Forex Trading Glossary – U/V/W Forex Trading Glossary – U/V/W Forex Trading Glossary – U Unrealized Profit or Loss The profit or loss status of open trades. Uptrend Characterized by a series of higher price highs and...
Is There a Hidden Hand Defending USDJPY 140? The USDJPY bounce from a new low had me thinking perhaps there is a hidden hand protecting the major 140.21 low and pivotal 140 level. What I mean by...
Global Trading: It is The Reaction to News that Matters The old trading adage that says “the reaction to news is more important than the news itself” is even more relevant in today’s market as central banks...
Are Forex Brokers to Blame for Traders Losing Money? Skeptic say that retail trader will always lose money when we trade via a forex broker market maker. How true is that? Before I begin, I need to...
A USDJPY Update From the Savvy Trader In an article entitled A Bold Prediction for USDJPY I listed a series of forum posts from one of our long-time and highly respected Global-View community members, whom I called...
Forex Trading Glossary A-B ABC Wave A term used in Elliott Wave that describes a simple correction after a trending move. It is comprised of three-wave (waves A, B and C) forming a corrective or countertrend price...
Currencies vs. Commodities: What’s The Difference? Pexels. CCO Licensed. Currencies and commodities refer to two different things. Each has its own purpose and its own source. However, there can be an overlap between the two, which can make...
How Market Expectations of News Affect the Forex Market How Market Expectations of News Affect the Forex Market Unfortunately, there is no direct way that you can always play the market depending on what kind of news...
Newsquawk.com Week Ahead 1st-5th July: Economic Data Calendar SUN: French Parliamentary Election MON: Canada Day; Japanese Tankan (Q2), Japanese, Chinese Caixin, EZ, UK & US Manufacturing Final PMI(June), German Prelim. CPI (June), US ISM Manufacturing PMI (June)...
The 3 Main Fundamental Factors That Affect Currency Values Successfully trading currency pairs is not just about examining charts and seeing where to place your next trade. That is certainly part of the process, but if...
The 8 Main Variations of Gartley Patterns in Trading It’s impossible to talk about Gartley patterns without talking about Harold McKinley Gartley. He was once known for a stock advice service that he ran in his day...