When it comes to developing a strategy there are a number of approaches a trader can take. Most of the strategies start with a certain way of market monitoring. This means taking specific data from a chosen time period and building the estimation based on it. One of the techniques used by advanced traders is studying the intraday charts. Intraday itself means “during one day”. That includes various time frames within one chosen day on the market. The trader can set up the chart to any time period they prefer. But...
US President Trump decided last week to escalate the trade he started with China by announcing a 10% tariff on $300 billion worth of Chinese imports starting September 1st 2019. This would essentially tariff all Chinese imports to the US and sources claim that he acted against the recommendation of his top advisors. After Trump announced his decision, market entered a risk-off mood as traders awaited the Chinese response. It was delivered yesterday and send US equity markets into their worst sell-off of 2019 with the Dow Jones at one point...
The currency market and stock market are playing a key role in international business all over the world. It is necessary to understand the relationship between both markets so that the investors may be able to invest in a better way by taking the minimum risk. One issue with using global equity markets to make forex trading decisions is figuring out which leads which. Many factors move the stock market, but the strength of a country’s currency can have a surprisingly large bearing. Rising currencies may serve...
Hey everyone, my name is Natalia and I am writing you today from the beautiful Black Sea Resort of Slanchev Bryag! I am here this weekend to celebrate my 27th birthday with my girlfriends and before I hit the beach I decided to share something very special with everyone. I studied at the School of Commerce in Burgas, my home town, which is located just 35 kilometers from Slanchev Bryag. After graduation I landed a job in the marketing department of our local football club, Neftochimic Burgas 1962 which plays at Lazur stadium. Anyone who loves...
As widely expected, the US Federal Reserve lowered its key interest rate by 25 basis points to a Lower Bound Rate of 2.00% and an Upper Bound Rate of 2.25%. The Interest Rate on Excess Reserves remained unchanged at 2.10%. Financial markets in the US saw a volatile move to the downside, closing off of their lows, as Fed Chief Powell struggled to signal a clear path ahead. He also struck a more hawkish tone than many anticipated in the wake of a global economic slowdown which resulted in disappointment across the board and criticism by US...
