Category: Forex Trading

Mining stocks are the companies involved in exploring, extracting, and producing natural resources. The sector is actually one of the largest contributors to the global economy. And in countries like Australia, one of the biggest employers as well. Typically, the larger more established mining companies, known as the majors, pay dividends. The smaller, less-established mining…

If you feel the European Central Bank will begin a series of rate hikes, wait for a falling wedge pattern to appear on the chart and then go long when the price breaks out to the upside. The goal is to locate circumstances in which the consolidation takes the form of a forex falling wedge…

Content Using the MACD with other indicators More Technical Analysis Guides To Improve Your Trading Skills: MACD Parameters What is the standard MACD setting? Ways To Interpret The MACD Index What is the reward:risk ratio Economic Indicators We define bearish divergence by the price highs and the fast MACD line. As you can see, the…

Factor in the crucial role oil plays in the economy and any restrictions to supply can be followed by dramatic price surges. As global economic growth contracts, oil demand usually declines. West Texas Intermediate oil (WTI) is a North and South American crude oil benchmark, priced in Cushing Oklahoma, in the United States. WTI is…