By the end of last week, volatility had slightly decreased, with most assets finishing the five-day period around key support and resistance zones. Market sentiment remains cautious, suggesting that investors are still awaiting clearer guidance from central banks, primarily the US Federal Reserve, regarding their monetary policy in the near and medium term. 💶 EUR/USD…
Market Force – The Real Reason Markets Move Market Force In every financial market, forex, stocks, commodities, or crypto, price movement boils down to one fundamental principle: the balance between supply and demand. While traders often rely on technical analysis or news events to guide decisions, the underlying driver of every market move…
Financial markets ended October without any sharp changes. The U.S. Federal Reserve’s rate cut from 4.25% to 4.00% was received calmly by investors. Prices of both safe-haven and risk assets moved only slightly. The most notable market reaction after the Federal Reserve’s meeting on October 29 and the ECB’s meeting on October 30 was the…
Opening Week Gaps Explained Best Trades What Are Opening Week Gaps? An opening week gap refers to the difference between the previous Friday’s closing price and the Monday (or Sunday in forex) opening price of a market. These gaps occur when markets reopen after the weekend and prices “jump” due to new information, breaking…
The final week of October begins under a cloud of uncertainty. The delayed release of fresh US inflation data (CPI) and the ongoing government shutdown are reducing the transparency of the macroeconomic picture. It is worth recalling that September CPI came in below forecasts, which put pressure on the dollar and helped EUR/USD stabilise near…
Mastering Forex Trading Psychology Trading Psychology One question all traders should be asking: what separates successful traders from those who struggle? Success in forex and other global trading is not just about making money. It’s about doing so consistently while avoiding major drawdowns. Yet, if you listen to the media or browse through…
Forex Stop Hunts Explained What is the best way to trade If there’s one forex trading tip that can truly transform how you see the market, it’s this: The forex market is driven by a constant quest to run stops. That statement may sound bold, but for many experienced traders, it’s one of the…
The past week brought few surprises. As expected, gold set a new record, Brent oil remained under pressure, bitcoin failed to break out of its corrective range, and the euro continued sideways trading while awaiting catalysts that could drive movement in either direction. 💶 EUR/USD The pair ended the week near 1.1650, which can be…
Highlights include CPI from the US, UK, Japan and Canada, Global Flash PMIs, Japanese PM Vote, and Chinese Activity Weekly Forecast MON: PBoC LPR, CCP 4th Plenum (20th-23rd), Chinese House Prices (Sep), Retail Sales (Sep) & Industrial Output (Sep), German Producer Prices (Sep), US Leading Index (Sep), New Zealand Trade (Sep) TUE-: NBH…
Odds, Not Predictions Risk Game No one can predict the market. What traders can do is take high-odds trades that have a strong chance of success, rather than chasing risky setups with poor risk/reward ratios.Trading is a game of probabilities. You win not by being right all the time, but by putting the…