July Holidays 2023: Insights for Traders
Dear Client, Please be informed,That due to the upcoming Holidays in July 2023,Trading hours will be adjusted as follows: Instrument Name 03rd of July 04th of July Monday Tuesday US Indices Spots Early Close 20:15 Early Close 20:00 JP225 Spot Early Close 20:15 Early Close 20:00 Metals Early Close 21:15 US Shares Early Close 20:00 […]
Week’s End Wisdom: Essential Tasks for Traders at the Close of the Week
Welcome traders! As we wrap up the trading week, let’s discuss the key activities that can help traders transition smoothly into the next week. Remember, the end of the trading week isn’t just about closing trades; it’s also about learning, planning, and recharging. Taking these steps can set you up for continued success in your […]
Navigating Day Trading: News, Sizing, Mastery
Welcome traders! I’m Adam Harris with FXGlobe, and today, we’re continuing our exploration of the exhilarating realm of day trading. We’ll delve into a few key aspects that often bewilder many budding traders. News Trading, Gambling, or Calculated Risk? In the realm of day trading, it can be tempting to dive headfirst into major news […]
Juneteenth: A Historical Milestone and Its Market Implications
Welcome traders! You may or may not be aware, but today is a national holiday in the United States, and as you surely have experienced by now, U.S. holidays tend to leave a mark in the activities across the asset classes, or rather, lack of activity. As we commemorate Juneteenth, a pivotal moment in American […]
Are Major Currencies Overrated? The Truth Revealed!
Major currencies play an integral role in shaping global trade and finance dynamics. Across countries all over the world, The US dollar, Euro, Japanese Yen, British Pound, and Swiss franc enjoy widespread acceptance and serve as valued reserve assets for central banks worldwide. Though undoubtedly important, it is worth considering positive and negative implications associated […]
Mastering Forex Day Trading: Advanced Insights
A Comprehensive Guide to Strategic Moves and Risk Management in Forex Day Trading Welcome traders! Traders, today we delve further into the realm of day trading on Forex markets, a domain known for its fast pace and exhilarating opportunities. Remember, in our last discussion; we identified the top 5 forex pairs to day trade. Now, […]
Unlocking the Power of Major Currencies
Investing or trading within the Forex market demands a strong grasp of how significant major currencies play a role in global trade. These currencies; such as GBP (Great British Pound), JPY (Japanese Yen), EUR (Euro) and USD (United States Dollar), are vital players in international trade; serving as critical mediums for exchange between nations. Furthermore, […]
GBPUSD Pullback: Analysis and Strategies
Good morning Traders! GBPUSD The market is in an uptrend on the Daily and the Weekly timeframes, and it is currently pulling back and has met with it’s Moving Averages on the Daily timeframe. Drawing the Fibonacci retracement of the latest Daily move, has the 50% retracement clustering nicely with the previous Weekly Swing High […]
Major Currencies: Debunking 5 Common Myths
The world of trading may seem complex, but major currencies are at the top of their game. The elite seven include; the US dollar, euro, Australian Dollar, British Pound Sterling, Swiss Francs, Canadian dollar and Yen. These popular currencies are highly liquid, making them favoured among traders. The US dollar holds an indisputable spot as […]
S&P 500
Good morning Traders! S&P 500 The market is in an uptrend on the Daily and the Weekly timeframes, and it is currently overextended from it’s Moving Averages on these timeframes. Drawing the Fibonacci retracement of the latest Daily move, has the 50% retracement clustering nicely with the August 22 highs as well as the mid […]