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artbusiness5 · 5 months ago
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Forex Trading
Forex trading, or foreign exchange trading, involves buying and selling currencies to profit from changes in exchange rates. Here’s a detailed guide to get you started:
1. Understanding Forex Trading
Currency Pairs: Forex trading always involves trading one currency for another. Currencies are quoted in pairs (e.g., EUR/USD, GBP/JPY). The first currency is the base currency, and the second is the quote currency.
Pips: The smallest unit of movement in a currency pair’s exchange rate. For most pairs, a pip is 0.0001.
Leverage: Allows you to control a large position with a relatively small amount of money. While leverage can amplify profits, it also increases risk.
2. Setting Up Your Forex Trading
Choose a Reliable Broker: Select a forex broker that offers a user-friendly trading platform, competitive spreads, and good customer service. Look for brokers with a solid reputation and proper regulatory oversight (e.g., regulated by the Financial Conduct Authority (FCA) or the Commodity Futures Trading Commission (CFTC)).
Open a Trading Account: After selecting a broker, open a trading account. Many brokers offer demo accounts where you can practice trading without real money.
Deposit Funds: Fund your trading account with an amount you’re comfortable with. Remember, forex trading can be risky, so only invest money you can afford to lose.
3. Develop a Trading Strategy
Technical Analysis: Uses historical price data and charts to forecast future price movements. Key tools include indicators (like Moving Averages, RSI, MACD) and chart patterns (like head and shoulders, flags).
Fundamental Analysis: Involves analyzing economic indicators, news events, and other factors that might impact currency values. Key indicators include GDP, interest rates, inflation, and employment data.
Risk Management: Set stop-loss and take-profit orders to manage risk and protect your capital. Determine how much you’re willing to risk on each trade.
4. Executing Trades
Place Orders: Use your broker’s trading platform to place trades. You can choose from various order types, such as market orders, limit orders, and stop orders.
Monitor and Adjust: Keep track of your trades and the market conditions. Adjust your strategies and positions as needed based on market movements and your trading plan.
5. Continuous Learning and Improvement
Stay Informed: Follow financial news, economic reports, and market analyses to stay up-to-date with factors affecting currency markets.
Review and Reflect: Regularly review your trades to understand what worked and what didn’t. Learning from past trades helps improve your strategy.
Adapt: Forex markets are dynamic and can change quickly. Be ready to adapt your strategies to new market conditions.
6. Avoiding Common Pitfalls
Overleveraging: Using high leverage can lead to significant losses. Start with lower leverage until you gain more experience.
Emotional Trading: Avoid making decisions based on emotions. Stick to your trading plan and strategy.
Lack of Research: Ensure you conduct thorough research and analysis before making trading decisions.
Resources for Learning Forex Trading
Books: “Trading in the Zone” by Mark Douglas, “Currency Trading for Dummies” by Brian Dolan and Kathleen Brooks.
Online Courses: Platforms like Coursera, Udemy, and Babypips offer courses on forex trading.
Websites: Follow financial news on websites like Bloomberg, CNBC, and Reuters.
business, forex, art, usbiz, usa art, fine art, trading, forex trading
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accapitalmarket · 2 days ago
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Volatility Returns as Trump Reclaims White House, FX in Focus
President Trump's Inauguration Causes Emerging Markets to Rise
A Bloomberg report suggested that emerging market currencies rose as President Trump held off from mentioning new trade tariffs in his speech.
The reaction to Trump's speech is positive towards emerging markets as he avoided beginning with significant new tariffs. Meanwhile emerging European currencies saw gains as the prospect of an end to the war in Ukraine looks increasingly likely. 
Additionally, trade tariffs on China were not unveiled as they look to be introduced over the coming months.  
Following the news, USDCNH crashed by over 1% from the extreme highs of the chart. The price will likely test the pivot around 7.0 along with the ascending trendline for potential support.
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USDCNH Weekly
EURUSD saw a significant rise as the price brokeout from the descending flag with strong bullish momentum. If the price can close above the 1.0450 pivot it will probably test the 1.06 pivot plus the 100 SMA (black line) soon.
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EURUSD Weekly
UK Claimant Count Drops Significantly as GBPUSD Rises Rapidly
The UK Claimant Count was 0.7K, down from 10.3K forecasted and 25.1K previously which is highly positive news for the British economy. The reduction in the number of people claiming unemployment was helped by an increase in annual growth in employees' average earnings. However, the number of payrolled employees decreased by 0.2% for December 2024.
After the news, GBPUSD rose swiftly as the price closed above the 1.23 swing high and tested the descending trendline for potential resistance. If the price closes above the descending trendline it will probably test the major pivot at 1.25 soon.
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GBPUSD Weekly
Disclaimer: The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions. Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us. The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.
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tradingexpert1079 · 18 days ago
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What is a real-time data feed in Forex trading?
In Forex trading, a real-time data stream gives traders access to the most recent market information, enabling them to make well-informed judgments. This data feed contains important details like:
Current buying (bid) and selling (ask) prices for currency pairs are known as the bid and ask prices.
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Market depth is a measure of the volume of interest at various price points that indicates market liquidity.
Price Changes: Traders can monitor trends and volatility with real-time data on price movements.
Economic Indicators: Real-time updates on pertinent economic data releases, including GDP, inflation, and unemployment rates.
News Updates: Current events, such as central bank announcements or geopolitical developments, that may have an impact on currency markets.
Real-time data is crucial in forex.
Making Well-Informed Decisions: When implementing methods like scalping or day trading, when timing is crucial, traders rely on the most recent data.
Algorithmic Trading: In order for many trading algorithms to operate properly and execute split-second trades, real-time data is necessary.
Risk management: Current information aids traders in efficiently establishing and modifying take-profit and stop-loss settings.
Competitive Edge: In the ever shifting Forex market, having access to timely and reliable data can be a big advantage.
Real-time data sources for broker platforms: The majority of Forex firms provide live feeds via their trading interfaces.
Market Data Providers: Expert-level data is offered by specialized providers such as TradingView, Thomson Reuters, and Bloomberg.
