The financial markets can look confusing at first. You see EUR/USD, XAU/USD, NASDAQ, Oil, Bitcoin and wonder: What exactly am I trading? Think of the market like a huge shopping mall. Different markets are different stores and each one has its own products, behavior and opportunities. Once you understand what you’re looking at, the charts […]
Read More… from Understanding Currency Pairs, Gold, Indices, Oil & Crypto
Ask three traders why they are buying gold and you might get three completely different answers. One says, “Inflation is rising, so gold could go higher.”Another says, “The chart just broke resistance.”A third says, “Everyone is bullish right now, so momentum is strong.” Interestingly, all three could be right. They are simply looking at the […]
Read More… from The Difference Between Fundamental, Technical and Sentiment Analysis
Have you ever looked at a trading chart and wondered, “How do traders know when to buy or sell?” The truth is, traders don’t have a crystal ball. They read the market by studying price, trends, key levels, economic events and market behaviour to identify potential opportunities. 1. They Start With the Trend One of […]