Author: FX
The Super Trend and Fibo Pivots Forex Trading Strategy is a highly versatile approach that combines the power of trend-following indicators with the precision of Fibonacci-based pivot levels. This strategy is designed to help traders identify high-probability trading opportunities by leveraging the strengths of two widely respected technical tools. The Super Trend indicator excels at identifying the direction of the prevailing market trend, while Fibonacci pivot points provide critical support and resistance levels. Together, they create a seamless blend of trend confirmation and price action analysis that is suitable for traders at any skill level. One of the standout features…
Managing risk in trading can feel tricky, especially with leverage. Leverage lets traders control large positions with small amount of capital. This guide explains how to use forex leverage effectively, avoid costly mistakes, and boost your chances of success. Keep reading—it’s simpler than you think! Key Takeaways Leverage lets traders control large positions with small investments, like $1,000 controlling $100,000 at 1:100 leverage work. Higher leverage means bigger profits or losses; a 2% unfavorable move can wipe out an account using high leverage. Use the formula: Leverage ratio = Trade size ÷ Account equity to calculate and manage risks. forex…
Jan. 07, 2025 7:05 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor SlavkoSereda/iStock via Getty Images Crude oil futures finished higher Tuesday, resuming the rally that started the year, supported by expectations that demand will be helped by Chinese economic stimulus and in the short term by winter weather driving demand for heating fuel. Traders are Source link
In a recent transaction, the W.K. Kellogg (NYSE:) Foundation Trust sold 114,583 shares of Kellanova (NYSE:K) common stock, totaling approximately $9.31 million. The shares were sold at an average price of $81.28 each, near the stock’s 52-week high of $81.39. InvestingPro analysis indicates the stock is currently trading above its Fair Value, following an impressive 46% gain over the past six months. Following this sale, the Trust, which is a significant shareholder, holds 48,649,527 shares in the $28 billion market cap company. These sales were executed under a pre-arranged trading plan, complying with Rule 10b5-1(c) of the Securities and Exchange…
The item of interest today is the November monthly CPI reading from Australia. The quarterly CPI remains the gold standard for understanding inflation in Australia due to its comprehensiveness, stability, and historical consistency. Meanwhile, the monthly CPI provides valuable interim insights but is seen as a supplementary tool rather than a primary benchmark. the next quarterly reading is due on Wednesday 29 January at 11.30 am Sydney time (0030 GMT and 1930 US Eastern time on Tuesday the 28th). I’ve stuck in more information below, if you’d like it.Taking a look at recent inflation data. September Quarter 2024:Quarterly Increase: The…
Gold climbs to $2,664 but faces pressure from a strong US labor market and Trump’s assertive tariff plans. Trump’s unexpected remarks on reclaiming the Panama Canal and imposing tariffs on neighbors bolster the US Dollar. People’s Bank of China boosts gold reserves, signaling increased demand as global economic uncertainties persist. Gold price advanced late in the North American session on Tuesday yet retreated from daily highs on solid United States (US) economic data and US President-elect Donald Trump’s press conference remarks. The XAU/USD trades at $2,648, gains 0.50%. In the United States, the schedule revealed a strong jobs report amid…
US 10 year yields, dailyToday will be a big test of real-money demand for 10-year US notes. The Treasury will sell $39 billion in a new issuance at 1 pm ET with the results minutes later.Yields are higher by 8.1 bps today to 4.69%, which is the highest since April. A weak result would put the April high of 4.74% under pressure while anything over 4.61% would he the highest in more than a decade. Yesterday, a three-year note sale tailed by 1.2 basis points and that led to broadly higher yields.The bigger driver today has been a pair of…
GBP/USD reaches new peak after Trump advisors hint at targeted tariffs, weakening the US Dollar despite strong US data. US Services PMI and JOLTS job openings surpass expectations, signaling robust economic health. UK retail sales hit highest level since March 2024, adding to the positive outlook for the Pound amid a light UK economic calendar. The Pound Sterling rose to a new four-day peak of 1.2575 on Tuesday after posting its biggest gain in the last three days. The Washington Post revealed that US President-elect Donald Trump’s advisers considered applying tariffs to specific imports, weakening the Greenback, which of late…
ra2studio/iStock via Getty ImagesAn investor group led by Blackstone (NYSE:BX) is purchasing a stake of over two-thirds in U.S. accounting firm Citrin Cooperman from smaller rival New Mountain Capital, according to a media report dated Tuesday. The deal is expected to give the Source link
Nvidia’s new $3k Digits computer release this weekNvidia’s unveiling of the Digits personal AI supercomputer at CES 2025 marks a transformative moment in the democratization of artificial intelligence. Priced at $3,000 and slated for release in May 2025, Digits offers unparalleled AI capabilities in a compact, desktop-sized device. For Nvidia stock investors, this innovation reinforces the company’s dominant position in the AI hardware market, while opening new revenue streams that strengthen its long-term growth potential.NVDA Stock – Most Saw a Bearish Head & Shoulders at $127. ForexLive.com said ‘Buy’NVDA up apx. 19% in 19 days since our ‘Buy the Dip’Okay,…