Traders Blog - Analysis, Strategies, News and more
Oil Prices Surge as Saudi Arabia and Russia Commit to Supply Cuts: What Lies Ahead?
We saw some exciting developments on Monday. The price of oil went on a bit of a rollercoaster ride, and it's all thanks to the continued voluntary supply cuts by two major oil-producing players, Saudi Arabia and Russia. Let's break down what happene...
NVIDIA: A Good Investment for the Long Term?
NVIDIA is a leading semiconductor company that designs and manufactures graphics processing units (GPUs) and other related products. GPUs are used in a wide range of applications, including gaming, data center computing, artificial intelligence, and...
Using Bullish Engulfing Pattern to Predict Price Reversals
Welcome to the world of trading!Every chart tells a story and every pattern can potentially unlock the door to profit. Trading doesn't have to be a mystifying venture filled with confusion and uncertainty. We're here to break down this powerful...
GBPUSD - correction or a reversal?
So, the GBPUSD currency pair has been on a bit of a downward slide, but here`s the twist – there`s a chance it might bounce back up in the short term.You see, the market isn`t really expecting the US or UK central banks to raise interest rates anytim...
Support Resistance Trading Strategy And Common Mistakes
Before we start we would like to talk a little about the most common mistakes made when it comes to trading around support and resistance. There are only three so it’s going to be quick. Having support or resistance on the chart as just a line -...
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