Interest rates decisions are the most prominent factors that cause movements in the financial markets. Without changes in interest rates, trading in the financial markets could be boring and, maybe, less profitable. Traders often pay attention to interest rate decisions to determine their effect on the value of currencies in the forex market and other [...]
The Federal Open Market Committee (FOMC) meeting is a key date on every trader’s economic calendar. Taking place eight times a year, the meeting is an important event for all traders to prepare for. FOMC (Federal Open Market Committee) is the branch of the United States Federal Reserve that determines the course of monetary policy. The announcements [...]
World Economic Crisis is a burning issue not only for those dealing with finance but also for all social groups as everyone, one way or another, is influenced by economic cataclysms. Some are afraid of inflation rate and reduction of wages, the others are scared to lose their jobs. So traders here are not the [...]
Price Action Analysis : Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. Price action analysis is the act of studying, reading and interpreting the price movement of a market over time, which involves the use of raw price [...]
