Despite the high risks of losing a deposit, Forex trading strategies based on the Martingale principle are very popular among traders, as they allow them to make a tangible profit in a short period of time and to raise the capital.

This year marks the 50th anniversary for the World Economic Forum (WEF) in Davos, Switzerland. The one-week event held once per year attracts business leaders, billionaires, CEOs, and government officials from across the globe. One fact many may ignore is the money-making machine the WEF turned into. In 2019, it reported revenues of $346 million. Plenty of reports are published by the non-profit organization, with plenty of profits. What happens with the generated cashflow remains a mystery to most people, and detailed information is hard to obtain.

It is time for the third and final part of my 2020 predictions series. During the first part, I covered Gold, Silver, and the EURUSD. You can get my predictions at “2020 Predictions Part One”. Yesterday, I outlined my outlook for the USDPLN, the EURHUF, and JPM. My predictions for those three assets can be read at “2020 Predictions Part Two”.

I talked about my outlook for Gold, Silver, and the EURUSD in the first part of this three-part series. Feel free to get my price targets at “2020 Predictions Part One”. Commodities enjoyed a stellar start to the year after US President Trump ordered an airstrike to kill Iranian General Qasem Soleimani on Iraqi soil. The increase in tension pushed traders into safe-haven assets like Gold and its smaller sibling Silver. We have seen a pullback from the highs, but I think there is plenty of upside left.

US President Donald Trump may finally get his wish for a weaker currency in 2020. Since October, the US Dollar has been under pressure, and the trend is anticipated to accelerate into 2020. Trump has criticized his central bank for not supporting the economy to the tune of global counterparts. He urged the Federal Reserve to slash interest rates into negative territory, following the EU, Switzerland, Japan, and Denmark.

The Santa Clause rally lifted equity markets, but Gold advanced in unison, therefore flashing a warning signal that one market is wrong about 2020. The US Dollar is under pressure as well, assisting the advance in this precious metal. Gold is priced in US Dollars and often enjoys an inverse relationship, meaning that a sell-off in the US Dollar results in a rally in Gold. As US equity markets pushed to new all-time highs, investors and traders opted to ignore the red flags flashing around the globe. Gold is shining as a result of what could be a very turbulent 2020.

US President Trump joined an exclusive club on Wednesday, December 18th 2019, but one he most likely wanted to avoid. He became the third impeached president in US history. The House of Representatives passed the measure and on the counts of abuse of power and obstruction of Congress. The first impeached president dates back to 1868 with Andrew Johnson, followed in 1998 with Bill Clinton. Richard Nixon resigned in 1974 before he was impeached. No president was ever convicted by the Senate.

Five minutes after stock markets opened today, US President Trump tweeted “Getting VERY close to a BIG DEAL with China. They want it, and so do we!” On Sunday, the trade deal deadline for a phase-one trade deal will pass, and if no deal has been signed, the US may add additional tariffs. US markets surged to fresh all-time highs amid hopes that a deal will be signed. As part of this deal, 50% of the existing tariffs are set for a rollback. This represents a change in attitude from just weeks ago when Trump stated that he would prefer a deal after the 2020 election.

With less than two days before UK voters head yet again to vote, PM Johnson’s Conservatives hold on to a narrowing lead. Just weeks ago it appeared that Johnson will ride to victory with a double-digit lead over Corbyn’s Labour party, but some polls show the majority slipping away. Memories of 2017 come to mind, then-PM May called early elections in the hope to secure a more sizeable majority. She ended up losing her majority, fast-forward two years, and we may be looking at yet another uncertain outcome.

The use of cash continues to contract. Enthusiasts are quick to point out that the use of cash will vanish is a similar fashion as movie and music rentals were displaced by streaming services or photos gave way to the digital revolution. When it comes to cash, the situation is a bit more complicated. A study conducted in 2013, 85% of global transactions involved cash. The rate has arguably come down since then, but cash remains the cornerstone of finance in many societies.

Global markets continue to enjoy an overall boost in bullish sentiment as the final trading month of the year approaches. Trade negotiations between the US and China are in focus and the majority of market participants trade as markets as if the phase one trade deal is the solution to all global issues. This bullish confidence may be misplaced as other structural economic issues remain ignored.

Investors and traders around the globe have feared a global recession and plenty of indicators suggest that we may be in the process of entering on. The manufacturing sector is already in a recession and while the services sector manages to expand, the growth rate is slowing down and some indicators are at lows last seen before the Great Recession following the financial crisis of 2008. The US-China trade war and a host of other global trade conflicts have sowed more uncertainty and economic reports suggest a weaker economy than most have accounted for.

