As a Gold Trader understanding and interpreting CPI data is crucial for making informed trading decisions. Here's a guide on how to read CPI data and a trade idea based on potential CPI outcomes:
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Understanding CPI Data:
CPI Basics: The Consumer Price Index (CPI) measures changes in the price level of a market basket of consumer goods and services...
An investment field where one opportunity is enough to change one's destiny!
A market that works miracles every day!
Entering the new century, foreign exchange, an investment tool with infinite charm, is attracting the attention of more and more people. This market full of opportunities and challenges is changing our destiny all the time, so much so that it is...
hree black crows is a phrase used to describe a bearish candlestick pattern that may predict the reversal of an uptrend. Candlestick charts show the day's opening, high, low, and closing prices for a particular security. For stocks moving higher, the candlestick is white or green.
🎯 The three black crows candlestick pattern is considered a relatively reliable...
After an impulsive move, the market tends to enter into a consolidation.
This is the zone where buys and sellers fight to win the next move.
Of course, whenever sellers and buyers are fighting - liquidity is built.
In this example, sellers attempted to sell from the structure only to be stop hunted before the true move to the downside.
Likewise, buyers would...
How much should I risk on this trade?
The question I get a lot in trading group.
When I hear it I ask a question back to that person.
How much you can afford to lose?
When I enter a trade I always think about how much I will be losing, and can I afford to lose that amount. We are small planctons here and nobody cares about us, so losing one can arrive very...
Hello guys.
Personally I am excited as we get closer to FOMC, and I will be trading FOMC event.
I will have positions on:
DXY
USD/JPY
GOLD
SILVER
EUR/USD
I will manage to trade this event with High Frequency news trading machine, as HFT is back in da building, and we had a great success trading news with this machine. Last NFP was sweet as well.
Since I have a...
