About: anakin
Recent Posts by anakin
Risk and Reward: The Role of Emotional Discipline in Forex Trading
Imagine a novice trader named John, eager to explore the exciting world of Forex trading. Inspired by tales of impressive profits and dreams of financial independence, he leaps into the market without a clear plan, driven by optimism and the promise of quick riches. Initially, luck smiles upon John, with his first few trades yieldingContinue Reading
Written on September 6, 2023 at 10:02 am
Categories: Learn
Market Turbulence Amidst Rising Oil Prices, Stronger Dollar, and Global Economic Concerns
On Tuesday, the stock market faced turbulence with notable declines in major indices like the Dow Jones Industrial Average, which dropped 0.56%, and the S&P 500, which fell by 0.42%. This market downturn was primarily triggered by a significant surge in crude oil prices, driven by Saudi Arabia and Russia’s decision to extend supply cuts.Continue Reading
Written on September 6, 2023 at 12:33 am
Categories: Today's Analysis
Mixed Performance in European Stock and Currency Markets During Labor Day Pause
European stock markets, led by the Stoxx 600 index, remained relatively stagnant on Monday as the US market observed Labor Day, preventing any substantial momentum. Despite initial gains, European indices like the FTSE 100, DAX, CAC 40, FTSE MIB, and IBEX 35 saw only minor fluctuations. Travel and leisure stocks inched up by 0.5%, buoyedContinue Reading
Written on September 5, 2023 at 2:05 am
Categories: Today's Analysis
Golden Cross, Death Cross: How to Use Simple Moving Averages in Forex Trading
Imagine you’re planning a road trip across the country. To make the journey smoother and safer, you rely on your GPS. This trusty device provides you with a simple yet powerful tool – the estimated time of arrival (ETA). Now, think of Forex trading as a similar journey filled with twists and turns, where yourContinue Reading
Written on September 4, 2023 at 6:38 am
Categories: Learn
The Emotional Edge in Forex Trading: Sentiment Analysis Strategies
Imagine standing amidst a sea of people at a grand concert. The electrifying music pulses through the air, and you can feel the excitement building with every beat. As the artist hits a high note, the crowd erupts in cheers, and an aura of euphoria envelops the arena. Now, think about what happens if theContinue Reading
Written on September 4, 2023 at 6:00 am
Categories: Learn
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