Monday, April 22, 2019

AUD/USD Bullish Channel Breakout - Fundamental and Technical Outlook!



Australia has a couple of quarterly releases on the card this week. The trend of the Australian dollar is heavily dependent upon these economic events. Will they be enough to underpin Aussie? Let’s find out…
Australia’s consumer prices only grew by 1.8% from a year ago in Q4 2018. I...


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AUD/USD Bullish Channel Breakout - Fundamental and Technical Outlook!

To Trade or Not to Trade on Holiday



 
The Forex market is known as the most liquid financial market. The market runs 24 hours a day and gets investors from all around the world. This is what makes it be the most exciting market to trade at; however, during holidays the market is not as exciting as it usually is because of...


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To Trade or Not to Trade on Holiday

Why Risk Management Is Key In Forex & How To Start Using It Right Now



Hello and Welcome to the ditto educational series that will provide you with the skills you need to become a forex trader!
What is a Risk-Reward Ratio and how does it apply to us?
The concept of risk and reward is a basic one! It is simply a ratio of how much you are willing to risk in any given...


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Why Risk Management Is Key In Forex & How To Start Using It Right Now

FX Market Overview, April 22 – Key Economic Events This Week



Markets found a bit of calm earlier than Easter with fewer storms and new hopes, particularly for a trade deal. What’s next? The primary unleashes of US GDP stands out as markets come back to business.
Here the highlights for the subsequent week.
US Existing Home Sales:
Monday, 14:00. Existing h...


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FX Market Overview, April 22 – Key Economic Events This Week

Sunday, April 21, 2019

Government Debt to GDP Ratio



Microeconomic Indicator in FOREX:
Government Debt to GDP Ratio
What is the Debt to GDP ratio?
Debt-to-GDP ratio is basically the ratio between the country’s total earning, i.e. GDP to its total debt. It is calculated by dividing total debt the nation has as of a particular year to that of its G...


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Government Debt to GDP Ratio

Government Debt to GDP Ratio



Microeconomic Indicator in FOREX:
Government Debt to GDP Ratio
What is the Debt to GDP ratio?
Debt-to-GDP ratio is basically the ratio between the country’s total earning, i.e. GDP to its total debt. It is calculated by dividing total debt the nation has as of a particular year to that of its G...


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Government Debt to GDP Ratio

Unemployment Rate



Microeconomic Indicator in FOREX:
Unemployment Rate
What is the Unemployment Rate?
Unemployment is defined as the situation, where people in the country do not have a daily job and are keenly looking for one in the past month. Employees who were laid off due to less availability of jobs and are...


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Unemployment Rate

Is Oil Group Losing Momentum? - Part 3



In our previous two posts, we’ve discussed Crude Oil and Brent Oil, two popular commodities for retail and professional traders alike. In this third and final part, we’ll review the Gasoline RBOB, probably very uncommon and unpopular to many traders, but it does not mean it is not...


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Is Oil Group Losing Momentum? - Part 3

Saturday, April 20, 2019

Is Oil Group Losing Momentum? - Part 2



In the first part of this three-part series posts, we review what means the sideways Crude Oil structure and what to expect for the coming days. In this article, we evaluate the Brent Oil situation applying the Elliott Wave Theory.
Brent Oil – Movements Delayed?
Brent Oil completed a...


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Is Oil Group Losing Momentum? - Part 2

Friday, April 19, 2019

Is Oil Group Losing Momentum? - Part 1



The Oil Group has been moving sideways during the last trading sessions, but the question is: is it losing momentum? In this three-part articles series, we’ll analyse the current situation and what to expect of Crude Oil, Brent Oil, and Gasoline RBOB.
Crude Oil – The Second Equal Leg...


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Is Oil Group Losing Momentum? - Part 1

Forex News Events That Shake The USD Pairs



Forex News Events That Shake The USD Pairs

Forex News Event, a thing that all the Forex traders need to care about. Usually, there are so many news events taking place on a trading day. However, traders do not need to care all news events equally. There are some news events that are called...


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Forex News Events That Shake The USD Pairs

MetaTrader 4 Basics Shortcuts and Tricks Part I



Downloading, installing, basic concepts, and optimizing tips
Hello, traders, this is a small guide to help you get acquainted with MetaTrader 4. We will show, also some nice and helpful tricks
Download and installation
You can download your MT4 directly from your broker’s web page. There you sho...


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MetaTrader 4 Basics Shortcuts and Tricks Part I

FX Market Overview, April 19 – Good Friday, Trading Activity Remains Thin!