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tradewithwill · 4 months ago
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Essential Tools for Day Trading Success: What You Need to Get Started
Day trading can be a highly rewarding, but it requires the right combination of skills, strategy, and tools to be consistently successful. In the fast-paced world of day trading, having the right tools at your disposal can make all the difference. Here are ten essential tools that every successful day trader should have to maximize efficiency and profit potential.
Trading Platform
The foundation of every successful day trader is a reliable trading platform. A good platform provides real-time access to market data, executes trades efficiently, and allows in-depth technical analysis. Platforms such as Thinkorswim, MetaTrader, and TradeStation offer many features, including customizable charts, technical indicators, and various trading options.
When selecting a trading platform, it's crucial to ensure it integrates well with your trading style, offers a mobile version, and allows you to execute trades swiftly. A user-friendly interface combined with robust functionalities can significantly improve your trading experience.
Real-Time Data Feeds
In day trading, real-time data is essential for making split-second decisions. Real-time price quotes, market trends, and order flow allow traders to execute trades at the best possible prices. Delays in data can result in missed opportunities or losses, so investing in a real-time data feed service is critical.
Level 2 quotes, which provide deeper insights into market liquidity and pending orders, are also beneficial. Subscribing to a real-time data feed service helps you stay updated on price fluctuations and trade volumes, giving you a competitive edge.
Advanced Charting Software
Successful day traders rely heavily on technical analysis to make informed decisions, and advanced charting software is key to performing this analysis. Charting tools like Trading View or Ninja Trader enable traders to view price movements, identify patterns, and apply technical indicators like moving averages or Bollinger Bands.
Customizable chart settings allow traders to zoom in on specific timeframes, apply trendlines, and compare multiple assets. Access to robust charting software ensures you can analyze markets efficiently and spot trading opportunities.
Risk Management Tools
Risk management is one of the cornerstones of successful day trading. Tools like stop-loss orders, trailing stops, and position-sizing calculators help traders protect their capital and minimize potential losses. These tools allow you to predetermine an acceptable level of risk before entering a trade, ensuring that emotions do not dictate your decisions.
By setting stop-loss levels, traders can limit the downside of a trade if the market moves against them. A well-defined risk management strategy, supported by the right tools, helps traders safeguard their investments.
Financial News Feed
Staying informed about the latest market-moving news is critical for day traders. News events like earnings reports, interest rate changes, or geopolitical developments can cause significant price movements. Real-time news services like Bloomberg or Reuters provide traders with the latest updates that can influence market conditions.
A quality news feed allows traders to react quickly to breaking news and capitalize on volatility. Being ahead of the news cycle is a major advantage for day traders who depend on real-time information to make swift decisions.
Economic Calendar
An economic calendar tracks upcoming financial events that may impact the markets. From Federal Reserve announcements to non-farm payroll data, these events often cause increased market volatility. Tools like the economic calendars on Investing.com or Forex Factory keep traders informed about when these critical events are happening.
By knowing the timing of these events, day traders can plan trades accordingly, either capitalizing on expected market movements or avoiding periods of high volatility if they prefer lower risk.
Trading Journal
A trading journal is a powerful tool for improving your trading strategy. Successful day traders document each trade, noting key details like entry and exit points, reasons for the trade, and results. Reviewing past trades allows traders to learn from their mistakes and refine their approach.
Digital tools like Tradervue or Edgewonk offer automated journaling features that provide detailed performance metrics, helping traders understand their strengths and weaknesses. A trading journal is a valuable resource for continuous improvement and discipline in trading.
Stock Screener
A stock screener is vital for identifying potential trades based on specific criteria. Screeners like Finviz and Trade Ideas allow traders to filter stocks by parameters such as price, volume, or specific technical indicators. This helps narrow down thousands of stocks to a manageable list that fits their trading strategy.
Using a stock screener allows traders to save time and focus on the most promising trading opportunities. With advanced customization options, screeners can be tailored to suit individual trading styles, whether you're a momentum trader, scalper, or swing trader.
Paper Trading
Paper trading, or simulated trading, allows day traders to practice their strategies without risking real capital. Most trading platforms, including Thinkorswim and Webull, offer paper trading accounts that mimic real market conditions. This tool helps new traders gain experience and confidence, while seasoned traders can use it to test new strategies.
By practicing in a simulated environment, traders can refine their techniques and make mistakes without financial consequences. Paper trading is essential for anyone looking to improve their trading skills before committing to real-money trades.
High-Speed Internet Connection
A fast, reliable internet connection is a must-have for any day trader. With day trading, every second counts, and a slow or intermittent connection can result in missed trades or execution delays. High-speed broadband or fiber-optic connections are recommended for optimal performance.
Additionally, having a backup internet connection, such as mobile data or a secondary provider, ensures that you can continue trading even if your primary connection fails. A solid internet connection is crucial for staying connected to the markets and executing trades in real-time.
Day trading requires precision, focus, and the right tools to navigate the markets effectively. From a robust trading platform to advanced charting software and real-time news feeds, these essential tools give traders the edge they need to succeed. Equipping yourself with these tools allows you to make more informed decisions, manage risks better, and increase your chances of achieving long-term profitability.
