Category Archives: Uncategorized

  • Since our last discussion on our previous article on the beginner’s guide to price action trading, we will now continue to tackle about other strategies that can help you in price action trading.  Now that you have learned the big picture of price action trading, understand where to place your trades on support and resistance as well as

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  • 15
    Jul 2020

    USDCAD Awaits Monetary Policy Decision

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    The USD has been having a hard few weeks being in its consistent weak state.  That said, the CAD will be releasing its monetary policy statement later tonight. If the release is positive for the CAD, it can capitalize over the USD.   BOC Outlook on the Economy According to the BOC governor Tiff Macklem,

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  • 13
    Jul 2020

    Forex or currency trading can be quite intimidating for some, especially beginners. It is open 24 hours a day in 5 days a week across the globe. Being the world’s largest exchanged market averaging $5 trillion daily, says a lot about its liquidity and the endless opportunities that you can take.    However, a lack

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  • 25
    Jun 2020

    When you start trading, one of the most popular currency pairs that you’ll come across is the XAUUSD or gold. In fact, every trader that you will come across will probably tell you that Gold is their favorite commodity pair to trade. Why is that? Well, we’re going to explain what makes Gold such a

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  • 19
    Jun 2020

    Forget About Trading on High Impact News: Here’s Why

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    When you have a trading strategy and read about high impact news that could potentially affect the market sentiment, what do you do? It could be something related to Non-Farm Payrolls (NFP), Reserve Bank of Australia (RBA) Rate Statement, or Fiscal Stimulus Policy. Some stick to their trading plan, while others immediately change their position,

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  • 10
    Jun 2020

    Why Forex Trading is the Perfect Sideline for OFWs

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    While OFWs are known to make pretty substantial income from their work in other countries, they also need side incomes in order to supplement their main one. With a good side income, they not only can send more money to their families, but they can also enjoy themselves while they’re in another country. However, an

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  • Due to the COVID-19 pandemic, a lot of OFWs lost their livelihood and got stranded in regions where they worked. Reduced flights are likewise unfavorable for the majority of returning workers in Metro Manila’s quarantine centers. To note, from Thursday alone this week, around 100 OFWs were stranded and went through the night at the

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  • 27
    May 2020

    During the start of March, the PSEi already saw a rather significant drop from its 7,000 price level. However, as the news of a possible lockdown started to circulate, the stocks continued plummeting until it eventually reached its lowest point at around 4000 two days after the actual lockdown was implemented. Seemingly stagnant at first,

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