EM market currency report snapshot
Posted by Alex on
September 24, 2018
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Category: Blog
In this article, we will take a look at the Emerging Market Currencies. Lately, we have a strong USD strengthening against these currencies which could be a worrying sign of their incoming weakness or a trade war. No matter the reason is, we could see a new crisis looming in
The worst traders mistakes and the way to fight them
Posted by Alex on
September 24, 2018
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Category: Blog, FX TRADING GUIDE
The battle is not against the market, the battle is inside you Here are 2 brutal facts: -The average lifespan of a day trader is just 3 weeks -95% of all traders lose their money Yet despite these stats, almost everyone thinks they can beat the market
Weekly Andrews Pitchfork chart DXY
Posted by Alex on
September 23, 2018
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Category: Blog
In this article, we are drawing Pitchfork channels on DXY On the monthly DXY chart, we can see that the instrument (USD currency basket Index) has formed a downtrend Pitchfork channel with the swing points 2 and 3 on which we can rely on. The latest reversal to the downside happened,
EURAUD bearish butterfly pattern
Posted by Alex on
September 21, 2018
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Category: Blog
In this article, we want to give you a “heads up” on the EURAUD. The instrument has formed a BEARISH BUTTERFLY pattern on a daily chart. The Butterfly pattern can be found near key market reversal points, usually at intermediate highs and lows. The appearance of the butterfly pattern indicates
Cryptocurrency snapshot
Posted by Alex on
September 20, 2018
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Category: Blog
Cryptocurrencies trading overview – Ethereum, Bitcoin, Litecoin, Ripple, EOS Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is bouncing from the 190-200 zone and we could see the retest of the 275 level on the wings of this bounce. Invalidation of
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