Summary 12/23 – 12/27 – Action Forex

RBA expected to HIKE interest rates BoC, Fed, BoJ, BoE, ECB, SNB and Riks seen leaving rates unchanged Central banks may express caution conflict-induced inflation shocks  AUD expected to be the most volatile FX vs USD EURUSD, USDJPY & GBPUSD on breakout watch Growing concerns around conflict-induced inflation shocks may prompt central banks to reassess…

YLG Futures has launched on TradingView, allowing traders in Thailand and abroad to execute both local and international derivatives trades directly from the charting platform. Part of the Bangkok-headquartered YLG Bullion Group, the firm has been active in the precious-metals market for more than three decades and has held a licence from Thailand’s Securities and…

When you buy something through one of the links on our site, we may earn an affiliate commission. The Engulfing Candle is one of the simplest and possibly most underrated chart patterns in trading. In this tutorial, I’ll show you how to identify the pattern, what it tells us as traders and I’ll give you…

One of the first questions you might ask when looking at a new strategy is: “What’s the win-rate?” Sounds like a perfectly logical question! After all, winning more often must mean the strategy works… right? Further down the road, this thinking leads to chasing high win-rate setups… perhaps tweaking rules to avoid losses, before abandoning…

As our members know we have had many profitable trading setups recently.   In this technical article, we are going to present another Elliott Wave trading setup we got in Gold Miners ETF GDX . The ETF  completed its correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections,…