Forex Trading: Risky business or wealth generating?

Foreign Exchange Market or Forex, in short, the currency market, offers traders great profit opportunities. However, trading requires profound knowledge and experience, as trading the foreign exchange market involves a high level of risk. Currency trading has a long history, and the Foreign exchange market was already traded in ancient Greece: At that time, Middle Eastern traders exchanged currencies to …

What are stock market indices?

Stock exchange indices refer to a specific, precisely defined stock exchange segment. Depending on the segment, the stock market index may be a sector index, a commodity index or a bond index. However, the best-known stock market indices are the stock market indices. Stock indices bundle shares of different companies according to specific criteria. This makes it easier to look …

Record hunt continues after approaching in US-China customs dispute

NEW YORK (dpa-AFX) – Wall Street should resume its record chase at the beginning of this week’s trading as a result of the rapprochement in the US-Chinese trade dispute. On Monday, about three-quarters of an hour before the start of trading, the broker IG rated the leading US index Dow Jones 0.94 per cent higher at 26,850 points. At their …

Equities Europe: Profits – Trump and Xi Jinping create a good mood

PARIS/LONDON (dpa-AFX) – The rapprochement in the US-Chinese trade dispute has given Europe’s stock exchanges a friendly start to the week. For the first time since early May this year, the leading European index managed to jump back above the 3500 mark. Most recently, the leading European index EuroStoxx 50 was 0.87 per cent higher at 3503.89 points. Semiconductor and …

Currency EUR – Monday, July 1st 2019

FRANKFURT (dpa-AFX) – The euro was roughly stable on Monday, July 1st 2019. In midday trading, the common currency cost 1.1350 US dollars. Initial losses were almost completely offset. The European Central Bank (ECB) set the reference price at 1.1380 dollars on Friday afternoon. The US dollar gained some ground, which temporarily put pressure on the euro. After the declared …

Oil prices rose sharply

NEW YORK/LONDON (dpa-AFX) – Oil prices rose sharply on Monday. At noon a barrel (159 litres) of the North Sea variety Brent cost 66.39 US dollars. That was $1.65 more than last Friday. The price for a barrel of the American West Texas Intermediate (WTI) grade increased by 1.51 dollars to 59.98 dollars. On Monday, July 1st 2019, negotiations began …

Reserve Bank of Australia lowers key interest rate to 1%

Tuesday, 2 July 2019. The Head of Australian economics at ANZ bank, David Plank, points out that the RBA has delivered the second of the two rate cuts assumed in its May forecasts. Key Quotes: “The reasons for the rate cut are exactly as in June: The decision to lower the cash rate will help make further inroads into the …

Ichimoku: the final guide 2019

All About Ichimoku So here we are and we are going to get into the Ichimoku System. We’re going to start breaking this down and then we’ll start getting into the trading system, the trading styles, all important factors and we’ll go from there. Now, let’s get started! Ichimoku Kinko Hyo: This system was developed by the Japanese journalist . …

The Midweek Reversal and Trend Continuation

In in this section, we’re going to look at the midweek reversal and also the trend continuation. What this refers to is in our last lesson you learnt that after three levels of rising or three levels or fall smart money will tend to do one of two things. They will either reverse the prior trend after a stock hunt …

Currency Correlation and Stock Hunts

CURRENCY CORRELATION AND STOCK HUNTS In this section, you’re going to learn a potent technique that would allow you to confirm that a stock one has taken place and also increased the probability of thriving trade and we do this through the use of currency correlation and stock hunts. So identifying correlation within the price section of two or more …