%. During the last hours the pair has been hovering between ...
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16 January
US State Of The Union: Obama optimistic on the economy
During today’s State of the Union Address in the United Stated, President Barack Obama stressed to focus on the future, initially making mention to the necessity of fixing a broken immigration system, protecting kids from gun violence, equal pay for equal work, paid leave, and raising the minimum wage. On ...
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16 January
Oil ends the week below $30.00 a barrel
Crude fell more than 5% on Friday and dipped below $30 a barrel amid risk aversion and concerns that Iran will add to the supply glut. West Texas Intermediate crude for February fell 5.7% to settle at $29.42 a barrel on the New York Mercantile Exchange. It earlier scored a ...
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16 January
USD/MXN soars above 18.00, at new all-time-high
Another decline in crude oil prices and in stocks weakened further the Mexican peso. USD/MXN rebounded from 17.85, broke above 18.00 and jumped. It rose during all the American session and peaked at 18.32, the new record high. The pair is about to end the week near the highs with ...
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13 January
Learning From Adversity
This is my second week in the Explosive Growth Mentoring Series trading room. I’ve been experiencing explosive growth in my account for sure. I opened a small account last Tuesday afternoon just for this room and it has done so well that I added cash to […]
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