NZD/USD Rate Vulnerable Following RBNZ as RSI Snaps Bullish Formation
NZD/USD may continue to give back the advance from the start of the month as the Relative Strength Index (RSI) snaps the upward trend carried over from March.
Read More »ETFs: Complete Guide to Day Trade Them!
There are many financial assets you can trade in the market. Among the most important assets are stocks, commodities, bonds, and Exchange Traded Funds (ETFs). In this report, we will…
Read More »Trading the Bearish & Bullish Engulfing Pattern
There are several types of candlestick patterns. We have just covered several patterns, including morning and evening star, dark cloud cover, and hanging man among others. Today, we will continue…
Read More »What is Market Capitalization?
Market Cap (short for Market Capitalization) denotes the total value of a company’s shares in the public market. It is found by multiplying the current market price per share by…
Read More »Gold Price Analysis: XAU/USD bearish case for the contrarians out there
The price of gold has lost steam of late. While the upside case has been made loud and clear, there are arguments for a deep correction, not just stem
Read More »FOREX MARKET PASSING THROUGH AN EXTREMELY LOW VOLUME PHASE
Since mid April forex market is passing through a record low volume phase. Market is neither in hurry to reach the Top nor Bottom. Besides low volume due to summer…
Read More »Stock market at highs showing weakness, day trading tops.
Day Trading Topping patterns and divergence. The SPY is hitting it’s top, the price action had quite a bit of momentum. Compare this to transports and the Russel Index. There…
Read More »Hammer Candlestick Pattern: Strategy Guide for Day Traders
It is difficult for a trader to make a decisive decision without critically evaluating relevant information about the market. One of the effective tools in this decision-making process is price…
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A Successful Trading Strategy for the FOREX Market
You will find a lot of forex market trading strategies on the internet but many times these apply only to one or two systems. Beginners will often pick up a…
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