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CFTC Commitments of Traders – NET LENGTH for DXY Index Futures...
As suggested in the CFTC Commitments of Traders report in the week ended January 14. NET LENGTH in USD Index added +795 contracts to...
Canadian Trade Worries Easing, But Domestic Headwinds Remain
The revised version of the United States-Mexico-Canada Agreement (USMCA), or CUSMA in Canada, is now heading to President Trump's desk. The deal was signed...
ECB Preview: Time to Reveal the Scope
The ECB meeting next week is set to focus on the strategic review and not on new policy messages. Media reported that ECB...
Weekly Economic and Financial Commentary: A Pretty Good Start to the Year
U.S. Review
2020 Is Off to a Good Start
Most of this week's economic reports showed the economy ended 2019 with strong momentum, while the...
The Weekly Bottom Line: Canada – Trade Deals Abroad, Decent Data At Home
U.S. Highlights
Data releases over the week reinforce the main themes in the U.S. economy: solid consumption, housing market recovery, faltering business investment and...
Canadian Trade Worries Easing, But Domestic Headwinds Remain
The revised version of the United States-Mexico-Canada Agreement (USMCA), or CUSMA in Canada, is now heading to President Trump's desk. The deal was signed...
ECB Preview: Time to Reveal the Scope
The ECB meeting next week is set to focus on the strategic review and not on new policy messages. Media reported that ECB...
Weekly Economic and Financial Commentary: A Pretty Good Start to the Year
U.S. Review
2020 Is Off to a Good Start
Most of this week's economic reports showed the economy ended 2019 with strong momentum, while the...
The Weekly Bottom Line: Canada – Trade Deals Abroad, Decent Data At Home
U.S. Highlights
Data releases over the week reinforce the main themes in the U.S. economy: solid consumption, housing market recovery, faltering business investment and...
Forward Guidance: Trade Deals Just One Factor in BoC’s Outlook
The Bank of Canada held interest rates steady throughout 2019 and is widely expected to do so again at its first meeting in 2020....
The Week Ahead – BOJ, BOC, and ECB to Keep Rates on Hold as Markets Focus on Global PMI Readings and Earnings
The debates on how much of an impact the Phase One trade deal will have on the global outlook will continue as market concerns...
OIL WEEK AHEAD: Davos’ Explosive Mix
The World Economic Forum in Davos usually provides ample headlines for the oil industry, but this year one strategic player will be absent. Russia’s...
Weekly Focus: Central Banks are Back on Stage
Risk sentiment generally stayed on a strong footing this week as investors heaved a sigh of relief after the US-China phase one trade deal...
Week ahead – ECB, BoJ, and BoC Meet Before Crucial European and UK PMIs
It’s going to be an action-packed week, with three major central bank meetings and a storm of economic data likely to keep traders glued...
U.S.-China Agree to Trade Deal that Commits China to Dramatically Raise Imports of U.S. Goods and Services
On January 15th, the U.S. and China signed phase one of a trade deal. The deal removes the threat of additional U.S. tariffs...
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Canadian Trade Worries Easing, But Domestic Headwinds Remain
The revised version of the United States-Mexico-Canada Agreement (USMCA), or CUSMA in Canada, is now heading to President Trump's desk. The deal was signed...
U.S.-China Agree to Trade Deal that Commits China to Dramatically Raise Imports of U.S. Goods and Services
On January 15th, the U.S. and China signed phase one of a trade deal. The deal removes the threat of additional U.S. tariffs...
US-China Phase I Trade Deal Signed, Execution & Phase II Negotiations the Next Focus
Signing of the Phase I trade deal marks an end of the beginning the trade war between the US and China. While the deal...
After an Impressive New-Year Rally, What Does 2020 Hold for Gold?
Gold has been on a tear lately, reaching heights not scaled since 2013 to temporarily breach the $1600 an ounce level. However, with risk...
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...
Risk-on and Risk-off
First confronted with the somewhat esoteric terms risk-on and risk-off (or RoRo) typically (for those born in the 70s/80s) evokes childhood memories of the...
Exchange Rate on Forex
Exchange rate is one of the key concepts on Forex. Traders sell one currency, buy another and earn on the difference in rates. When...
Currency Pairs: What Pairs Are Better for Trading on Forex
A lot of currency pairs are available for trading in the forex market. Each currency pair has its own characteristics, which should be taken...
Bitcoin Is a Bubble, Yet Cryptotrading Still Works
The first major economic bubble is related to the very idea of public trading. The moment East India Company started selling stock, it had...
Five Factors that Drive FX Prices
1) Perceptions about the Future Path of Interest Rates
These are perhaps the most classical of all the drivers of Forex rates. Long-standing economic doctrines...
How Keeping a Trading Journal Can Help You Boost Performance
Did you know that you can boost your trading performance and increase your success rate even with your current trading strategy?
The solution is simple...
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.
Greed and Fear in Trading
Financial markets are driven by two powerful emotions - greed and fear'. This is an old Wall Street saying we've heard more times than we care to remember, but still holds true today. Whether one admits it or not, greed and fear are two drivers that have a big impact on our lives. Unfortunately, these emotions carry over to our trading, which, if not controlled, can have a detrimental effect on your account.
What Separates Beginners from Professionals in Forex Trading?
The world of forex is full of excitement; it gives traders the possibility of controlling huge amounts of money without the need to invest a lot of their own capital. The old industry saying of 'buy low, sell high' – when done right – can be extremely rewarding..
Apply the Best Mindsets for Efficient and Enjoyable Trading
An optimal mindset is key to achieving efficient and enjoyable trades. With a volatile forex market, traders need a reliable mindset to manage all trading activities. By obtaining a strong and optimistic mental attitude, you can properly accomplish trades and vital tasks for success. Applying the right mindset allows a focused way of thinking that can minimize anxiety and reduce the chances of emotional trading. To have a healthy outlook towards the forex market, practice the best mindsets for optimal forex trading.
Fixed Or Moving Stop Losses
Understanding the importance of stop losses, whether you are using them just for security or as an integral part of your strategy, there is...
Forex Day Trading Strategies and Tips
Intra-day trading is a set of Forex day trading strategies that demand opening and closing trades on the same day. Considering that markets can...
How to Use the ADX Indicator to Improve Your Trading?
The ADX or the Average Directional Index indicator is a handy tool that can help traders in a number of ways. For the most part, those who follow a trend trading strategy will discover that the ADX can be a useful addition. While traders often end up using two or more indicators that basically gives the same information making them redundant, the ADX indicator in fact compliments any other trend based indicators.
Scalping: How to Opportunistically Trade the FX Market
Scalping is an area of Forex trading that always appeals to new traders because of the potential to make big profits, quickly. However, with the high level of reward also comes a high level of risk, so it is super important that you take the time to properly understand scalping before applying it to live markets. As ever we are going to take things slow and steady and make sure that we cover everything so that you are really comfortable.
Approaching Money Management
The majority of traders seem obsessed with carving out a flawless trading method, often mistakenly overlooking the significance of money management.Whilst it is strongly...