Short answer: Day trading is the practice of buying and selling financial instruments within a single trading day, with the goal of profiting from short-term price movements. It involves con… Read More
Oil prices closed fractionally lower on Monday in a volatile trading session, plunging and then rebounding after Saudi Arabia “categorically” denied a report that Opec was wei… Read More
I was reading a bit more about Ed Seykota after seeing The Whipsaw Song.
Ed Seykota became famous after appearing in Jack Schwager’s Wall Street Wizards book. He has an El… Read More
US dollar pares gains from NFP report
Friday’s higher Non-Farm Payroll data saw the US dollar reverse much of its losses from Thursday, characterising a very choppy back-and-forth week… Read More
API Crude Inventories halt oil recovery
After Monday’s price meltdown, oil prices consolidated nervously at their recent lows overnight. Brent crude finished the session 0.20% lower at… Read More
Trade the News – An understanding of the stages of News Trading for Forex traders
This is what you need to know when you trade the news-
The Economic News Release (ENR) is a pre-schedu… Read More
Talks to finalize an ambitious but tentative deal to stabilize oil markets from the ravages of the coronavirus pandemic are expected to resume on Friday as energy ministers from the Grou… Read More