What Can We Learn From Successful Traders?

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Updated April 2020 Although at times trading may seem like banging one’s head against a wall, there is light at the end of the tunnel. There are traders – some legendary and some unheard of – extracting money out of the markets on a consistent basis. The question then arises, what can you learn from … Continue reading What Can We Learn From Successful Traders?

Wednesday 6th June: USD pressing lower, marking its second consecutive losing day

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EUR/USD: During the course of Tuesday’s sessions we witnessed price action plummet amidst the first half of London trade, reaching lows near mid-1.16 (on the H1 you’ll see this was achieved in the shape of a AB=CD corrective pattern). Going into the US session, the pair reversed course and retraced its downside to turn positive … Continue reading Wednesday 6th June: USD pressing lower, marking its second consecutive losing day

Interpreting the U.S. Employment Situation Report: The Basics

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With the U.S. retaining its position as the world’s largest economy since 1871, and a nominal GDP forecasted to exceed USD 21 trillion in 2019, the country’s employment status, provided by the Bureau of labour Statistics (BLS), is crucially important. The Federal Reserve, as well as the investment community, pay close attention to employment figures … Continue reading Interpreting the U.S. Employment Situation Report: The Basics