This pair AUD/USD has been on our radar for quite a while now because it seems that the downtrend beginning early this year is forming a bottom. Clearly momentum began to fade even before it made its last low at 0.7016 and the RSI divergence serves as evidence. A key technical area of resistance
Analysis done by Denis Mwenga.
This is a snippet of the trading reports we send to our members. Here’s how we are trading EUR/USD.
Analysis time frame- weekly/daily . We can see a very strong primary downtrend. The big money is in the trend so we prefer to follow the trend.
Price failed to rally and break the ceiling at 1.1434
We just recently concluded seminars and a three day workshop with FXTM in Kenya. Strathmore University students actively participated as well as interested citizens in a bid to explore the opportunities presented by the markets. We saw people from all age groups come to the events, eager to learn.
I have said this before, brokers can be whores if they want to. One of the things that you should look out for as a trader is your choice of broker. The role of brokers is to provide a trading platform so we can access liquidity in the Forex market. Brokers make money off your trading account in form
After a period of suppressed prices ( late 2017 up to the second quarter of 2018, Bitcoin is now positioning itself for a possible breakout above the yearly (200EMA) moving average prices and quarterly (60EMA) moving average prices.
This surge has been precipitated by news that the World’s
This article is for the retail trader who wants to be in the game for the long haul, save yourself some bucks and thank me later. You have probably heard it before, there’s not one sure way to trading success. Why is it then that people are willing to pay for signals hoping to increase their profitability?
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The content in this blog is intended to be used for informational purposes only. It is important to do your own analysis before making any investment decisions. You should take independent financial advice from a professional,
Let’s assume you’re ready to invest. Perhaps, you even got some stocks in mind that you want to invest in. You read the analysts reports, went over the quarterly and annual reports, and feel confident about the market research you’ve done. Good. That’s exactly what you needed to do. Now, you
The year started with a bang after an invitation which was long overdue to speak to Kenyatta University students on what it takes to be a successful Forex trader. It was really great to have the talk in a higher education learning institution, my former school. The focus of my presentation was centered