US President Trump has made no secret that he is unhappy with his central bank and has repeated his call for negative interest rates in the US. Jerome Powell, the US Fed Chief appointed by Trump has cut interest rates over the past three consecutive FOMC meetings but cautioned that more cuts should not be viewed as a guarantee. According to a Fed statement, the FOMC “Will set monetary policy, as required by law, to support maximum employment and stable prices and will make those decisions based solely on careful, objective and non-political analysis.”

The Mexican economy is often overlooked, but traders and investors who decide to ignore this Latin market may be missing out on great opportunities. Morgan Stanley, UBS Group and Societe Generale are growing more cautious on the outlook of the Mexican economy, but this doesn’t mean that trading opportunities don’t exist. The global economic slowdown is having an impact as well, but what does this mean for the Mexican Peso? One of the biggest obstacles to economic growth may come directly from President Lopez Obrador’s pledge to maintain a budget surplus.

A trade deal between the US and China is very unlikely as high-level trade talks will be held today in Washington. News that talks have stalled during yesterday’s mid-level talks and that the Chinese delegation led by Vice Premier Liu He may return back to China today, instead of staying until tomorrow which was the original plan. It remains unclear what will happen, bit both sides are aware that a deal cannot be reached. In order to safe face on the global stage and extend negotiations a mini-deal may be announced.

According to “The Spectator”, Brexit talks are on the verge to collapse. The magazine cited an unnamed source close to the government of UK PM Johnson which stated that pessimism is high and that preparations for a collapse of negotiation are being made. The source blamed Irish PM Leo Varadkar for failing to make concessions on the Irish border issues after UK Parliament took a no deal Brexit off the table. The source stated “Those who pushed the Benn Act intended to sabotage a deal and they’ve probably succeeded.

Earlier today UK PM Johnson published his Brexit deal which replaced the Irish backstop which was the main stumbling block in the existing deal negotiated by his predecessor May and rejected three times in parliament. He has made a major concession to the EU with his proposal that all Northern Ireland will follow EU rules on manufactured goods and agriculture. In order to the get DUP on board, his plan allows Northern Ireland to decide by 2025 if they want continue following EU rules or adapt UK ones.

Nancy Pelosi, the Democratic Party politician who serves as the Speaker of the US House of Representatives, on Tuesday announced a formal impeachment inquiry into President Trump. She stated that “Today, I am announcing the House of Representatives moving forward with an official impeachment inquiry. The President must be held accountable. No one is above the law.

Earlier this morning the UK Supreme Court ruled that PM Johnson’s suspension of Parliament was unlawful. According to the 11 justices, PM Johnson gave Queen Elizabeth II unlawful advice to suspend Parliament for the Queens Speech. This hindered elected officials to perform their democratic duty, as of the ruling. PM Johnson responded after the verdict that “Obviously this is a verdict that we will respect and we respect the judicial process. I have to say that I strongly disagree with what the justices have found.

It has been a very busy central bank week which started last Thursday with the ECB meeting and was followed by yesterday’s FOMC meeting, this morning’s Bank of Japan and Swiss National Bank meeting and concluded with the Bank of England meeting. This has covered all major currencies and impacted the majority of trading volume in the forex market. Over the past decade, central bank week became a rather boring affair as global central banks acted in unison in order to deliver lose monetary policy.

The European Central Bank (ECB) under President Mario Draghi has announced a massive new stimulus program in order to assist the ailing Eurozone economy. Besides cutting the deposit facility rate by 10 basis points to -0.50%, a fresh round of quantitative easing (QE) was announced. Starting November 1st 2019, the ECB will restart its bond buying program at a pace of €20 billion per month. The QE program is open-ended and will remain in place until inflation reaches the ECB target which currently stands at 2.0%.

For the first time since 2005, the 2-Year/10-Year yield curve inverted in the US bond market. An inverted yield curve means that the yield on 10-Year Treasuries trade below the yield of 2-Year Treasuries, suggesting that bond traders don’t see a bright future ahead. The yield moves opposite of the price, so as yields drop the price increases. The majority of analysts and economists view and inverted yield curve as a messenger for a recession. The last five times this inversion occurred, the US economy entered a recession.

Trading is not always easy and you cannot argue that one has to acquire a certain level of expertise before becoming a successful trader. Part of this process is studying the market and working out a strategy for your trades. Those strategies vary based on the tools used to execute them.

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.

