Excuses will never help you to achieve your goals- not only in trading, but also in life in general. Traders specialize in making excuses on a daily basis. But making excuses not only prevents you from growing and making it better, it can also lead to even worse trades. On the other hand, a trader [...]
PPI is a major economic data due to its signaling effect on future expected inflation. It reflects the change in the cost of products sold by various manufacturers and industries. It is therefore a precursor to underlying inflation and is closely watched by traders. Forex Traders monitor PPI for the positive relationship between interest rates [...]
Trading with the trend is one of the safest ways of engaging the financial markets and a great strategy for maximizing profits. Many analysts use trend trading strategies as one of their primary approaches to the markets. In addition, before making a trade or issuing a signal, they always confirm which side of the trend they are [...]
In Forex trading, Correlations play a major role in trade. Forex trading happens from international currencies from various countries and the Currencies are issued by central banks. The value of a currency has a direct impact on an economy, a country's outlook, commodities, stock markets and people's spending behavior. At the same time, currencies are [...]