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The most interesting part is that it can be used easily as a reference for scalping execution actions with the "REVERSAL" position by observing the right angle IF IT FEEL is quite far up... and there is an asterisk at the top…

One of the hardest truths about trading to implement, is that if you hope to become consistently profitable you’re going to have to think and act like you are, BEFORE you are. Aspiring traders should follow and mimic the mental traits,…

Trading is much like a game of basketball. Two teams are playing. One side are the bulls and the other side are the bears. Both sides struggle to push their team for that win. Basketball is a game that is wherein…

If you haven’t gotten enough of central banker-speak then you’re gonna love that BOC is publishing its latest monetary policy decision tomorrow at 3:00 pm GMT. Any central bank decision is a BFD for forex traders but BOC’s event just…

CME Group’s flash data for crude oil futures markets noted traders added around 26.7K contracts to their open interest positions at the beginning of the week, extending the upside for the second session in a row. In…

Number of traders net-short has decreased by 27.79% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEUR/GBPBEARISH50.07%49.93%26.15% Daily42.23% Weekly-30.33% Daily-27.79% Weekly-10.20%…

Japanese Yen, USD/JPY, US Dollar, PMI, Nikkei 225, ECB, EUR/USD - Talking PointsThe Japanese Yen inched higher after a tick-up in PMI numbersA buoyant mood from US tech stocks spilled into other equity marketsAs the Lunar New Year…

XAUUSD's dominance against GBPUSD has been very supportive since the end of 2022. That's because during the three months leading up to the end of 2022; experienced strong pressure from the policy of the US central bank which…

Is your trading account hurting? Do you feel overwhelmed, frustrated and ready to throw in the towel on the whole “trading thing”? Well, today’s lesson, if properly understood and implemented, can quite possibly provide you with the…

AAPL shares have been riding the risk-on wave so far this week, but will the rallies last? Or will downbeat earnings expectations force the downtrend to resume? The company is scheduled to print its Q1 fiscal results on February 2, and…