Stacking Profits One Orderblock at a Time

Yesterday, as widely expected, the European Central Bank (ECB) cut interest rates for the eighth time since May 2024. According to ForexFactory, the main refinancing rate was lowered from 2.40% to 2.15% (having stood at 4.50% in May 2024). According to Reuters:→ ECB President Christine Lagarde stated that interest rates are now at a “good…

Wall Street indexes fell as Fed Chair Powell’s comments suggested a less aggressive rate cut in November than anticipated. US PMI data indicated a sharp decline in manufacturing new orders, job shedding, and rising output price inflation. Triangle breakout pattern still in play from a technical standpoint. Retest and continuation? Most Read: Brent Crude –…

On 23 August, while analysing the chart of Chinese automaker NIO, we noted that: → For months, the price has been forming a downward channel (shown in red), driven by the company’s inability to turn a profit, with the $4.25 level acting as resistance. → Investors may hold out for positive shifts in the fundamentals,…

Investing.com– Most Asian currencies steadied on Friday after clocking sharp gains in the prior session, while the dollar nursed some losses after the Federal Reserve cut interest rates as widely expected. Regional currencies recouped a bulk of their weekly losses after the Fed’s move, with some even turning positive for the week. The dollar, on…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! NZDCAD short term forecast update and follow up is here. On May 7th 2025 I shared this “NZDCAD Short Term Forecast And Technical Analysis” post in our blog. In this post, let’s do a recap…

2025.02.27 2025.02.27 Camarilla Pivot Points: Strategies for Trading Success Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The Camarilla indicator, developed by trader Nick Scott in 1989, builds on the concept of pivot points in trading that dates back to the 1930s. The basic idea behind Camarilla pivot points is that, in many instances, prices tend to revert to the previous…