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loyalpanda01 · 5 months ago
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Live Forex News
Forex market are highly sensitive to news. Announcements related to economic indicators such as GDP, employment figures, and inflation rates can cause immediate and significant movements in currency pairs. For instance, an unexpected interest rate hike by a central bank can lead to a surge in the currency's value, while geopolitical tensions might lead to a sharp decline. Live Forex news provides traders with real-time updates, allowing them to react swiftly to these market-moving events. 2. Strategic Decision-Making: Effective trading strategies are often built on the analysis of current events and their potential impact on currency markets. Traders use live news feeds to gauge market sentiment, assess potential risks, and identify trading opportunities. Whether it’s a central bank policy announcement, political unrest, or changes in trade policies, staying informed helps traders make strategic decisions and adjust their positions accordingly. 3. Predictive Analysis: Forex news isn't just about reacting to events; it also involves predicting how future events might unfold. Analysts and traders use live news to anticipate market trends and movements. For example, if a country's economic data consistently shows growth, traders might predict a strengthening of that country’s currency in the future. Live news provides the latest information that can validate or adjust these predictions.  Sources of Live Forex News 1. Financial News Websites: Major financial news websites like Bloomberg, Reuters, and CNBC offer live Forex news feeds. These platforms provide up-to-the-minute updates on economic data releases, geopolitical developments, and market trends. Subscribing to these services ensures that you receive timely and accurate information. 2. Forex News Apps: Many traders use specialized Forex news apps on their smartphones or tablets. These apps are designed to deliver live updates and alerts directly to your device, enabling you to stay informed even when you’re on the go. Popular apps include Investing.com, DailyFX, and FXStreet. 3. Trading Platforms: Most trading platforms come equipped with integrated news feeds. These platforms not only offer real-time news but also provide tools for analyzing how news impacts the markets. By using these features, traders can view news in the context of their trading charts and strategies.  Utilizing Live Forex News Effectively 1. Timing is Everything: One of the most important aspects of trading with live Forex news is timing. News can cause rapid and substantial price movements, so being among the first to receive and act on news can be advantageous. However, it's also crucial to avoid impulsive decisions based on initial market reactions. Analyzing the news and understanding its long-term implications can provide a more balanced perspective. 2. Combining News with Technical Analysis: While live news is valuable, combining it with technical analysis can enhance your trading strategy. Technical analysis involves studying price charts and patterns to predict future movements. By integrating news with technical indicators, traders can better assess the market’s direction and make more informed trading decisions. 3. Risk Management: Even with the best news feeds and analysis, trading in the Forex market carries risks. It’s essential to employ effective risk management strategies to protect your investments. This includes setting stop-loss orders, managing position sizes, and diversifying your trades.  Conclusion Live Forex news plays a pivotal role in the world of currency trading, offering insights and updates that can significantly influence market behavior. By staying informed through reliable news sources and combining this information with thorough analysis, traders can navigate the complexities of the forex market with greater confidence and precision. Remember, the key to successful Forex trading lies in not only reacting to news but also understanding its broader impact and integrating it into a well-rounded trading strategy.
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marketgroup · 7 months ago
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How to Become a Professional Trader
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Becoming a professional forex signal trader requires a mix of education, practice, and strategic execution. Here’s a comprehensive guide to help you embark on this journey.
1. Education: Build a Strong Foundation
Books
Books are invaluable resources for gaining in-depth knowledge about trading. Some recommended titles include:
A Random Walk Down Wall Street" by Burton Malkiel
The Intelligent Investor" by Benjamin Graham
Market Wizards" by Jack D. Schwager
These books cover various aspects of trading, from investment strategies to interviews with successful traders, providing a well-rounded understanding of the market.
Courses
Enrolling in trading courses can provide structured learning and insights from experienced professionals. Consider these options:
Online Trading Academy: Offers courses on stock forex signal trading, options, and futures.
Udemy and Coursera: Provide a variety of courses on trading strategies and financial markets.
Courses often include practical exercises and simulations, which are essential for grasping complex concepts.
Online Resources
The internet is a treasure trove of information. Websites, forums, and blogs offer up-to-date market analysis and trading tips. Key resources include:
Investopedia: A comprehensive financial education platform.
TradingView: Offers charting tools and community-driven ideas.
Financial news websites: Stay informed with CNBC, Bloomberg, and Reuters.
2. Practice: Apply Theory in Real-Time
Demo Accounts
Before risking real money, practice with demo accounts offered by various trading platforms. These accounts simulate real market conditions, allowing you to hone your skills without financial risk.
Small Investments
Start with small investments to gain real-world experience. This approach helps in understanding the emotional aspects of trading, such as handling losses and managing stress.
3. Execute: Trade with Market Expert Group
Choosing the Right Broker
Selecting a reliable broker is crucial.forex signal Market Expert Group is one such platform that offers professional trading services. They provide access to a wide range of markets and trading tools, enhancing your trading efficiency.
Contact Information
To get started with Market Expert Group:
Website: marketexpertgroup.com
Phone: +44 7418611891 (UK), +91 7389334331 (India)
Trading Strategy
Develop a trading strategy based on your education and practice. This strategy should include:
Risk Management: Determine how much you are willing to risk per trade.
Diversification: Spread your investments across different assets to mitigate risk.
Technical and Fundamental Analysis: Use charts, indicators, and market news to inform your trades.
Conclusion
Becoming a professional forex signal trader is a journey that requires continuous learning, practice, and disciplined execution. By leveraging resources like books, courses, and online platforms, you can build a solid foundation. Practicing with demo accounts and small investments helps in gaining practical experience. Finally, executing your trades with a reputable broker like Market Expert Group can lead to profitable outcomes. Stay informed, stay disciplined, and continuously refine your strategies to succeed in the dynamic world of trading.
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importanceoftrading · 9 months ago
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Importance of trading.
Trading, in its essence, is the buying and selling of financial instruments such as stocks, bonds, commodities, currencies, and derivatives with the goal of making a profit. It's a dynamic and complex field that requires a combination of knowledge, skill, and discipline. In this comprehensive guide, we'll explore the world of trading, including different types of trading, strategies, tools, and tips to help you navigate the markets successfully.
Understanding Trading
Trading is conducted on various financial markets, including stock markets, forex (foreign exchange) markets, commodity markets, and others. Each market has its own unique characteristics and factors that influence prices. Traders aim to profit from price movements by buying low and selling high or selling high and buying low, depending on the type of trade they're making.you can also use this platform for trade because this platform is highly comission paid
Types of Trading
Day Trading: Day traders buy and sell financial instruments within the same trading day, aiming to profit from short-term price movements. Day trading requires quick decision-making, analysis, and a good understanding of market dynamics.
Swing Trading: Swing traders hold positions for a few days to several weeks, aiming to capture medium-term price movements. This type of trading requires patience and the ability to analyze trends and patterns.
Position Trading: Position traders hold positions for weeks, months, or even years, aiming to profit from long-term trends. Position trading requires a deep understanding of fundamental analysis and macroeconomic factors.
Scalping: Scalping is a high-frequency trading strategy where traders aim to profit from small price movements. Scalpers typically make numerous trades throughout the day and rely on tight spreads and quick execution.