Forex Market Overview
Beige Book – US Market Continues to Improve
According to a report released by the Federal Reserve, the United States administration proceeds to improve while having strong labor markets. The “Summary of Commentary on Current Economic Conditions,” better...


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FX Market Overview, April 19 – Good Friday, Trading Activity Remains Thin!

The Inflation Rate



Microeconomic Indicator in FOREX:
Inflation Rate
What is Inflation Rate? 
The increase in the cost of goods and services over time is known as Inflation. This means you will have to pay more for the same amount of goods and services consumed by you, compared to the previous years. The rate at wh...


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The Inflation Rate

Thursday, April 18, 2019

US Retail Sales Weights on Gold - Quick Technical Analysis



 
On Thursday the precious metal gold edged up recovering from near 4-month lows of 1,270. The bullish movement triggered after the economic data on eurozone businesses were under pressure reignited concerns about global growth, but a stronger dollar capped its gains.
Let us recall, the...


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US Retail Sales Weights on Gold - Quick Technical Analysis

EUR/JPY: Dramatic Fall In the EURO - Economic Events Disappoints!



There has been a sharp drop in the Euro crosses on the verge of worse than expected economic events. Many of the fundamental outcomes from the Eurozone missed their forecast, adding further pressure on the European Central Bank to keep monetary policy accommodative.
According to reports,...


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EUR/JPY: Dramatic Fall In the EURO - Economic Events Disappoints!

The Moving Average Convergence Divergence: MACD



Moving Average Convergence Divergence: MACD
The MACD is a superior derivation of moving average crossovers and was developed in 1979 by Gerald Appel as a market-timing tool.
MACD employs two exponential moving averages with different bar periods which are then subtracted, forming what Mr Appel ...


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The Moving Average Convergence Divergence: MACD

FX Market Overview, April 18 – Everything you Need to Know Today!



Forex Market Overview
The US stock market finished somewhat lower as a dip in healthcare shares overshadowed a series of positive corporate earnings. Moreover, upbeat economic data from the United States and China also supported the stock markets.
Quick Update on Chinese Policy & Economic...


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FX Market Overview, April 18 – Everything you Need to Know Today!

Wednesday, April 17, 2019

VISA and Coinbase Team Up to Release New Cryptocurrency Card



For quite a while now, the primary obstacle to the mainstream acceptance of cryptocurrencies has been the fact that retailers have not been willing to make the modifications required to accept these types of payments. Considering the challenges that significant variances in the rates within...


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VISA and Coinbase Team Up to Release New Cryptocurrency Card

IBEX 35 - Long-Term Outlook



The Spanish index Ibex 35 is running inside a long-term consolidation structure. In this analysis, we review the index sequence and how it can reach the previous highs reached in 2008.
The Big Picture
On the Ibex 35 monthly chart, we observe that it made five clear motive waves. The complete...


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IBEX 35 - Long-Term Outlook

Kraken Makes Good on Promise to Delist Bitcoin SV



It’s official. Bitcoin SV (BSV) is set to be delisted from Kraken, with the move based upon both voting and popular request. Kraken is currently the third key exchange service to delist Bitcoin, following the same move by Binance and Shapeshift. The push to delist the cryptocurrency...


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Kraken Makes Good on Promise to Delist Bitcoin SV

Timeframes And Trading Window Tricks - Maximize Opportunities With Overlap



Hello and Welcome to the ditto educational series that will provide you with the skills you need to become a forex trader!
Today we are talking about Time frames and trading windows, now these two subjects are not specifically linked but they are two good subjects that we can look at in this one...


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Timeframes And Trading Window Tricks - Maximize Opportunities With Overlap

Interest Rate



Microeconomic Indicator in FOREX:
Interest Rate
What is Interest Rate?
Interest rate is nothing but the fee that you are supposed to pay for the money you borrowed from the lender. Anyone can lend you money and charge interest, but it’s usually banks. Interest rate is generally expressed...


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Interest Rate

Silver - A New Rally Could Start Soon?



Silver is developing a corrective structure as an A-B-C pattern from the impulsive sequence started on November 2018, when found bottom at $13.860. From this level, XAGUSD has moved bullishly in five waves reaching the $16.200 in June 2018. We expect a new bullish leg which could start soon.
The...


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Silver - A New Rally Could Start Soon?

