The Direct Path to Trading Profits

Forex Blog March 24, 2024 | 1:18 pm | Forex Blog March 24, 2024 | 1:18 pmForex Blog 3 keys to predictable profits 🚀 In this webinar, Brian McAboy, the founder of InsideOut Trading, examined the 3 key matters on which to focus to achieve consistent profits in the real world and stay profitable once… ادامه خواندن The Direct Path to Trading Profits

PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups

Most Read: U.S. Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis… ادامه خواندن PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups

Advantages and Disadvantages of Simple Moving Average – Analytics & Forecasts – 23 March 2024

Most forex traders, irrespective of their trading skill levels, prefer using SMA because of its simplicity and ease of understanding. Using the indicator tool involves dividing the accumulated total of data points over a set period with the number of periods basing everything on the current currency prices. Furthermore, the indicator tool creates signals that… ادامه خواندن Advantages and Disadvantages of Simple Moving Average – Analytics & Forecasts – 23 March 2024

Bears maintain control, signs of short-term recovery surface

Indicators flash oversold conditions on the daily chart. Contrarily, hourly chart indicators suggest a slow return of bullish impulse as the bears might have run out of steam. In Friday’s session, the NZD/USD declined just below the 0.6000 threshold, illustrating a bearish outlook as sellers continue to dominate the market. The pair is positioned below… ادامه خواندن Bears maintain control, signs of short-term recovery surface

FINRA Embraces Fractional Share Trading, to Overhaul Reporting Standards

Companies regulated by the Financial Industry Regulatory Authority(FINRA) will soon be required to report fractional shares as a whole number. These new changes, which are set to take effect in the first quarter of 2025, aim to streamline the reporting standards of fractional shares. Dedicated Forex cloud solutions with stable and fast cross-border connections capable… ادامه خواندن FINRA Embraces Fractional Share Trading, to Overhaul Reporting Standards

CCI MACD Trend Combo Forex Trading Strategy for MT5

The trend is your friend!” You have probably heard this preached by many traders time and time again. This statement has been used and overused and is has become a trite adage among traders, but this is for a reason. This statement carries a lot of truth in it because it allows traders to take… ادامه خواندن CCI MACD Trend Combo Forex Trading Strategy for MT5

USD/JPY Price Remains Strong Amid Upbeat US Data

The bias remains bullish as long as it stays above R2. A new higher high activates further growth. Failing to stay above the median line (ml) could reveal exhausted buyers. The USD/JPY price changed slightly on Friday, wobbling near the 151.00 handle at the time of writing. The bias remains bullish, with a higher probability… ادامه خواندن USD/JPY Price Remains Strong Amid Upbeat US Data

XAUUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

2024.03.22 2024.03.22 XAUUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 2145.48 with a target of 2250.00 – 2350.50. Alternative scenario: breakout and consolidation below the level of 2145.48 will allow the pair to continue declining to the levels of 2078.95… ادامه خواندن XAUUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

The Week Ahead – Sentiment Shifts Again

The Brent crude hitting a higher high The Brent crude resumed the upward momentum as the current outlook for black gold shows further demand. Heightened geopolitical tensions, steady demand growth, and OPEC+ extending cuts until at least the end of this quarter boosted the rally. With continued declines in inventories, analysts are predicting another test… ادامه خواندن The Week Ahead – Sentiment Shifts Again

WTI Crude Oil: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

2024.03.22 2024.03.22 WTI Crude Oil: Elliott wave analysis and forecast for 22.03.24 – 29.03.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 76.80 with a target of 84.65 – 88.55. Alternative scenario: breakout and consolidation below the level of 76.80 will allow the asset to continue declining to the levels… ادامه خواندن WTI Crude Oil: Elliott wave analysis and forecast for 22.03.24 – 29.03.24