Difficult Session for Chinese Stock Market and Currency January 3, 2025 The dollar in offshore trading advanced to somewhat above 7.35 yuan, depressing China’s currency to an 18-year low, and the Shanghai Composite equity index tumbled 1.6% after officials let China’s 10-year interest rate slide below previous support levels. Against other currencies, the dollar is…
The New Year’s Opening Act January 2, 2025 Year 2025 in America kicked off with a terrorist act in the deep south city of New Orleans and news of a second straight double-digit decline in U.S. mortgage applications, yet pre-open stock futures point to a rebound from last week’s decline. The dollar also made gains,…
Trading psychology: a humoristic approach There is a huge difference between talking and acting in the foreign exchange world. Actually, it takes some naturally built-in guts to pick up the telephone and conclude a transaction. And it is true that «either you ‘ve got it or you ain’t got it». Traders agree that…
December 2024 and Full 2024 in Figures January 1, 2025 In spite of lessening monetary restraint by many central banks during 2024, long-term interest rates tended to end higher. Among economies featured in the table below, the rise in British interest rates ranked highest for both the whole year and in just December. Between the…
EURUSD Monthly – End of the Year EURUSD spent previous two years (2023/2024) quite undecided, even we had some tremendous shakings in the World, and lots of tremors. For the first time I am going to take into account some heavy Fundamentals coming in and lots of speculation on the outcomes… With Trump…
Listen to the audio episode: Get The Complete Price Action Strategy Checklist! Trading Daily Charts Consistently for Over 25 Years In episode 487 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Peter Varcoe, who shares how he has been consistently trading daily charts for over 25…
Prepare for a chance of a lifetime A Shining New Era – From Knowledge to Action After meticulous planning, trading is tiptoeing nearer. If you have already applied our Hakuna Matata, problem-free trading philosophy, it is time to implement the knowledge and start trading confidently. Join over 500K students who have already…
GTA Challenge – First Winner We are very pleased to announce the successful start of our GTA Challenge that will go on for months. Every week, we will hold a Challenge in Trading and the best one will receive 15K Prop Trading Challenge as a Reward. To be the best, you have…
Day Before Christmas and Not Much to Report December 24, 2024 Compared to Monday closing levels, the dollar is unchanged against the euro, yen, and sterling. The greenback is up 0.3% relative to the Australian dollar and by 0.2% versus the Canadian dollar and Swiss franc but shows a 0.4% loss relative to the Mexican…
Top Trading Ideas for 2025 Top Trading Ideas for 2025: AI, Bitcoin, Stock Picks and Politics The big trading and investment trends that will drive a huge chunk of the buying and selling. While only a forecast, this type of outlook could help you to better prepare your trades. AI – Incoming…