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What does Buy-Low-Sell-High mean in the forex market?
"Buy low and sell high" is the essence of the market cycle. While the market forming its trends, it will not move up and down in a straight line. Instead, the market sometimes adjusts price in the direction that is contrary to established trends. For traders, the goal is to seize the low points form
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USD/CHF Weekly Outlook
USD/CHF stayed in consolidation above 0.9050 last week and outlook is unchanged. Initial bias stays neutral this week first. With 0.9241 resistance intact, further decline is expected. On the downside, break of 0.9050 will resume larger down trend. Nevertheless, on the upside, break of 0.9241 resist
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AUD/USD ignores RBA’s Lowe to keep choppy range near 0.7150, China data in focus
AUD/USD keeps sideways moves between 0.7145/55 following its late-Thursday bounce off 0.7135.
RBA’s Lowe struck cites economic outlook but rules out negative rates.
Mixed sentiment concerning Sino-American trade future, US stimulus battle receding coronavirus figures at home.
China Industrial Produc
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BoJ's Kuroda: Aiming to channel funds to companies hit by the coronavirus pandemic
Bank of Japan Governor Haruhiko Kuroda said the central bank may consider extending a March 2021 deadline for lending facilities aimed at channelling funds to companies hit by the coronavirus pandemic, the Yomiuri newspaper reported on Tuesday.
Reuters reports on the matter and explains that in the
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Muted Changes Seen at FXSpotStream and Integral Volumes for July
Photo: FM
Activity on FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, dropped slightly last month but still well above the $900 billion mark across its streaming and matching products. The company reported an average daily volume (ADV) of $40.4 billion, which is lower o
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Win up to 30 USD by Sharing Notes?
As we can see, there are 55 users gained total 3440 FCOIN in the last round #TradeNotes# challenge. FOLLOWME is really excited to announce that the new #TradeNotes# challenge is Kicking off!We are going to give out more FCOIN to you this time!What you need to do is to share your note
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Australia Sends Finacial Advisor to Jail for $1.33 Million Fraud
Photo: iStock
An Australian court has sentenced Graeme Walter Miller, a former financial adviser and director of Australian financial services-licensed CFS Private Wealth, to six years of imprisonment for misappropriation of AUD 1.865 million ($1.33 million).
The sentencing was delivered after Mil
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