Category Archives: Forex Blog
11 MINS READ
Forex trading involves speculating on the fluctuations in currency exchange rates. With many trading strategies like swing, position, day trading, and trend trading available, traders are always looking for an edge. One such strategy is the grid...
7 MINS READ
US retail sales rose by a solid 0.7% in September, slightly below the upwardly-revised 0.8% in August, as Americans continued spending at bars and restaurants while stepping up online purchases and automobiles, the Commerce Department reported on Tue...
7 MINS READ
Seasonally-adjusted consumer price index (CPI) in the US rose 0.4% in September, slightly below the 0.6% increase the previous month, the US Bureau of Labor Statistics reported. Over the last 12 months, household inflation stood at 3.7%. A poll of ec...
7 MINS READ
The US producer price index (PPI) for final demand, which measures the cost of finished goods paid by producers, rose 0.5% month-on-month in September, more than the 0.3% forecast by economists, data released by the US Bureau of Labor Statistics show...
9 MINS READ
If you're reading this, you're likely seeking new ways to get ideas for trading strategy. The Forex market is characterized by high volatility and there are countless trading opportunities to make money trading.This presents an opportune peri...
9 MINS READ
For new Forex traders, choosing the right trading time frame is absolutely essential for long-term profitability. However, when they start Forex trading, many novice traders mistakenly opt for shorter time frames like the 1-minute or 5-minute charts....
7 MINS READ
US nonfarm payroll employment spiked by 336,000 in September from an upwardly revised 227,000 the previous month, the US Bureau of Labor Statistics (BLS) reported on Friday. The robust payroll numbers almost doubled from the 170,000 expected in a pol...
11 MINS READ
“Can you make 50 pips a day?”It’s a question many traders especially day traders have asked.It's the dream of quickly and consistently profiting in the foreign exchange market but trading Forex can feel overwhelming for beginner...
11 MINS READ
Forex trading can be daunting for those traders just starting out. With so many trading strategies and time frames to choose from, it's hard to know where to begin. For beginner traders looking to dip their toes into the Forex market, the 4 hour ...
7 MINS READ
The Federal Reserve left interest rates unchanged following its two-day monetary policy meeting but signaled that there would be another 25-basis point rate hike this year. The decision to maintain the status quo on interest rates leaves the benchmar...
