Brexit

EURJPY Upside Traction Overpowers Bears, Eyes 124.00 Level

Oct 17 2020 @ 19:37
EURJPY Price Analysis – October 16 EURJPY is accelerating from a low of around 123.00 as upside potential prevails over sellers for another session on Friday. The cross has so far managed to hold above the 123.00 level. Given the uncertainty, it would be a mistake to set an end date for the response to […]
 

When emotions get in the way of trading success – Part 2

Oct 17 2020 @ 16:57
Veterans of the markets generally agree that trading is largely psychological. That is one of the reasons why a trader with suboptimal strategy will trade profitably and another trader with a good strategy will be making losses. The method one trader uses to trader their way to financial freedom is what another trader uses and […]
 

Teach Yourself Technical Analysis

Oct 10 2020 @ 23:46
THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...
 

Is there anything good about loss?

Sep 20 2020 @ 04:48
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 […]
 

EUR/GBP Resumes Uptrend, May Break Above Level 0.9250

Sep 11 2020 @ 06:13
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 […]
 

What is the most important thing in trading?

Aug 26 2020 @ 14:25
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
 

How do I control my trading risk?

Aug 13 2020 @ 02:21
RISK CONTROL TECHNIQUES IN TRADING Risk is ever present in trading, just as it is in other areas of life. The good news is that the risk inherent in trading can be controlled effectively, thus enabling you to be permanently triumphant. No-one on earth can trade repeatedly without any loss, no matter the trading strategy adopted. […]
 

What Will Happen to the Pound After Brexit?

Aug 06 2020 @ 05:28
A comprehensive look at the effect of Brexit and its impact on dollars to pounds and more Author: Alexey Gulyi Chief Analyst at EverFX Following the global financial crash of 2007-2008, many people lost their trust in financial institutions. Others were inspired to do their own research, which has seen many people get into small-scale […]
 

GBPJPY Regains Traction and Moved to Highs at 139.00 Level

Aug 06 2020 @ 05:07
GBPJPY Price Analysis – August 5 The GBPJPY regains traction upward despite being taken aback by a withdrawal near the level of 139.00 and rapidly retreated in the early North American session around 45 pips. The GBP buyers have largely shaken off fears about the second wave of coronavirus infections and anxiety of a no-deal […]
 

Gold to End Next Week With a Bang

Aug 01 2020 @ 07:15
Gold (XAU/USD) jumped to a fresh all-time high, around the $1,984 level in the early European session, before retreating lower. Following yesterday’s profit-taking-triggered slide to the $1,940 area, the yellow metal was quick to bounce back and is set to end the week in a grand style. The bull run marked the tenth consecutive bullish […]
 
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