Category Forex Trading

This is because weaker support levels are more easily broken, and false breakouts are more likely to occur. Price Target – The price target of a descending triangle is measured by taking the distance between the highest point of the…

A valid symmetrical triangle can break out in any direction, so be careful. Daily charts are commonly used, though the pattern can be effective across various timeframes from minutes to months. The Japanese yen remains under pressure, trading near a…

Start your week on Mondays with Scott and Ed’s fresh perspective and unique insights on the news driving the capital markets. Wednesdays Scott answers listeners’ questions and on Thursdays Scott goes deep in a conversation with a blue-flame thinker shaping…

I generally don’t like using Forex indicators, as I find the data worthless, as they lag current price. If you want to be in the moment and take trades based on what’s happening right now then you have to base…

The report monitors activity in production, new orders, supplier deliveries, inventory, employment, prices, imports, and exports. The ISM index has a significant impact on investor and corporate confidence because it‘s based on a poll of executives in charge of their…

However, after many attempts efforts to gather this information, the committee disbanded in June 1931. The ISM manufacturing index provides a number that indicates whether the manufacturing sector is growing or contracting. A PMI reading over 50 (or over 50%)…

For example, if a company experienced no sales growth, its inventory levels might have remained the same due to a lack of demand. As noted above, the ISM Non-Manufacturing Index (or the Services PMI) provides stakeholders with insight into the…

While going public might make it easier or cheaper for a company to raise capital, it complicates plenty of other matters. There are disclosure requirements, such as filing quarterly and annual financial reports. They must answer to shareholders, and there…