I am almost certain that almost none of you has ever heard of Quetzaltenango, maybe better known to some by it Mayan name of Xelajú. It is where I grew up and lived the first twenty-three years of my life. My name is Ximena and this is my migration story which enabled me to have a future and most likely saved my life. I am writing this on my thirty-seventh birthday as I decided to take a momentum to reflect on the path I travelled, where it led me and what lies ahead.

Hello everyone, I’m Si-woo from Busan in South Korea. Many of you may not know this, but over the past twenty years South Korea’s film industry is thriving and earned international recognition. I entered this exciting growth market as I was looking for something different to do that the majority. I became a video editor which to me is the greatest job I could have asked for. I get to travel around quite a bit which adds to the perks and living in Busan is a great inspiration.

Hi everyone, I am glad that you joined me for my strategy on how to use the forex market and earn a living. In case you were looking for a quick approach which will get you to retirement with a $500 portfolio within a year, I have to disappoint you. The reality is a bit more harsh, it requires a lot more time and more capital than you have probably planned for. Don’t be discouraged by the facts, embrace them and learn how to use it to your advantage. The sooner you start, the sooner you will get to the goal of financial freedom the same way I have and many others before and after me.

Welcome back everyone to another exciting update in the fascinating world of forex and cryptocurrency trading! Bitcoin eclipsed the $9,000 level and you may hear and read more about FOMO driving price action higher. Who or what is FOMO? It’s an acronym which stands for “Fear of missing out”, basically everyone was scared of Bitcoin below $4,000, then watched it more than double and are now scared that if the remain on the sidelines for a bit longer we will soon have new all-time highs above $20,000.

Dear friends, I know what a challenge the forex market can be. I was in walking in the same shoes most of you are walking in. Working hard at my day job, coming home and spending two to three hours in the evening analyzing chart, reading news, networking on social media and placing my trades. Exposed to stress, frustration and ultimately all I had to show for are consistent losses every month. My name is Khalid and I am from Dammam in Saudi Arabia. I work security at the King Fahd International Airport and I have been a part-time forex trader for almost ten years.

Welcome back everyone! Before we dive into today’s exciting edition of my Bitcoin - Forex Combo Strategy, let’s give it up to support levels in Bitcoin which repelled the bearish attack on price action. There is still a chance for another push to the downside, but as I outlined in last week’s update “Bitcoin - Forex Combo Strategy: Neo Upgrade”, I don’t see any sustained move below $6,380. At current prices, I am not adding to my existing Bitcoin position.

Welcome back everyone, I am sure most of you wonder how long the correction in Bitcoin as well as other cryptocurrencies will last. Before I answer that question, let me remind you that corrections are necessary for a healthy up-trend. I have mentioned a correction in last week’s post “Bitcoin - Forex Combo Strategy: What’s Next for Jesse Lund?” where I also explained why I took a 500 Bitcoins short position at $8,800.

The rally extends across the cryptocurrency sector! Welcome back everyone to this week’s edition of my Bitcoin - Forex Combo Strategy. At last week’s update “Bitcoin - Forex Combo Strategy: The Facebook Coin” I outlined that I closed my short position in Bitcoin at a nice profit and that I was willing to short if we would see an unwarranted spike in price action.

2015 was a tough year for me as I suffered a breakdown, a few days in the hospital and then a burn-out phase. Stress was the cause as my doctors pointed out and that was the time I knew I had to change something. My name is Pravind and I am from Port Mathurin in Rodrigues. We are an autonomous island with a population of about 42,000, 6,000 of which live right here in the capital of Port Mathurin, and a Mauritian dependency as we belong to the outer islands of Mauritius. I am 52 and a full-time, small scale cattle rancher as well as part time forex trader.

Welcome back to this week’s update to my Bitcoin - Forex Combo Strategy. After Bitcoin eclipsed the $8,000 mark we saw a spike in volatility and a drop in bullish momentum. Price action currently struggles with this level which is a normal development after the strong rally we have had. The markets are waiting for the next catalyst and some institutional investors may want to lock in some profits and re-enter after a short-term sell-off.

Welcome back to this week’s edition of my Bitcoin - Forex Combo Strategy. Let’s address the elephant in the room before we dive into Ethereum 2.0. Hackers stole 7,000 Bitcoins from Binance. CEO Zhao Changpeng stated “The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time. We must conduct a thorough security review.

Welcome back everyone to this week’s edition of my Bitcoin - Forex Combo Strategy. Last week I briefly touched on the Swedish Government hack which for 30 minutes claimed that Sweden has adopted Bitcoin as their official currency. This was obviously incorrect, but Sweden is leading the push into a cashless society and is exploring the issuance of a digital Swedish currency backed by the government.

