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July 2017 Blog Posts (4)

Why most novice traders fails in the forex market

Trading the financial instrument is one of the most complex tasks in the world. Every single day the number of retail traders in the financial market is increasing at an exponential rate due to its extreme level of profit potential. If you look at the professionalSingaporean traders then you will notice that most of them are making a decent profit in every single month. But in order to make a consistent profit, you must have a very clear understanding of the basic of the forex market. If you…


Added by Richard Henry on July 31, 2017 at 10:25am — No Comments

USD/JPY: technically bearish, but BOJ on the way

The USD / JPY extended its decline to 111.55 on Wednesday, its lowest since June 27, with the persistent dollar weakness as the main driver for the pair. US data published before the opening of Wall Street were better than expected, but it was not enough to push the pair back above the 112.00 level, and in fact the aforementioned minimum was achieved after publication. During the next Asian session, Japan will publish its trade balance figures for June, and more relevant, the latest monetary…


Added by Juan Luis on July 20, 2017 at 3:30am — No Comments

EUR / USD at highs near 1.1440 post-NFP

The single currency is increasing the pace against the dollar after the US NonFarm Payroll data is known, directing the EUR / USD pair to the 1.1435 / 40 area.

EUR / USD post data NFP US

The pair added momentum on Friday after the US economy added 222,000 jobs during June, exceeding estimates for a gain of 179,000 and higher than 152,000 in May (revised 138,000). In…


Added by Juan Luis on July 20, 2017 at 3:30am — No Comments

Rising popularity of trading though smartphones

The modern world is now the age of computer and smartphone. All of the electronic devices we use now a day, the smartphone is the most popular and widely used device. All companies are trying to focus on the development of smartphone and tech giants like Samsung and Sony have their own research centers for advancing the smartphone technology. It does not surprise the traders in the market that their favorite trading platform is now being offered on their respective app store. If you are not…


Added by Richard Henry on July 14, 2017 at 8:36am — No Comments



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