Transaction Documentary
IG foreign exchange attention: key analysis of WTI crude oil
On Wednesday (July 30), WTI crude oil prices showed a narrow range after rising sharply by 3.39% overnight in the early Asian session, and are currently trading around 69.20. Concerns about supply tightening continue to rise in the market, providing support for US crude oil prices.
Do you need to open two foreign exchange trading accounts?
Online brokers come in a variety of forms, with some platforms offering more advantages and others offering a variety of features and services. Overall, the account opening process is now very convenient, and many traders hold at least two real foreign exchange accounts. Advantages have one...
Introduction to MQL4 Language Basics and Detailed Functions
MetaQuotes Language 4 (abbreviated as MQL4) is a built-in programming language specifically designed for writing trading strategies. With this language, users can create their own Expert Advisors and implement trading strategies.
Several Practical Analysis Methods in Foreign Exchange Trading
Some foreign exchange traders find technical analysis indicators obscure and fear them. In fact, in addition to technical indicators, we can also grasp the timing of entering the market by observing the trend of the exchange rate, which is also very common in IEXS foreign exchange. External...
The secret to success: courage and action to be the first
In the process of trading, if you cannot tolerate your own mistakes, you will often become overly cautious, nervous, and difficult to maintain a stable and balanced mindset. It may even lead to a situation where mistakes are denied and eventually lead to major mistakes. These are all issues that require special attention in trading.
Common Mistakes in Foreign Exchange Fundamental Analysis
People who are new to foreign exchange trading usually understand that one of the analytical methods is the so-called fundamental analysis, which is based on the collection, aggregation and research of various fundamental information in an attempt to come to a conclusion that it is either bullish or bearish. Frankly speaking, this method...
Analysis of the trend of gold after breaking 4050 and the key direction of EC foreign exchange
On Wednesday (October 8), the spot gold price continued its strong pattern and refreshed its all-time high to $4,049.43/ounce. This break through the $4,000 mark is not an isolated event, but rather the seventh day of the US government shutdown.
Analysis of the impact of economic events on gold and silver
If the US current account deficit widens, the country's currency depreciates. Bad for the dollar. Good for gold. If the US current account surplus widens, the country's currency appreciates. Good for the dollar, bad for gold. Trade deficit is also called "trade deficit", which corresponds to "trade surplus...
What are the main types of foreign exchange technical analysis?
Forex technical analysis is an important means to predict the direction of exchange rates and make trading decisions with the help of a variety of analytical tools. There are five main types of common foreign exchange technical analysis: K-line, pattern, wave theory, indicator, and tangent. For example, when selecting...
Choice analysis of short-term trading and long-term trading
There are two main ways to make profits: one is to hold a small position to capture large price fluctuations, and the other is to hold a large position to strive for small fluctuations. So, what is long-term trading and what is short-term trading? In the field of financial speculation, we usually...
On August 27, the financial breakfast gold price hit a new high in half a month, causing concern about the independence of the Federal Reserve
On Wednesday (August 27, Beijing time), spot gold traded around $3391.67 an ounce, and gold prices rose on Tuesday to their highest level since August 11. Market risk aversion has heated up, mainly due to investors' confidence in the Federal Reserve...
Understanding Forex Trading: A Steady Profit Approach
Is foreign exchange trading easy to make a profit? Why do some people lose a lot in the short term? If every operation happens to be the opposite of expectations, the results will be very different. Many traders have this experience: making money in the foreign exchange market may seem simple, but losing money is just as fast...
Key points to pay attention to in short-term trading
1: Short-term operation, unless the currency trend is very strong, it is generally not recommended to chase higher. Especially in the early trading hours, if a currency pair rises sharply by more than 5%, chasing higher is easy to be stuck at a high level. Many novice investors are prone to make such mistakes. For this type of foreign exchange, even more...
Forex Trading Psychology: How to Deal with Greed to Influence Decisions
The most dangerous emotion in the mind of a Forex trader "A greedy man and a pauper are in fact the same." The Swiss proverb above couldn't be more relevant to us traders. As you probably already know, many Forex traders (and their accounts)...
Popular explanation of quantitative easing
The term quantitative easing was first coined by the Bank of Japan in 2001, which refers to the central bank deliberately injecting excess funds into the banking system, such as printing a lot of money or buying government and corporate bonds, to keep the base rate near zero, so as to help the economic system.

