Day trading can be a home-based business and it does not require any major infrastructure. There are no special skills required and there are no tests that need to be passed. A lot of the risks of making large losses can be avoided if you are not holding your trades overnight or when away from [...]
The double top chart pattern is a reversal chart pattern. It can be seen in all timeframes. If often gets formed when price has moved upwards for an extended amount of time. The tops or swing highs are formed when price hits a certain resistance levels where it cannot break it to the upside. This [...]
USD/CAD gains downside momentum. Democrats won effective control of the Senate this week, giving President-elect Joe Biden scope to push through more spending, which analysts say will be negative for bonds and the dollar. In this week, U.S. reported that ISM Manufacturing PMI increased from 57.5 in November to 60.7 in December while analysts believed [...]
Japan coronavirus advisory panel is out with its recommendations on Thursday, as the third wave of the virus grips the economy and threatens to derail its post-pandemic recovery. The panel suggested that a state of emergency declaration is needed for Tokyo and three nearby prefectures from January 8 to February 7. Earlier today, it was [...]