Trading Strategies
Trend Following: This strategy involves identifying and following the direction of a prevailing trend. Traders aim to buy in an uptrend and sell in a downtrend, riding the trend for as long as possible.
Counter-Trend Trading: Contrary to trend following, this strategy involves trading against the prevailing trend. Traders aim to identify potential reversals and profit from short-term price corrections.
Range Trading: Range traders aim to profit from price movements within a defined range. They buy near the bottom of the range and sell near the top, expecting the price to remain within the range.
Breakout Trading: Breakout traders aim to profit from significant price movements that occur when the price breaks out of a consolidation phase or a trading range. They enter trades when the price breaks above or below a key level of resistance or support.
Trading Tools
Charting Platforms: Charting platforms like Trading View and Meta Trader provide traders with tools to analyze price charts, apply technical indicators, and identify trading opportunities.
Trading Platforms: Online trading platforms like Interactive Brokers, TD Ameri trade, and E*TRADE allow traders to execute trades, manage their portfolios, and access real-time market data.you can also use this platform because this platform is highly comission pay.
News and Analysis Tools: Tools like Bloomberg Terminal, CNBC, and Reuters provide traders with up-to-date news, market analysis, and economic data that can influence trading decisions.
Risk Management Tools: Risk management tools like stop-loss orders, position sizing calculators, and risk/reward ratios help traders manage their risk and protect their capital.
Tips for Successful Trading
Educate Yourself: Continuously educate yourself about trading strategies, market dynamics, and risk management principles to improve your trading skills.
Develop a Trading Plan: Create a trading plan that outlines your trading goals, strategies, risk tolerance, and money management rules.
Manage Your Risk: Use risk management tools like stop-loss orders and position sizing to protect your capital and minimize losses.
Stay Disciplined: Stick to your trading plan and avoid emotional decision-making. Discipline is key to long-term trading success.
Diversify Your Portfolio: Diversification can help spread risk across different asset classes and reduce the impact of market volatility on your portfolio.
Conclusion
Trading is a challenging but potentially rewarding endeavor that requires a combination of knowledge, skill, and discipline. By understanding the different types of trading, developing a solid trading plan, using the right tools, and following sound risk management principles, you can improve your chances of success in the markets. Remember, trading involves risk, so always trade with money you can afford to lose and seek professional advice if needed.
Disclaimer.this cotains is affilliate.
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forex-trading-online-jrfx · 11 months ago
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Forex Trading News: Tips for Successful Traders
Staying updated with forex trading news is essential for traders aiming for success in the dynamic currency markets. With news impacting market volatility and currency values, having a solid strategy for utilizing forex trading news can make a significant difference in your trading outcomes. Here are some valuable tips for traders looking to leverage forex trading news effectively:
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Stay Informed with Reliable Sources Financial News Websites: Regularly check reputable financial news websites such as Bloomberg, Reuters, and Financial Times for the latest updates. Forex News Platforms: Utilize specialized forex news platforms like Forex Factory, DailyFX, and Investing.com for specific market insights. Economic Calendars: Use economic calendars from trusted sources like Forex Factory and Investing.com to track key economic events.
Understand Market Reactions Immediate Reaction: Be prepared for immediate market reactions to news releases, especially during high-impact events like central bank announcements. Volatility Management: Have risk management strategies in place, such as stop-loss orders, to navigate volatile market conditions.
Analyze Market Sentiment Sentiment Indicators: Use sentiment indicators like the COT Report (Commitment of Traders) to gauge market sentiment and positioning. Social Media Analysis: Monitor social media platforms for trader sentiment and discussions on market-moving news.
Plan Ahead for Major Events Calendar Awareness: Mark major economic events and central bank meetings on your trading calendar to plan your strategies accordingly. Preparation is Key: Anticipate potential market scenarios based on different outcomes of economic releases or geopolitical events.
Trade the News Wisely Wait for Confirmation: Avoid trading immediately at news release times; wait for the initial market reaction to settle before entering a trade. Consider Scalping or Swing Trading: Adjust your trading style based on the time frame of the news and your risk tolerance.
JRFX - Empowering Your Trading Journey Advanced Tools: Explore JRFX's advanced trading tools and platforms for enhanced analysis and execution. Educational Resources: Access JRFX's educational materials and webinars to deepen your understanding of forex trading news. Customer Support: Benefit from JRFX's dedicated customer support team for assistance with trading queries.
In conclusion, forex trading news can be a powerful tool in a trader's arsenal when used wisely. By staying informed, understanding market reactions, and planning ahead, traders can navigate the markets with confidence. With JRFX as your trusted partner, you have access to the tools and support needed to thrive in the forex trading arena.
Elevate Your Trading with JRFX: Advanced Trading Tools: Experience JRFX's cutting-edge trading platforms for precise execution. Educational Resources: Enhance your trading knowledge with JRFX's educational resources and webinars. Personalized Support: Get personalized support from JRFX's dedicated customer service team.
Empower your trading journey with JRFX ( https://www.jrfx.com/?804 ) and make the most of forex trading news. Start trading with confidence today!
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accapitalmarket · 2 months ago
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USD pushes higher after Consumer Confidence rises, GBPUSD keeps falling
US Consumer Confidence Rises Pushing EURUSD Lower
US CB Consumer Confidence was 111.7, up from 109.6 previously as the leading indicator of consumer spending remained positive. Additionally, the Present Situation Index rose by 4.8 points while the Expectations Index increased by 0.4 points.
Consumer confidence hit the top of a two year range as positivity towards the labor market contributed significantly. Consumers were specifically very optimistic towards the future of job availability, which reached its highest level in almost three years.
The positive news helped keep EURUSD in a downtrend that we have seen since the beginning of October. The price pulled back to test the 1.05 pivot for resistance and looks likely to continue descending towards the 1.03 pivot soon.
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EURUSD Weekly
GBPUSD has shown strong bearish momentum after breaking out from the ascending trendline. The price will likely drop further as it will probably find resistance from the 100 SMA (black line), 1.25 pivot and the ascending trendline.  
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GBPUSD Weekly
US New Home Sales Crash to a Two-Year Low
US New Home Sales fell to a two-year low as two hurricanes hit the south.