EURJPY Chart Analysis



This cross has been the main topic of conversation on the trading networks, as many people are stuck in a short position drawdown created by some EA’s entries. So, let’s analyze what the charts are telling us and see if it’s time to cut losses or let it go and decide later o...


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EURJPY Chart Analysis

Become An Expert On Candlesticks In 3 Minutes



Hello and Welcome to the ditto educational series that will provide you with the skills you need to become a forex trader!
This video is the beginners guide to candlesticks and will explain fundamentally what a candlestick is and what its properties are!
Candlestick charts are the more commonly...


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Become An Expert On Candlesticks In 3 Minutes

What Are Spreads In Forex



Hello and Welcome to the ditto educational series that will provide you with the skills you need to become a forex trader!
Today we are going to be looking at spread in reference to the forex market and some of the points to remember when placing trades or deciding which broker to use and what...


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What Are Spreads In Forex

Ditto Trade - What Is Forex & How Can You Profit With It?






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Ditto Trade - What Is Forex & How Can You Profit With It?

Gold Slips Below $1,284 - Is 1,260 on the Cards?



On Wednesday, gold held close to 4-1/2-month lows placed in the prior session as financial information from China tempered worries about worldwide development, boosting more dangerous resources.
Spot gold continues to trade at $1,275.96 per ounce since this morning and has fallen as much as 1.2%...


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Gold Slips Below $1,284 - Is 1,260 on the Cards?

USD/CAD Quick Analysis, Inflation Reports in Focus!



On Wednesday, the commodity currency CAD trade sideways against its U.S. counterpart as traders awaits the CPI data from Canadia. Lately, Canada’s vulnerable energy sector, a housing retardation and global trade pressures are pressing on business sentiment and the Canadian dollar.
Right now, the ...


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USD/CAD Quick Analysis, Inflation Reports in Focus!

Trading the Momentum Investing




 
In the broad class of trading strategies, it is possible to generate profits when the price gains “momentum”. When we talk about momentum, we are talking about strength, impulse, and trend. In general, big profits come with impulsive movements. In other words, consistent...


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Trading the Momentum Investing

FX Market Overview, April 17 – Everything you Need to Know Today!



Forex Market Overview
It is relatively a busy day starting with the series of Chinese economic events especially the GDP data. Besides that, we also got another round of fresh market drivers to inspire strong moves in either direction.
Global Stocks Surged Over China GDP Growth
Global markets...


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FX Market Overview, April 17 – Everything you Need to Know Today!

Tuesday, April 16, 2019

Consequences of the Largest Potential U.S. Wealth Bubble To Date



As measured by relative wealth and GDP, the U.S. currently rests in the middle of the greatest wealth bubble this side of World War II. There have only ever been two other postwar bubbles to have burst, with those peaking in 1999 and 2006, just before the technical stock crash and the infamous...


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Consequences of the Largest Potential U.S. Wealth Bubble To Date

Could the USD Actually Become Problematic for the U.S.?



Crude oil has proven to be a problem for several developing countries and these days, challenges abroad, combined with an increasing dependence on the USD could equate to the same for the United States. Petroleum makes it possible for national leaders to participate in socialist incentives,...


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Could the USD Actually Become Problematic for the U.S.?

The GDP Growth Rate




Microeconomic Indicator in FOREX:
GDP Growth Rate
Acronym Expansion:
Gross Domestic Product Growth Rate

What is the GDP growth rate?
 The growth rate of the Gross Domestic Product of a nation fundamentally determines the speed at which the economy of that nation is growing. It is ideally ...


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The GDP Growth Rate

Position Size, Risk and Returns



Introducing the R concept

When trading on the Forex markets we are living in a world of leveraged instruments, therefore our potential to control asset sizes exceed by far our own trading capital. But this carries its own Damocles sword. Traders have huge opportunities to profit but at the same...


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Position Size, Risk and Returns

FX Market Overview, April 16 – Everything you Need to Know Today!



Forex Market Overview
It was a relatively quiet start to the trading week with little in the way of fresh market drivers to inspire strong moves in either direction.

Stock Indices Under Pressure, Worse than Expected EPS Weights
Global stocks started to drift lower in trading as a worse than...


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FX Market Overview, April 16 – Everything you Need to Know Today!

Monday, April 15, 2019

Risk Management, Pip Risk, and Pip Profit



What do we mean by Risk Management?
Risk management is the part of the trading strategy that deals with how much risk are we willing to take. If we were at a casino that would be our bet.
When trading the Forex markets, We spot about four different issues related to risk management. The first ...


