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Currency

When emotions get in the way of trading success – Part 1

04 Oct 2020 @ 00:24
Guinness World Records documents a chimpanzee named Raven (Raven the chimpanzee), who became the 22nd most profitable funds manager in the United States. She picked her stocks by throwing darts at 133 online companies. According to the Records, the chimp created her own index, dubbed MonkeyDex, and in 1999 delivered a 213 per cent gain, […]
 

The ultimate secret to everlasting success in the markets

04 Oct 2020 @ 00:06
WHEN THE MARKET BECOMES INTRACTABLE Especially in the short-term, anyone can make money in the market. However, beating the markets consistently and for the long-term is what most traders find difficult. While trading management and risk control tools are present for prudent traders to employ, they are not the ultimate secret. You can use a […]
 

Bitcoin Strengthens Correlation With Stock Market

25 Sep 2020 @ 16:51
Over recent days, Bitcoin (BTC) has been forging a strong correlation to the equities market once again and it has been observed that this occurs usually when global uncertainty is rife. Currently, investors are wracked with fears over the dwindling prospects of second domestic stimulus measures in the US, coupled with the weaning possibility of […]
 

Ethereum (ETH) Price Analysis: Battles the Resistance at $390, Eyes the High at $420

25 Sep 2020 @ 16:41
Key Highlights Ethereum has a fresh target price of $420 The coin is still battling the resistance at $390 Ethereum (ETH) Current Statistics The current price: $381.78 Market Capitalization: $43,016,171,550 Trading Volume: $12,067,100,125 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 20, 2020 From the rejection at […]
 

Is there anything good about loss?

20 Sep 2020 @ 08:48
We trade to make profits, and therefore we hate losses and like profits. However, when we put losses in proper perspective, we would see it as occasional blessings in disguise. Losses can be a good thing if they make you evolve into a better and more effective trader. You will then be able to trade […]
 

Chainlink (LINK) Price Analysis: LINK Continues Its Bearish Pattern, May Drop to $4 Low

20 Sep 2020 @ 08:42
LINK price making a series of lower highs and lower lows The market may fall to $4 low if the support at $9.50 is breached Chainlink (LINK) Current Statistics The current price: $11.01 Market Capitalization: $3,853,295,393 Trading Volume: $1,244,310,906 Major supply zones: $18.00, $20.00,$22.00 Major demand zones: $8.00, $6.00, $4.00 Chainlink (LINK) Price Analysis September […]
 

Forex Leverage 101: Everything You Need To Know

17 Sep 2020 @ 09:33
Leverage in foreign exchange trading can be either a curse or a blessing in disguise. Simply put, leverage refers to capital provided by a broker to a trader to use at an interest-free rate or for a very small fee. Leverage in trading is often calculated as a multiple on a trader’s deposit in their […]
 

USDCHF Sustains Selling Bias Towards Sub 0.9100 Level As the US Dollar Stays Under Pressure

11 Sep 2020 @ 11:10
USDCHF Price Analysis – September 11 USDCHF drops beneath 0.9100 level, down 0.25% on a day, during the European session on Friday. The USDCHF pair sustains selling bias falling sharply for the third day in a row. The Swiss franc holds onto recent strength after the ECB meeting as the US dollar stays under pressure. […]
 

EUR/GBP Resumes Uptrend, May Break Above Level 0.9250

11 Sep 2020 @ 10:13
Key Resistance Levels: 0.9200, 0.9400, 0.9600 Key Support Levels: 0.8800, 0.8600, 0.8400 EUR/GBP Price Long-term Trend: Bullish The EUR/GBP pair is on an upward move since September 3. The price has broken level 0.9150 and reached a high of level 0.9250. The price reached the overbought region. Sellers may emerge to push prices downward. In the trend […]
 

Things You Must Know About Foreign Exchange Brokerage

09 Sep 2020 @ 13:52
Foreign exchange is the largest financial market globally, with over $4 trillion traded every day. There is no central market for forex trading. The brokers connect the traders to the trading markets. Due to the volatility of the market, you stand to make high profits or great losses if you are not a diligent trader. […]
 
 
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