Following the storms, new single-family homes dropped 17% last month to 610,000, far lower than the 725,000 forecasted by Bloomberg. Sales in the south declined by 28% to 339,000 as hurricanes Helene and Milton had a devastating impact.
Following the news, AUDUSD dropped to test the ascending trendline. If the price drops further, support will probably be found at the 0.64 pivot, which has seen sharp increases in demand twice this year.
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AUDUSD Weekly
Disclaimer:
The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions.
Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us.
The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.
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starseedfxofficial · 18 days ago
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The McClellan Oscillator Meets Machine Learning: A Game-Changing Forex Strategy The McClellan Oscillator Meets Machine Learning: A Game-Changing Forex Strategy When it comes to Forex trading, leveraging the synergy between technical indicators and cutting-edge technologies can be like discovering a cheat code in a complex game. Enter the McClellan Oscillator and machine learning algorithms—a power duo that might just redefine how you trade. Before we dive into the deep end, let’s break down why this combination deserves your attention. Why the McClellan Oscillator Deserves a Spot in Your Toolkit The McClellan Oscillator is a breadth indicator that measures the momentum of advancing versus declining stocks. Think of it as the pulse of the market—a reliable way to gauge whether the market is trending bullish or bearish. While it’s widely used in stock trading, its potential in Forex often goes unnoticed. But here’s the kicker: applying machine learning algorithms to analyze McClellan Oscillator data transforms this classic indicator into a next-level trading tool. Imagine a GPS for your trades, but smarter. From Breadth to Depth: Machine Learning's Role in Forex Machine learning isn’t just a buzzword; it’s a revolutionary tool that enables traders to sift through massive data sets and identify patterns faster than you can say “chart analysis.” Here’s where it gets exciting: - Predictive Accuracy: By training algorithms on historical McClellan Oscillator data, you can anticipate market movements with uncanny precision. - Real-Time Analysis: Machine learning excels at processing data in real time, giving you actionable insights before the competition even blinks. - Adaptability: Unlike rigid trading strategies, machine learning models evolve with market dynamics, ensuring they remain relevant. Pro tip: Treat your machine learning model like a trusty apprentice. The better you train it, the more valuable its predictions will be. Trading Blunders You Can Avoid (With a Smile) Trading without proper tools is like buying shoes on sale, only to realize they don’t match anything in your closet. Don’t let that be your trading strategy! Here’s how the McClellan Oscillator + machine learning combo helps: - Overtrading: Say goodbye to impulsive trades. Let the data guide you. - Missed Opportunities: Avoid the regret of seeing a perfect trade after it’s gone. - Emotional Decisions: Machine learning doesn’t get emotional, and neither should you. To lighten the mood: Imagine hitting the ‘sell’ button instead of ‘buy’ and watching your trade plummet. That’s a sitcom-worthy blunder, but one that’s entirely preventable. Elite Tactics for Mastering This Dynamic Duo 1. Choose the Right Data Sets Machine learning is only as good as the data you feed it. Use clean, high-quality McClellan Oscillator data to train your models. Garbage in, garbage out. 2. Optimize Your Model Experiment with different machine learning algorithms like Random Forests or Neural Networks. Each has unique strengths for pattern recognition. 3. Backtest Like a Pro Before going live, backtest your strategy across multiple market conditions to ensure robustness. Think of it as a dress rehearsal for your trades. 4. Stay Ahead of Trends Combine oscillator insights with other indicators and market news. Forex isn’t a one-man show; it’s an orchestra. Case Study: Turning Insights into Action Let’s look at a hypothetical trader, Alex, who implemented this strategy. Alex combined the McClellan Oscillator with a machine learning algorithm trained on three years of historical data. The result? Alex increased his win rate by 20% and reduced drawdowns significantly. By following these steps, you can replicate similar success: - Gather data from reliable sources like ForexFactory or Bloomberg. - Train a machine learning model using Python or R. - Use predictions to guide trades, ensuring you validate signals with real-time data. Tools and Resources to Supercharge Your Strategy - Latest Economic Indicators and Forex News - Stay updated with market movements at StarseedFX. - Forex Education - Learn advanced methodologies at StarseedFX’s Free Forex Courses. - Community Membership - Join for expert analysis and elite tactics at StarseedFX Community. - Smart Trading Tool - Optimize your trades with automated tools at Smart Trading Tool. Parting Words of Wisdom Trading isn’t about predicting the future; it’s about preparing for it. The McClellan Oscillator and machine learning algorithms are your partners in this journey, helping you navigate the Forex market with confidence and precision. Remember, every master was once a beginner who refused to give up. —————– Image Credits: Cover image at the top is AI-generated Read the full article
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metamoonshots · 1 year ago
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[ad_1] In a shocking flip of occasions within the Argentine political panorama, the previous presidential candidate, Patricia Bullrich, who landed in third place in the course of the first spherical of the presidential election, has thrown her assist behind the favored libertarian determine, Javier Milei, a staunch advocate for Bitcoin. This pivotal endorsement comes as Argentina gears up for a run-off election subsequent month, with Milei rising as a number one contender. Patricia Bullrich Got here up third in First Spherical Within the initial round of voting, Bullrich secured 23.8% of the votes, trailing behind the incumbent Finance Minister Sergio Massa, who garnered 36.7%, and Milei, who managed to safe simply over 30%. Because the nation appears to be like ahead to the upcoming presidential election, the selection now lies between Massa and the self-proclaimed anarcho-capitalist, Milei. Bullrich’s endorsement of Milei carries a robust message—a name for basic change within the nation’s political path. She voiced issues a few potential continuation of what she dubbed the “worst authorities in historical past.” She makes clear reference to Massa’s Unión por la Patria alliance, led by former president and present vp Cristina Fernández de Kirchner. Bullrich acknowledged: “The urgency of the second forces us to not be impartial. Argentina can't begin a brand new Kirchnerist cycle headed by Sergio Massa.” Milei, now driving the wave of Bullrich’s endorsement, has a shot at including the 24% of voters who supported her, successfully bolstering his place to probably outperform Massa within the upcoming election. Nevertheless, Massa’s technique entails attracting disillusioned supporters from each Bullrich’s and Milei’s camps, making the race unpredictable. Curiously, Patricia Bullrich and Javier Milei have a fancy historical past. Bullrich’s political journey started along with her membership within the left-wing Montoneros guerrilla group. Through the years, she shifted her political affiliations, representing