The wedge chart pattern is popular with traders, as it is easy to identify, and has a simple measuring tool that is simple to use. So what actually is a wedge?
Public Holidays and Your Trading Schedule
With exchanges and banks shut completely or operating on reduced hours, it’s crucial not to be caught out by surprise festivities
Dow Jones, S&P 500 Wary of Quadruple Witching Volatility – US Market Open
After historic making moves, Dow Jones, S&P 500 await quadruple witching induced volatility.
Surging US Dollar Hits a Wall; is a USD Unwind Underway?
The near-vertical climb in the US Dollar Index takes a breather as GBP/USD pivots higher, AUD/USD rebounds and USD/CAD ricochets off resistance. Is the US Dollar rally over?
S&P Tests Support, EUR/USD Sell-Off Slows as USD Tempers Gains
It was another week of extreme volatility in global markets that was matched with historic moves from the world's largest Central Banks.
VIX Recedes into the Weekend After Record-Setting Spike
The market’s “fear gauge” or VIX index retreated into the weekend after a record-breaking string of performances over the last two weeks. What does this mean going forward?
VIX Peels Back as S&P 500 Stabilizes; High Volatility Still a Threat
Despite a deepening coronavirus crisis, the S&P 500 Index started to stabilize this week and the VIX ‘fear-gauge’ edged lower, but cross-asset volatility remains at crisis high levels and threatens…
Australian Dollar Data Drought Will Leave Coronavirus In Charge
The Australian Dollar faces a lack of scheduled economic or central bank news this week. That’s not likely to be good news for its remaining bulls.
What is a Pending Order in Forex?
In Forex, we play a “market order” to get involved. This tells the broker that you want to get involved to the best price possible, or the “market price.”
What is Slippage in Forex Trading?
When you begin to trade Forex, you are flooded with new terms. One of them is “slippage.” Slippage is a difference between the price you see & the price you pay.