News and Information
What are the most important skills for a foreign exchange trader?
Buying skills? Selling skills? It is true that buying skills is a prerequisite for success in trading. Good buying allows you to stand in a good position, advance and retreat, and provide strong psychological support and room for maneuver for the development of other skills. Selling skills...
Books that must be read for good foreign exchange trading
When foreign exchange traders learn knowledge, they always feel that they cannot find the right trading books for them. Today, we will introduce to you several excellent books on foreign exchange trading, each of which has been carefully read by the author. Not only is the content wonderful, but the ideas are also unconventional.
Hawks turn doves? Walsh at the helm of the Federal Reserve: Can balance sheet reduction and interest rate reduction go hand in hand?
As the youngest Fed governor in history who served from 2006 to 2011, Warsh has long portrayed himself as an "austerity hawk". For many years, he has continuously criticized the Fed's excessive expansion of the balance sheet and excessive policy intervention after the crisis. However, in recent years, his position has clearly changed, and he has opened up...
Homeopathic Indicators (CCI)
The homeopathic indicator (CCI) is a leading indicator designed to identify price reversals or short and sell short phenomena. Its basic principle is that prices tend to reverse periodically. Using CCICCI in trading shows a range of -344.13...
Traders' secrets to breaking out of the cycle of "small profits and big losses"
Many traders will always experience a "small profit and big loss" stage when entering the market. The performance of the capital curve at this stage is also a small rise and a sharp fall, and even worse, it will fall all the way without any signs of rebound. So how to get through such a frustrating stage...
Walsh chaired the Federal Reserve meeting for the first time to affect the whole market; preparations for the US-Iran agreement advanced steadily
The two sides are preparing for a signing ceremony in Switzerland on Friday, with more details gradually revealed. The core provisions include two: Iran will be allowed to temporarily resume oil exports, which will put significant downward pressure on energy prices; and the United States plans to establish regulations.
Macro disturbances have not been eliminated, and color is waiting for a breakthrough to drive: July 28 [Color System] View Summary
A summary of the views of futures companies: There are colors (copper, zinc, aluminum, nickel, tin, etc.) on July 28. For more details, please refer to the special chart of the latest information in this article. Copper: Aihua LME spot strengthened, supporting prices; there was a small accumulation at the inventory end, and the spot premium was supported...
From Bernanke to Powell: The Federal Reserve's Crisis Relay and December Interest Rate Cut Expectations
In early 2006, when Ben Bernanke succeeded Alan Greenspan as chairperson of the Federal Reserve, The Economist magazine launched a highly iconic cover report: Greenspan and Bernanke were in the middle of a relay, but the former handed over...
The advantages and disadvantages of five common foreign exchange trading strategies in the foreign exchange market
Many traders who are new to the foreign exchange market will be confused - should I be a day trader, a swing trader, or a long-term trader? Which trading strategy is more suitable for me? This article describes the advantages and benefits of five common foreign exchange trading strategies in the foreign exchange market.
The essence of speculation that must be understood
Talk about the most fundamental issues, the most basic ideas, opinions, attitudes, and other issues cannot be solved, and it is impossible to do one thing well. For example, your outlook on life, values, and attitude towards life determine what kind of person you are.
Gold prices could soar to $4,900 in 2026? Goldman Sachs warns: Investor diversification will set off a super bull market!
Goldman Sachs Group's latest forecast shows that gold prices could reach $4,900 an ounce or even higher by the end of 2026. This view stems from the dual drive of continued central bank buying and interest rate cuts by the Federal Reserve. If private investors turn further towards gold...
Futures Trading Sharing: Five Ways to Open Positions in Day Trading
Many people always lose money. In fact, one of the most important reasons is that there is no probability system with an advantage. Now I will briefly describe these five operating systems with probability advantages, and those who are destined will get it. 1. Breakthrough opening system. The early high and low points of a breakthrough,...
The spot crude oil premium has plummeted, and the inventory buffer is about to be exhausted, and a new round of surge is on the way
Recently, the international spot crude oil price has fallen sharply, and the spot premium has narrowed rapidly, from more than 30 US dollars per barrel higher than Brent crude oil in early April to near parity in the procurement cycle in May, or even a slight discount. This is not an easing of the tight global crude oil supply pattern...
Foreign exchange speculation is a psychological battle
There is an old adage on Wall Street that "there are two forces driving the market: greed and fear". In fact, greed is not a problem. Greed or not is judged after the fact. Buffett also wants to make a lot of money, but his results are successful, so no one says...
The Most Important Qualities of a Successful Forex Trader
A calm sea does not make a great sailor. Sailors have to get lost and battle the waves to find the right strategy for them to move on. The same applies to foreign exchange trading, where wise investment, timing and patience are the three most important things...