the Peronist Celebration, centrist Radicals, and numerous conservative alliances. Notably, in the course of the present election, Milei picked up on Bullrich’s previous and accused her of planting bombs in kindergartens. Bullrich retaliated with a defamation lawsuit, however in a shocking twist, she introduced at a press convention that she had forgiven Milei and dropped the authorized fees. Javier Milei’s Plans for the Future You will need to word that Milei’s major marketing campaign focus revolves round financial and safety issues. Argentina grapples with hovering triple-digit inflation, a depreciating peso, negative international forex reserves, and an online of capital controls. This financial turmoil has coincided with a surge in violent crime, prompting heightened safety issues. Supply: Bloomberg On this difficult state of affairs, Milei has proposed an audacious financial plan. As a radical libertarian, he pledges to shutter the nation’s central bank, denouncing it as a rip-off. He has additionally promised to drastically scale back authorities spending and dollarize the $640 billion financial system ought to he safe victory. As Argentina braces for the November run-off, voter turnout could also be marked by excessive absenteeism, with 10.4% indicating they might not vote and seven.5% remaining undecided. The nation stands at a pivotal crossroads, with the run-off election set to find out the nation’s future financial and political path. The publish Patricia Bullrich Backs Javier Milei in Run-off: Argentine Election appeared first on Bitcoin News. [ad_2]
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jerryads · 1 year ago
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The Best Way to Learn About Forex Trading: A Comprehensive Guide
Forex trading, short for foreign exchange trading, has become an enticing realm for both seasoned investors and newcomers looking to explore the world of currency markets. Learning about forex trading can open doors to financial opportunities, but it's essential to navigate this complex landscape with knowledge and strategy. In this article, we will explore the best ways to learn about forex trading, regardless of whether you're a complete beginner or someone seeking to enhance their trading skills.
1. Understand the Basics
Before diving into the world of forex trading, it's essential to grasp the fundamental concepts and terminology. Start by learning what forex trading is, how currencies are traded, and the significance of currency pairs. Familiarize yourself with terms like pips (percentage in point), lots, leverage, and the bid-ask spread. Online resources and introductory books on forex can provide you with this foundational knowledge.
2. Online Courses and Webinars
One of the most effective ways to learn about forex trading is by enrolling in online courses and attending webinars. These resources are designed to provide structured, comprehensive education. Look for reputable platforms or institutions that offer courses on forex trading. These courses typically cover topics such as technical and fundamental analysis, risk management, trading strategies, and live trading sessions. Many of these courses are taught by experienced traders who can offer valuable insights and practical advice.
3. Practice with a Demo Account
Theory alone won't make you a proficient forex trader. You need hands-on experience, and a demo account is the perfect starting point. Most reputable forex brokers offer demo accounts that allow you to trade with virtual money in real market conditions. This gives you the opportunity to practice executing trades, test your strategies, and get a feel for the platform without risking your capital. Consider the demo account as your training ground before moving to live trading.
4. Learn from Reputable Forex Books
Numerous books have been written on forex trading by experts in the field. Reading these books can provide you with valuable insights into the forex market, trading psychology, and various trading strategies. Some recommended titles for beginners include "Currency Trading for Dummies" by Brian Dolan and "Japanese Candlestick Charting Techniques" by Steve Nison. As you progress, you can explore more advanced books to deepen your knowledge.
5. Keep Up with Financial News
The forex market is greatly influenced by economic events and news releases. Staying informed about global economic developments is crucial for successful trading. Follow reputable financial news sources, such as Bloomberg, Reuters, CNBC, and specialized forex news websites. Understanding how economic data and geopolitical events impact currency markets will help you make informed trading decisions.
6. Practice Fundamental Analysis
Fundamental analysis involves evaluating economic indicators, central bank policies, and geopolitical events to anticipate currency price movements. Learning how to analyze these factors is essential for successful forex trading. Take online courses or read books dedicated to fundamental analysis to master this crucial aspect of trading.
7. Master Technical Analysis
Technical analysis involves studying price charts and patterns to predict future price movements. It's a critical skill for forex traders. There are countless resources available to learn about technical analysis, including online courses, webinars, and books. Understanding concepts like support and resistance levels, trendlines, and common technical indicators like moving averages and RSI (Relative Strength Index) can enhance your trading skills.
8. Build a Trading Plan
A well-structured trading plan is your roadmap to success in the forex market. Your plan should outline your trading goals, risk tolerance, trading strategy, and money management rules. Create a plan that suits your trading style and adhere to it rigorously. A trading plan helps you stay disciplined and avoid impulsive decisions.
9. Join Forex Forums and Communities
Engaging with a community of like-minded individuals can be immensely beneficial. Joining forex forums and communities allows you to exchange ideas, share experiences, and learn from others. It's also an excellent way to stay updated on market developments and trading strategies. Be cautious and verify the credibility of the sources within these communities.
10. Analyze Your Trades
Every trade you make, whether a win or a loss, is a learning opportunity. Keep a trading journal to record your trades, including entry and exit points, reasons for the trade, and outcomes. Regularly reviewing your trading history can help you identify strengths and weaknesses in your strategy and improve your trading performance over time.
11. Use Risk Management Tools
Managing risk is a fundamental aspect of forex trading. Implement risk management tools such as stop-loss and take-profit orders to limit potential losses and secure profits. Never risk more than you can afford to lose on a single trade, and be mindful of your leverage.
12. Open a Live Trading Account
Once you've gained confidence and proficiency through practice and education, consider opening a live trading account. Start with a small amount of capital that you can afford to lose without significant financial consequences. The transition from demo to live trading can be emotionally challenging, so it's essential to stay disciplined and stick to your trading plan.
13. Learn from Experienced Traders
Learning from experienced traders can significantly accelerate your forex education. Seek out mentorship or guidance from professionals who have a proven track record in forex trading. Many experienced traders offer mentoring or coaching services, which can provide you with valuable insights and personalized guidance.
