It hasn’t been all bad for traders forced to spend more time at home. As it turns out, governments’ measures to stop the spread of COVID 19 have given traders more time to learn how to trade online.
In many ways, you could
say 2020 was the year of the Webinar.
According to a recent study by GoToWebinars, online webinars and educational resources were already gaining steam before the Covid outbreak at the end of 2019. By March 2020, the number of webinars available online shot up by 330%. Webinar attendees had doubled, and it’s been doubling monthly since.
People by the millions,
have signed up more…
probably noticed that as of late, that the once highly volative and active
EURUSD has seen very low volatility and narrow trading ranges. On Wednesday,
the pair was up by 0.1% for the day, during the US session, marking a daily
move of 10 pips. While it is still the most globally traded pair, this
volatility is not enough for traders to base their strategies on.
The truth is,
between July and October the pair has barely moved. Its July highs were at 1.20
and lows at 1.16. In simpler terms, its range is at 400 pips over the period of
three months, and on most days more…
has been said about the bull market in precious metals as gold rose 40% from
March lows to August highs, while silver notably outperformed that and posted a
150% increase in the same time-frame. All this happening within 6 months is
However, since August highs, both metals are plunging – gold is lower by 10%, and silver by 25%. That’s understandable, considering the steep rally in metals over the previous months.
million-dollar question is; what happens next?
big drop in gold and silver has primarily been driven by dollar strength. The
dollar index hit a two-month high on Wednesday. Investors have moved to the USD
due to more…
Imagine you could travel back in time to any year you wanted. Maybe you have a time machine or a special power. Which year in history would you choose to travel back to?
you jump to your favorite costume’s era, consider the years when
savvy traders made hundreds of thousands, even millions, almost
overnight from the financial markets, simply because they made the
right trade at the right time.
Wouldn’t you want to go back to these events in time and set yourself up for life too? Here are three times you could have struck gold if you’d been there, done that! Keep them in mind more…
The 2020 US election has amplified an almost unprecedented level of uncertainty in the financial markets.
With a global pandemic, a healthcare crisis, and a weakening USD, you can be sure that the candidates are running against a backdrop of market volatility. And their policy decisions will create significant movements across a wide spectrum of sectors, should they win.
So how do traders prepare during these volatile times leading up to the 2020 US election?
The short answer is they position themselves to benefit from the market movements they predict may be coming up ahead, regardless of whether the market will move up or more…