It seems we have already heard the brightest and most effective news of September – both from the macroeconomic calendar and the leading Central banks. However, this does not mean that we will get bored this week.
Category: Forex
Forex section contains articles on the related topic. Currency pair trading, market analytics, tips for beginners and trading options for more experienced traders. Here you can find answers to a lot of different questions, which will help to make your trading more efficient and profitable.
This week belongs to Central banks – almost every day capital markets will take a look at some of the key regulators and consider its decisions about credit and monetary policy. No steep turns are expected – time has not come for those – but volatility promises to be high.
In this review, we will get acquainted with trading the Diamond. This is a reversal tech analysis pattern promising a correction or a reversal of the current trend.
The new week of September will bring in tow decisions on the interest rates from the Banks of England and Canada, as well as a flow of important macroeconomic reports. At the beginning of the week, investors will have a chance to have a rest from raging market volatility but later on, they will have to put themselves together not to miss the most interesting things.
Today, we will speak about another trading strategy meant for minute charts, with a potential profit of 10-15 points per trade. The characteristic feature of this strategy is the use of the ADX indicator on small timeframes: normally, it is used on daily charts, as its author advised.
In this overview, we will discuss trading the Rectangle pattern. This is a universal tech analysis pattern that may be traded both individually and as a part of other patterns.
The beginning of a new month is traditionally the time for a flow of statistics and news. The digits from the USA and the data from Asia are of great importance. You will never get bored this week.
Today, we will get acquainted with the Spike pattern. It is rather rare on charts but provides decent trading opportunities.
The Midnight trading strategy is a curious way to work on daily charts. It requires very little time from the trader: just assess the charts at midnight, place pending orders, correct and track changes (at midnight only).
The beginning of this week of August is calm and extremely quiet: nothing new on the macroeconomic calendar, the news flow is smooth. However, the information is going to become more and more topical, while the rates of currencies and assets will fluctuate more actively.