14. Continuously Improve
The world of forex trading is dynamic, with market conditions and strategies evolving over time. It's crucial to remain adaptable and open to learning throughout your trading journey. Attend advanced courses, read books on specialized topics, and explore different trading strategies as you become more experienced.
15. Manage Your Emotions
Emotions play a significant role in forex trading. Fear and greed can lead to impulsive decisions and significant losses. Developing emotional discipline is essential for success. Stick to your trading plan, maintain a calm mindset, and avoid making emotional decisions.
Conclusion
Learning about forex trading is a journey that requires dedication, education, practice, and discipline. Whether you're a complete beginner or an experienced trader looking to enhance your skills, the best way to learn about forex trading is through a combination of structured education, hands-on experience, and continuous improvement.
Start by building a strong foundation with basic knowledge, online courses, and demo accounts. As you progress, delve into technical and fundamental analysis, risk management, and trading psychology. Engage with the forex trading community, seek mentorship when possible, and stay informed about market developments.
Remember that forex trading is not a guaranteed path to riches but rather a skill that can lead to financial opportunities when approached with dedication and the right knowledge. Your success in forex trading depends on your commitment to learning, discipline, and continuous improvement.
<<<GRAB MY FREE FOREX COMPREHENSIVE GUIDE>>>
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collegeafricagroup33 · 2 years ago
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Microsoft Excel
MS Excel is used extensively in firms around the globe, yet it is often perceived as daunting because of the variety of features, shortcuts and formulation either. Advanced Microsoft Excel covers all ideas on the means microsoft excel 2019 to management finances utilizing features similar to logical take a look at, lookup and superior reporting features. Excel could be accessed throughout all my units and in addition on all platforms.
You can create a Pivot Table by choosing any cell in a knowledge set, clicking PivotTable on the Insert tab and clicking OK. Excel has a strong range of features, nevertheless it may also be intimidating – and most users barely scratch the surface. You now have access to a complete online library of stock photographs and icons that may use used to take your next presentation or doc to the subsequent degree. Gone are the days of needing to look for images, saving them out and importing them.
Additionally, it features a wide selection of visualisation instruments that make it easy to generate stunning graphs and charts. Furthermore, Microsoft Excel consists of fantastic collaboration instruments that make working with others and sharing documents simple. After attending this training course, delegates will be capable of generate equations permitting them to offer additional information on important firm functions. They'll have the flexibility to create spreadsheets that higher organise information and give a clearer picture of what's being enter.
Delegates will study various capabilities of Excel to take care of the spreadsheet, create graphical visualisation, and take environment friendly choices to realize proficiency within the organisation. During the coaching course, they may also master the details about the essential worksheet modelling in enterprise analytics. In this 1-day Microsoft Excel VBA and Macro Training course, delegates will get hold of a strong understanding of Visual Basic for Applications and macros. During this coaching, they'll get knowledge of tips on how to handle and regulate user enter by creating person varieties in Excel.
By buying, one license, i received 5 further licenses which i could share with my family. The onedrive feature connected with excel helped me in fixing the storage points too. 3 random questions primarily based on our in style YouTube playlist of Excel hacks in 2 minutes or less. Guess the answer, view the outcome and watch the video clip for extra particulars. CONCATENATE lets you be part of text/ cells together to create a single cell.
The instruments you should use embody sorting, formulae and features and queries. At the top of this coaching course, delegates will acquire insights into all of the totally different functions used in Excel. Delegates may also get familiar excel features with summarising data using histograms and Pareto charts. Our highly professional trainer with abundant information has curated this coaching course to drive the delegates to the trail of gaining enterprise analytics fundamentals and enhancing data-driven decision-making expertise.
INDEX, OFFSET and WINDOW capabilities are the new youngsters on the block in DAX. Learners are required to have knowledge, comprehension and utility of English at Grade 10 or equivalent. The Late Shove report provides a synopsis of the activity in the every day closing public sale throughout the Top forty, Mid Cap and Small Cap indices. It enables merchants and buyers function of microsoft excel to identify particular stocks that have experienced unusual moves within the auction to raised trade these moves. An elegant model to visually examine numerous present and historical forex volatility skews and time period buildings as published by Bloomberg.
But with the quantity of obtainable data growing every day, the power to make sense of all of that information is turning into increasingly more difficult. Fortunately, that is where the facility of Microsoft® Office Excel® 2016 might help. Excel can help you arrange, calculate, analyze, revise, update, and current your information in ways that can help the choice makers in your group steer you in the proper direction. It may even make these tasks much simpler for you to accomplish, and in a lot less time, than when you used traditional pen-and-paper strategies or non-specialized software.
The task outlines various questions you can ask your self to further refine your seek for info. You are then instructed to assemble the data and analyse it and, finally, to current your findings in a report. With this information, you will be able to start out your research.
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gambitaibot · 2 years ago
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About Gambit (Forex AI Bot)
Gambit is a multi-award winning, multi-asset FX & CFD broker, enabling clients worldwide to trade currency pairs, indices and commodities in premium trading conditions.
Gambit group operates under full regulation of the trusted and reputable financial authorities, and have obtained the certificate of  Company incorporation of UK (NO. 648LLC2020) in 2020.
We are great believers in helping our clients grow and prosper as traders. That’s why we provide a full and integrated BOT suite of trader support services ranging from personalised 1-on-1 coaching, industry-leading market analysis and innovative smart trading tools so our clients can make better, more informed trading decisions.
At Gambit, we are committed to building long term relationships with our clients. We operate on trust, transparency and provision of premium trader support services, and it is these values & principles that have made us a preferred and trusted partner for traders around the world.
Gambit - Your Trusted Success Partner
Gambit has teamed up with Trading AI BOT Central to provide it's clients with the latest news and data, technical analysis and trading set ups.
AI BOT Trading Central has a proven track record in delivering an accurate and timely assessment of the financial markets. It provides market insights and knowledge based on many years of experience acquired on the trading floors of reputable banking institutions and through the affiliation it has with key partners.
