How to minimize loses in Forex trading

In forex trading, there are two main reasons why traders make huge consecutive losses. One is greed, and the other is a lack of good risk management strategies when trading. In forex, greed refers to trading without a specific reason or without identifying an opportunity to trade. in other words, it refers to trading without... Continue Reading →

How to trade breakouts: Forex & crypto

A breakout is a price movement in a different direction from the previous price activity in the forex and crypto markets. It can be a change from a downtrend to an uptrend or from an uptrend to a downtrend. It can also be a price movement through a well-established support or resistance level. When the... Continue Reading →

XAU/USD traders brace for the key data/events on Monday

Gold prices (XAU/USD) remain stagnant at around $1,855 as traders brace for major market releases today (Monday, March 6, 2023).  Traders are keeping a keen eye on several headlines including China’s inflation data, Fed Chair Powell’s testimony, and the US NFP. Source: TradingView There is also the US Dollar’s indecisiveness despite a retracement in the... Continue Reading →

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