An ETF is an exchange-traded fund. This type of investment vehicle pools money from many investors and invests it in various assets, such as stocks, bonds, or commodities. The goal of an ETF is to track the performance of a specific market index, such as the S&P 500 or the Dow Jones Industrial Average. ETFs […]
Category: News
The dollar is on fire, and the market is stumbling
Earnings data, as well as attention to the FOMC decision There’s no luck on one of the few issues that might rekindle affection 20, 100, and 200-Day SMA; ‘Wicks’ (Daily) of QQQ Nasdaq 100 ETF; Volume vs Price Chart of QQQ Nasdaq 100 ETF There were several top-tier primary occurrences and themes this past […]
Stocks fell amid worries about Omicron
Stocks fell on Monday, the start of a holiday-shortened week of trading, as investors considered new virus-related restrictions in other countries and worried that a significant social policy bill might be shelved. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite dropped more than 2% in intraday trading. Treasury yields declined as investors […]
3 Minimum-Risk Forex Trading Techniques that Work in 2021
Forex trading has become the most lucrative financial market in the world-trading almost $7 trillion every day! For new traders and pros alike, this market provides the opportunity to compete at the highest level, but only if you know what you are doing. For most people, the forex market is volatile, risky, and unpredictable. […]
Things Successful Forex Traders Do
Remember the saying, “Show me your friends I will tell you who you are”? It is true, one’s friends or the people you spend time with really define who someone is. It is about one’s behavior and the attitude one carries when doing what they do. The mindset that one has should not be an […]
How You Can Use Fibonacci Retracement with Trendlines
The Fibonacci retracement is defined as a technical indicator that identifies support and resistance levels. It has retracement levels of 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, and 100%. The Fibonacci retracements, unlike other indicators, cannot generate buy and sell signals directly. They instead act as guides alongside other indicators to make sound trading decisions. On […]
Common Forex Trading Mistakes
When one is new to a business, they tend not to be too confident in the undertakings of it. This may lead them to make errors once in a while communicating to a client or explaining how a product is beneficial. A client is won by knowing that the product they are buying is worth […]
How to Use Stochastic Oscillator to Create Your Forex Trading Strategy
It is a common trend to use a momentum indicator like stochastic oscillator to pinpoint potential trend reversals in Forex trading. Stochastic oscillator measures momentum by comparing the closing price to the trading range over a period of time. On the chart, stochastic oscillator is represented by two lines. There is the %K which is […]
Reasons Why Forex Traders Fail
When one ventures into a business, they get in having high hopes. There is always a future in someone one has ventured into. Unfortunately, it is not all businesses that are rosy. Sometimes people do it all right. They have the right capital, are in the right niche, and have targeted who is going to […]