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Risk Management, Pip Risk, and Pip Profit

Lithuania Panning to Adopt Much Stricter Cryptocurrency Regulations



Lithuania is planning to introduce tougher rules for cryptocurrency companies. The Lithuanian government is working on making changes that according to authorities will exceed the prerequisites of the most recent EU Anti-Money Laundering Directive.
Lithuania, which grew to become a crowdfunding...


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Lithuania Panning to Adopt Much Stricter Cryptocurrency Regulations

Seven Reasons Why Apple Investors Should Be Concerned



Apple stock continues to perform well and is once again the most valuable company in the United States. Apple carries a stock-market value of approximately $945 billion and stock shares trade at around $200. Despite these obvious positives, if you delve deeper into Apple as a whole, you just may...


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Seven Reasons Why Apple Investors Should Be Concerned

The Importance of Demo Trading Experience in Forex




Forex trading nowadays is one of the most popular businesses around the world. It used to be an opportunity only for big financial institutions. However, because of technological advancement, it has become possible for the retail traders to trade in the market and make money out of it. What...


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The Importance of Demo Trading Experience in Forex

Forex Beginners’ Psychology



 
The dream
Traders at the very outset, seem to get carried away by Forex’s potential. I remember when I was a beginner; Forex made me believe that I could be a millionaire in a flash. In fact, most of the traders think like that.

In reality, things are never as smooth as it looks at the b...


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Forex Beginners’ Psychology

Gold"s Double Bottom Support, Is It Worth Going Long?



On Monday, gold prices crawled down deeper than one-week low as developments in the US-China trade talks elevated risk sentiment. Ultimately, lowering the demand for safe-haven investments.
During the Asian session and the London Open, gold edged 0.3% lower to $1,286.74 per ounce, having touched...


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Gold"s Double Bottom Support, Is It Worth Going Long?

Stock Indices and Index Exchange-Traded Funds



Stock Indices
The health of the stock market has always been thought to be a leading indicator of the economic cycle, the consensus saying that market prices tend to move higher or lower about six months before the economy confirms these movements with improved (or weaker) economic figures. True...


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Stock Indices and Index Exchange-Traded Funds

FX Market Overview, April 15 – Key Economic Events This Week



A hectic week marked Brexit delayed to Halloween and the ECB, and the Fed is enduring wary. What’s next? The forthcoming week highlights Chinese GDP, US retail sales and loads of UK data that could have an influence after Brexit was pushed ahead. Here the highlights for the next week.
The E...


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FX Market Overview, April 15 – Key Economic Events This Week

Sunday, April 14, 2019

How To Keep Earning Crypto – Even In A Bear Market



The market has been showing signs of slowing down for quite some time now. The price of Bitcoin or even Altcoins have been both major and minor. They have also shown quite a lot of positive movement in the market, but now that looks to have come to an end. The market has passed through what...


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How To Keep Earning Crypto – Even In A Bear Market

Wilcox Envisions An Ambitious Change For The Zcash Currency



A lot of people have been working on ZCash for quite some time, but they expect it to be even longer before it reaches the level where it can be seen as flourishing. This has been on a lot of people’s minds and it is safe to say that this is an exciting movement.
These comments come from Zooko W...


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Wilcox Envisions An Ambitious Change For The Zcash Currency

Here are all of the Penny Cryptocurrencies that you Need to Invest in Right Now



You really won’t surprise anyone by investing in ETH or even Bitcoin. They are really some of the most popular coins out there and when you look at the amount of profitability they have to offer, you may even find that you won’t get thousands of percentages. In this case, it is fairly reasonable ...


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Here are all of the Penny Cryptocurrencies that you Need to Invest in Right Now

ETH’s Vitalik Buterin Has Clashed With Dr. Doom



Bitcoin basher and campaigner Nouriel Roubini and the founder of ETH have had a very heated debate. This happened at the blockchain event Deconomy. Dr. Doom, or Roubini is a New York economics professor. He called cryptocurrency a bubble, and he also went on to say that the whole thing is only...


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ETH’s Vitalik Buterin Has Clashed With Dr. Doom

Augur Has Predicted That The Market Platform Is Going To Have Some Design Flaws



An analysis has been done and it shows that there are a number of irregularities. These can all be found in the Augur prediction market and this is not good to say the least. Namely they have also identified a potential attack on the discrepancies between the outcome date and the general market...


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Augur Has Predicted That The Market Platform Is Going To Have Some Design Flaws