BTC/USD Breaches US$100k: Where Next?
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- December 5, 2024
The US stock market is open Monday through Friday from 09.30 am to 16.30pm in New York. When exchanges close, almost everything comes to a halt – almost. Unlike regular stocks, the futures market operates nearly 24 hours a day, five days a week. What is the futures market and why do traders and investors
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) August saw the euro nudge to a fourth successive monthly gain against the US dollar, adding nearly 1.5 percent. The move toppled supply from 1.1857/1.1352 and extended space north of long-term trendline resistance (1.6038), arguing additional
READ MORERelease: Friday at 13.30pm BST Employment data is a widely watched indicator due to its timeliness, accuracy and importance, as well as a leading indicator of consumer spending. The non-farm payrolls release is a measure of new payrolls added by private and government organisations in the US, reported each month by the Bureau of Labour
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The euro nudged to a third successive monthly gain against the US dollar in July, adding nearly 5 percent. The move toppled long-term trendline resistance (1.6038) and made contact with the upper border of supply from
READ MOREWith electronic trading having established itself as a primary gateway to the financial markets, determining which trading platform to operate with is critical. The majority of top brokerages offer access to MetaTrader platforms, recognised across the board as the industry standard. MetaTrader 4 (MT4), developed by MetaQuotes Software in 2005, and MetaTrader 5 (MT5), established
READ MOREMetaTrader 4 (MT4) boasts a long-standing presence and remains one of the more popular trading platforms for trading Forex and CFDs. MT4’s user-friendly interface and wide-ranging features deliver a platform designed for technical analysis. Although MT4 is configured to run on Microsoft Windows, Apple Mac users are able to download MetaTrader and tap into the
READ MOREMetaQuotes Software Corp, established in 2000, are a leading producer of online trading software in the financial markets. According to the company, the release of MetaTrader 4 (MT4) in 2005 was a breakthrough, with MetaTrader 5 (MT5), a multi-asset trading platform, following five years later. MT4 delivers rapid execution, provides real-time market prices (quotes), allows
READ MOREWe all want to be right. Unfortunately, it’s not possible to be right all the time. That’s why risk management in the CFD market is crucial. What are CFDs? CFDs, or contracts for differences, are leveraged derivative products offering a cost-efficient way to trade the financial markets, including shares, foreign exchange, indices, commodities, and
READ MORERelease: Friday at 13.30pm BST Employment data is a widely watched indicator due to its timeliness, accuracy and importance, as well as a leading indicator of consumer spending. The non-farm payrolls release is a measure of new payrolls added by private and government organisations in the US, reported each month by the Bureau of Labour
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The month of May, as you can see, recovered off worst levels out of demand from 1.0488/1.0912 and closed firm. This prompted an extension in June to highs at 1.1422, adding 1.2% despite also running into
READ MOREA quality among all consistently successful traders is avoiding mistakes. Mistakes can be expensive and emotionally damaging. No matter how long you’ve been trading in the financial markets, you’re bound to experience lapses in discipline. To help lessen the impact, here are five common trading mistakes beginner traders, and sometimes experienced traders, make
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) The month of May, as you can see, recovered off worst levels out of demand from 1.0488/1.0912 and closed firm. This prompted an extension in June to highs at 1.1422, adding 1.2% despite running into opposition
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