Trading is an art that is finely managed in the weekends alone by a few professional traders. The cryptocurrency market never sleeps. Unlike traditional financial markets, which are not open at weekends, the cryptocurrency market is open. The weekend gap trading strategy is simply the price differential between the price when the traditional forex market closes on a [...]
Gold Prices are somewhat up early Friday due to concerns on increasing inflation. Thursday's U.S. producer price index report for April came in at up 0.6% from the month of March, which is double of the forecast 0.3%. The April CPI was up over 6%, year-on-year. The PPI report followed a hot consumer price index [...]
The New Zealand dollar sank against the greenback because of the expectations on earlier-than-expected policy tightening by the Federal Reserve as a response to rapid inflation and higher treasury yields. As per the data released on Wednesday, U.S. consumer prices increased by the most in nearly 12 years in April as booming demand amid a [...]
Many Thousands of today's forex traders consider the Elliott Wave Principle a vital part of their trading arsenal. Why? Because the Wave Principle's rules and guidelines provide the context that helps traders identify the trend on any time frame, highs and lows in prices, find high-confidence trade targets and spot all-important points of ruin that [...]
