The 35th ASEAN was concluded and progress has been made on the Regional Comprehensive Economic Partnership or RCEP for short. India decided not to join the free trade bloc as protectionism prevailed in one to the world’s most populous nations. The opening statement of the Chairman read “We, the Heads of State/Government of ASEAN Member States, gathered in Bangkok for the 35th ASEAN Summit on 2-3 November 2019. We reiterated the importance of continuity and sustainability in ASEAN Community-building efforts and commit to continue promoting...
PM Johnson managed to get his December 12th election on the second attempt after the Labour party dropped its opposition. This marks only the third-time in modern UK political history that election are held in the winter, but many saw this as the only way to break the impasse. The socialist Labour Party, the pro-EU Liberal Democrats and the Scottish National Party will try to win seats from Johnson’s Tories, but polls favor a big win for the Conservatives. A lot of things can change over the next six weeks and the British Pound will...
Do you know the difference between a clueless trader and a professional Forex trader? Of course, the main difference is the level of income: professional traders make Forex their primary source of profit while those who treat the market like it was a casino keep failing. The reason for this is the mindset. A successful currency trader knows that there is a certain amount of knowledge required to approach the complex matter of foreign exchange market. This might include in depth research as well as continuous practice. But above all, the main...
We all agree that a successful trading journey starts with having a solid action plan. This will include trader’s goals and expectations as well as trading techniques specific to one’s previous market experience. Those plans are often referred to as trading strategies or methods. Having a strategy that fits your personality and allows you to comfortably achieve the set targets can go a long way and many traders tend to stick with just one or two strategies for years. The biggest complication is choosing the right trading method...
What is Forex Time Frame Analysis Choosing the Right Time Periods for Forex Time Frame Analysis Long Term Frames in the Multi Timeframe Analysis on Forex Medium Term Frames in MTFA on Forex Short Term Timeframe in Multiple Frame Analysis Comparing the Frames During Forex Multi Time Frame Analysis Trends in MTFA Momentum in Forex Multiple Timeframe Analysis Entry Points in MTFA Best Time Frames for Different Trading Styles How to Practice MTFA for Free Every professional currency trader knows that detailed analysis of the market...
