Trending Now
Dollar Paring Losses after a Long Losing Weak, Sterling Tumbles on...
Swiss Franc is trading as the strongest major currency today, but it's now followed by Dollar as the second weakest, who's paring some of...
FOMC Preview: Destination Neutral
As the real economy is in good shape, the Fed is on autopilot until the target range reaches 2.75-3.00% (most FOMC members' estimate...
Week Ahead – FOMC Meeting and PCE Inflation Eyed as Dollar Loses Momentum; RBNZ also Meets
All eyes will be on the Federal Reserve policy meeting in the United States next week as markets await the central bank’s response to...
Sterling Down on May Brexit Warnings
Theresa May took to the podium on Friday in an attempt to hit back at the EU after she was humiliated in Salzburg in...
US 500 Index Achieves New All-Time High; Holds in Upward Sloping Channel
The US 500 index reached a fresh all-time high of 2939.20 earlier today and has been stuck in a channel titled to the upside...
Week Ahead; Theresa May, Trump, Trade War, Fed
Thersa May created a lot of uncertainty in the market by saying no deal is better than a bad deal. She has nothing on...
Trump’s Trade Crusade: Good or Bad for World Economy?
Key points
The tit-for-tat trade dispute between the US and China escalated this week.
However, the market reaction was positive, as the actions were...
FOMC Preview: Destination Neutral
As the real economy is in good shape, the Fed is on autopilot until the target range reaches 2.75-3.00% (most FOMC members' estimate...
Week Ahead – FOMC Meeting and PCE Inflation Eyed as Dollar Loses Momentum; RBNZ also Meets
All eyes will be on the Federal Reserve policy meeting in the United States next week as markets await the central bank’s response to...
Weekly Focus: Italy Countdown
Market movers ahead
In the US, we expect the Fed to hike the target range to 2.00-2.25% and PCE core inflation to rise +0.1%...
GBPUSD Outlook: Sterling Slumps on Signals of Brexit Talks Stall
Sterling crashed on Friday, losing 1.45% for the day so far, on dip to session low at 1.3063, driven by signals that Brexit talks...
Canada: Headline Inflation Eases in August, but Core Measures Accelerate
Consumer prices rose 2.8% year-on-year in Canada in August, a slight deceleration from the 3% posted in July but right in line with market...
Sunset Market Commentary
Markets
Global core bonds trade mixed today with German Bunds outperforming US Treasuries. The only noteworthy move of the day occurred at the start of...
Canadian Retail Sales Up in July Though Volumes Dipped
Highlights:
Retail sales rose 0.3% in July though were off 0.1% in volume terms (excluding the impact of prices)
The volume of sales ex...
Canada’s Headline Inflation Rate Eased Mildly in August; Core Measures Up
Highlights:
CPI dipped 0.1% in August in line with expectations
The year-over-year rate slid to 2.8% from 3.0% in July
Bank of Canada’s core...
- Advertisment -
Trump’s Trade Crusade: Good or Bad for World Economy?
Key points
The tit-for-tat trade dispute between the US and China escalated this week.
However, the market reaction was positive, as the actions were...
China Unlikely to Give In to Trump’s Demands Despite New Tariffs
Trump is expected to implement the second round of tariffs on an additional USD200bn of imported goods from China either later today or...
Yield Outlook: Italy Moving to the Background and Fed Hikes to Continue
The focal point in the European bond markets over the summer has been Italy. This has resulted in downward pressure on, in particular, German...
As NAFTA Talks Enter Final Stretch, is the Loonie Set to Rally?
The US-Canada trade talks have heated up lately, with a deal by the end of this month looking increasingly more realistic. In such a...
01 – Fundamental Analysis Overview
As you have already read, Fundamental analysis is studying the economic fundamentals of a currency, country, or economy. Economic fundamentals really is a very...
01 – Support and Resistance
For the bushy-tailed and bright-eyed newcomer, technical analysis of the Forex market often becomes an obsession.
I know for me it was.
Although you will learn...