The concept of "wave" perception of the financial assets market, the foundations of which were developed by researcher Elliot, is well-known among Forex traders. Many know its key points, but very few of the traders actually practice it. Apparently, this situation is due to the fact that not all Forex traders understand the possibilities of its practical application, not all Forex traders are ready to use it to analyze the market and make informed trading decisions in currency trading.

Good day ladies and gentlemen, bonjour mesdames et messieurs and Guten Tag meine Damen und Herren. We are Katya and Sebastian from Vaduz in Lichtenstein. Our principality may be best known for the outstanding financial services sector which caters to clients all over the world. Our parents, we are twins, both work in finance and we followed in their footsteps. We just celebrated our 32nd birthday this week which also marked our 10th year as forex professionals.

A quintet of hackers took over the official Twitter handle of Sweden’s ruling Social Democrats on April 15th 2019 and tweeted about Bitcoin. The group convinced Twitter that they are the Swedish government which involved changing phone numbers, e-mails as well as submitting ID’s. Twitter was fooled and the hackers tweeted that the Swedish government is abandoning the Swedish Krona in favor of Bitcoin. One of the deleted tweets stated “We have abolished the Swedish krona and replaced it with Bitcoin.

Welcome friends to my FX Snorkeling Expedition. I’m Juan, 42 from Coxen Hole. I am sure most of you have never heard about my city. It is the largest city on the island of Roatan, the largest island of the Bay Islands of Honduras. It is also the capital of the Bay Islands Department of Honduras, one of the 18 departments of Honduras. Our city was founded in 1835 and named after famed pirate Captain John Coxen. The island of Roatan was once home to over 5,000 pirates and today my city is home to just over 5,000 citizens.

The US is falling behind in the cryptocurrency sector as other parts of the world, led by Europe and Asia, have taken a leadership role. This has led to the reintroduction of the US Token Taxonomy Act in the US House of Representatives. This bill was originally proposed in December of 2018 and is sponsored by Republican Representative Warren Davidson and by Democratic Representative Darren Soto. The US Token Taxonomy Act will exclude cryptocurrencies from being classified as a security under US law and amend the Securities Act of 1933 as well as the Securities Act of 1934.

Alright, alright, alright everyone! Glad you took some time to get to know a bit about me and my forex trading strategy which I have adopted over the past two years and have been fine-tuning ever since. My goal is to give you guys the basics and then you can have some fun with micro adjustments in order to model it to your liking. My name is Mason and I work for a bio-tech firm in Belgrade, Montana. While I was in college, I stumbled into forex trading. This was more of accident than a planned venture for me, or a I call it today: the best accident which has ever happened to me.

It appears that after April Fool’s Day, April 1st, Bitcoin decided to wake-up from hibernation as it surged double digit and sucked many of its peers up with it. Welcome back everyone to this week’s edition of my Bitcoin - Forex Combo Strategy! What a start to the week we have had and it appears that we could push a bit further. There have been no major fundamental developments which warranted the sudden surge in price action and many analysts have already dismissed this as nothing more than a temporary surge in enthusiasm surround the cryptocurrency sector.

Great to see everyone back and welcome to the new followers of my Bitcoin - Forex Combo Strategy which I execute right here at PaxForex! Let’s dive right into, shall we?

Hello and welcome back everyone! Since last week’s update “Bitcoin - Forex Combo Strategy: Crypto Index Product Launch”, where I discussed the launch of a new Ethereum based exchange traded product (ETP) listed on the main Swiss stock exchange, price action has been quiet and stable. This is a good thing as we don’t want those crazy moves which we saw as the bubble boomed and burst, leading to what is now known as the crypto winter.

Hi everyone! I’m Ines from Linz, Austria. I could tell you my story about how I got started in forex trading and how long it took me to build up a portfolio which is big enough to actually generate enough annual income so that I can call myself a professional forex trader. We all have a different approach, but most us do aspire to become a pro at trading. What does this mean? In my opinion it doesn’t mean that you trade forex portfolios for others. It sure is one definition, but to me I am a professional trader.

Hello everyone, I am glad you joined me for this post where I will explain my Stress-Free Forex Dance. Now I know what you may think, what does a dance have to do with forex trading. I will explain in this post why I combine both and how I create a stress-free forex trading approach which has been profitable for me for the past eight years. I am 51 years old and I grew up in Colombia. I moved to Spain as a college student where I earned my masters degree in finance. I had to work two jobs as a college student just to make it through university on top of my scholarship.