These partners include:
Bloomberg
Dow Jones Newswire
Interactive Data Real Time Services
Thomson Reuters
Gambit members have the privilege to gain access to AI BOT Trading Central's facilities.
Gambit was created in 2014 to provide a stable no dealing desk Forex broker to service a global client base. Our veteran management and support team comprises highly experienced Forex and fin-tech professionals with combined decades of experience providing the best possible trading conditions and client support to both retail and institutional clients.
Gambit has assembled a strong leadership team based in England UK. 
With decades of combined financial services and management consulting experience, you can rely on the Gambit leadership team to provide the most stable, secure and reliable trading environment.
The Gambit leadership team frequently consults with stakeholders such as regulators, banks and other members of the financial services industry to ensure business integrity and customer security. The team also liaises with experienced service providers from Singapore, Australia, USA, UK and India to bring the best industry experience and innovations to Gambit customers.
AI technology is advancing at a rapid pace and forex traders are eager to utilize the power of machine learning for their own trading strategies. According to the Federal Reserve, more than half of all forex trades are automated with the use of an algorithmic counterparty. Already more than two-thirds of forex trades are placed though algorithmic trading vehicles. But most algorithmic trading requires strong computer programming skills that many retail traders simply don’t have.
Yet AI and its applications continue to develop. Every month, retail traders are finding better ways to automate their trades through bot trading. In this article, we review some common ways to automate a trading strategy and then we’ll look at one of the newest AI trading programs available to Forex traders.
AI BOT
Trading algorithm is a systematic set of instructions written in a computer language that informs what actions to be taken by a given trading platform. It takes a few seconds for a professional trader to make an expert decision, while for algorithm this time is only 0.0001 seconds.
It is not surprising that the majority of financial institutions trust them. Nowadays, 3/4 of the trading decisions are taken by machines, not by people. Their speed of data processing and decision-making gives them precedence over every human mind.
With Forex Robot you can trade without being influenced by greed, fear or even simple mistakes in your orders. Experience and knowledge do not matter to them. The software integrates sophisticated algorithms and management tools. Thanks to them, the robot continuously scans the market and decides when to execute appropriate orders.
Without mistakes related to manual trading
Round the clock trading
No emotions
No need to keep track of the market constantly
No experience is needed
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Sri Lankaʹs Economic Crisis
Sri Lanka is in the midst of a serious economic crisis, with the government running out of foreign money and unable to pay for essential imports like fuel, food, and other necessities.
Huge debt caused by years of cumulative borrowings, high inflation, a lack of international currency, key sectors experiencing a sharp drop in demand due to the pandemic, and alleged poor governance are just a few of the factors that have dragged Sri Lanka into not only an unimaginable financial downturn but also enormous political unrest.
After the country depreciated its currency sharply last month, just ahead of talks with the International Monetary Fund (IMF) for a loan program, Sri Lankans have been suffering from rising costs and shortages. The negotiations are still ongoing.
Sri Lanka is experiencing its biggest economic crisis since gaining independence in 1948. The cost of basic necessities such as food, fuel, and medicines has risen dramatically. Rice costs 500 Sri Lankan rupees per kilogram, while sugar costs 290 rupees. In Indian Rupees, this is roughly Rs 126 and Rs 73, respectively. Even for basic necessities, citizens must wait in lines for hours. Troops have been stationed at state-run petrol outlets to facilitate distribution. In the sweltering heat, the residents have to bear daily power outages of more than seven hours.
Many people blame the current situation on successive Sri Lankan administrationsʹ economic mismanagement. The countryʹs tourism sector, which is one of the countryʹs largest revenue producers, has been severely hit by the 2019 series of bomb bombings in Colombo. The Covid epidemic exacerbated the problem.
The Finance Minister has been ousted, several Cabinet ministers have resigned, and demands for the Presidentʹs resignation are growing louder. As the protests become stronger, the rest of the globe is left wondering what really is causing this turmoil.
The countryʹs economy was shut off from global markets as the crisis worsened. As a result, the FX reserve has decreased by about 70% in the last two years. As per Bloomberg, Sri Lanka had a $2.3 billion forex reserve in February and close to $7 billion in external liabilities, the majority of which was due in July.
In addition, the governmentʹs policy to phase out chemical fertilizers in 2021 has resulted in decreased rice yield this year. The present government, led by President Gotabaya Rajapaksa, has raised the debt. The President, on the other hand, has attributed the issue to the pandemic.
MP de Silva stated in a December statement in Parliament stated that the only way to bring the country out of its current dilemma is to seek assistance from the International Monetary Fund (IMF). He claimed that domestic efforts would be useless and that the countryʹs economy could only be rebuilt with the help of the International Monetary Fund (IMF). In late December, then-Agriculture Secretary Udith Jayasinghe cautioned reporters that the government may need to seek foreign assistance to feed the destitute and needy.
With national expenditure exceeding national revenue and imports exceeding exports, the South Asian republic has become a textbook example of a twin deficit economy. Itʹs evident that unless the country receives assistance, it may not be able to put itself back together. To withstand the crisis, it has requested financing from the Asian Development Bank, India, and China.
Sri Lanka has requested help from India and China. In addition to a $500 billion line of credit granted in February, India recently extended a $1 billion line of credit. Sri Lanka has also received food and gasoline from India. The Rajapaksa regime has asked New Delhi for an additional $1 billion.
Happy Trading, Happy Investing!!!
For more updates follow Aryaa Money which is an online share market training providing Institute engaged in Stock, Commodity, Forex market trading, training and consultancy services.
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forex4live-blog · 3 years ago
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$eight to $100 Fundamental Pip Lord kills the market together with his Escalpando Foreign Exchange trading technique
$eight to $100 Fundamental Pip Lord kills the market together with his Escalpando Foreign Exchange trading technique
$eight to $100 Fundamental Pip Lord kills the market together with his Escalpando Foreign Exchange trading technique WATCH: $eight to $100 – Fundamental Pip Lord kills the market together with his Escalpando Foreign Exchange trading technique. #ForexTradingStrategies is a channel serving to #Foreign Exchange traders – new and skilled, with Foreign Exchange trading methods to assist or enhance…
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