00 – Trading Psychology 101
Now that you've studied the basics of technical and fundamental analysis, as well as the importance of proper risk management techniques, it's about time...
00 – Risk Management 101
In forex trading, there are several factors that you can't really control. While you can be able to make predictions based on fundamental analysis...
00 – A Beginner’s Guide to Fundamental Analysis
What is Fundamental Analysis?
Fundamental analysis mostly refers to the use of economic data to predict forex price movements. While technical analysis focuses on historical...
00 – A Beginner’s Guide to Technical Analysis
Technical analysis refers to the study of past price action as a guide in forecasting future price movements. This involves looking at candlestick formations,...
01 – How to Start Trading in 4 Easy Steps
1. Register with OctaFX by opening an account
Having an account allows you to access your personal area on our website and to trade...
01 – How Does Forex Work?
How Does Forex Work?
Forex trading is the simultaneous buying of one currency and selling of another
These two currencies make up what is...
GBP/USD. Popular Currency Pair Features
The British pound is one of the most important currencies in the world. The pound takes the 4th place in terms of turnover, as...
Trading 101: How to Trade Gold & Metals
The great Technical Analyst Martin Pring once said: “The more I work with markets, the more it becomes apparent that prices are determined by...
What Moves FX Markets?
Foreign exchange is one of the most actively traded markets in the world. From its roots in the early 1970s, it has grown to...
ECN Forex Trading Explained
Trade execution usually doesn’t rank that high for most traders, especially in the retail forex business. That being said, the past few years has...
Inside the Forex Market: Fake News, Currency Wars & Corruption
Fake news has become one of the buzzwords of 2017, with almost weekly reports regarding politicians or political events, causing outrage due to their spurious nature. The growing importance of social media has exacerbated the problem with fake news reports spreading like wildfire and quickly garnering vast amounts of attention before they can be disputed and or corrected.
How to Simplify your Forex Trading
It’s entirely possible to trade profitably using just our eyes, charts, and grey matter as “hunting” for setups can cause more pain than gain....
A Brief Look at Trading Psychology
Why is psychology such an important aspect in trading? Well, if you're incapable of controlling your mind/thoughts whilst operating in the market, you stand very little chance of reaching consistency.
3 Steps to Building a Winning Mindset for Successful Trading
Statistics say that hardly 2% of traders actually make the cut. The remainders of the 98% are merely a flash in the pan. Some traders give up at the first taste of failure; others continue to spend money in hopes of finding the 'Holy Grail' of trading.
What Can We Learn from Successful Traders?
Although at times trading can seem like banging one’s head against a wall, there is light at the end of the tunnel.
There are traders...
Size DOES Matter… When Considering Risk and Strategy!
A phenomenon that a lot of traders notice – and you might have seen it yourself – is that when they increase the size...
Rising and Falling Wedge Patterns
When talking about reversal patterns in Forex trading, few are more familiar or widely-known than rising and falling wedges. But why so? Well, wedge...
How to Identify and Trade the Strongest Part of a Trend – Part 1
Technical indicators are often used by traders for a number of reasons, but primarily to detect the changes in the markets. Technical indicators are relied upon for signs of any change in direction, or the momentum in the price of the underlying security as well as volatility in the markets.
How to Trade Forex Using Fibonacci Retracements
How a centuries-old mathematical sequence can help traders identify entry or exit points in modern markets.
What if I told you there is a mathematical...
How to Cut Losses and Ride Winners
Have you ever pulled the plug on a trade, only to see it cover 200+ pips in the next few hours? I have, and it's not a nice feeling. Vice versa: have you ever held onto a losing trade, thinking that the market had to turn around sooner or later? Again, I've done that. I've widened my stop loss, exposing more of my capital to the market. These are direct violations of the one rule that we simply cannot ignore: cut losses quickly and let winners ride as long as (logically) possible.
Risk Management in Forex Trading: Tips & Tricks
Clearly, any trading operation on the financial market is somehow connected with risk. Risk management becomes more and more popular not only among traders,...