Retail Sales Release – The Dollar Value of Merchandise Sold
The retail sales report is released by the U.S. Census Bureau every month on the 13th day, or on the nearest date if the 13th is a holiday. The report covers the previous month’s developments, and is anticipated eagerly by both economists and traders.
The data included in the release is calculated from the dollar-value [...]
Philadelphia Fed Survey – The Philadelphia Business outlook survey
The Philadelphia Business outlook survey is conducted by the Federal Bank of Philadelphia on the 3rd Thursday of each month at around 12 pm EST. It is conducted in a way similar to the ISM’s PMIs. Major industries in the region are given questionnaires, and their answers are then gathered to create a diffusion index. [...]
How To Trade Market That Is Moving Sideway
There are 3 ways the currency market can move namely UP, DOWN and SIDEWAY. If the price is moving in a particular trend, it will be easy to trade as going with the trend is one of the most profitable ways to make money. However when the market moves into sideway movement, it can be [...]
How to Get a Good Forex Broker for a Winning Forex Trading
Foreign exchange means exchanging of one currency for another in foreign exchange market or forex. With an average daily trade of US$ 2 trillion and above, forex market is hailed as the largest market for trading in the world. With an aim to earn substantial profit, new investors are jumping in the market everyday. Investors, [...]
Forex Tips – Easy To Apply Tips For Triple Digit Gains
Here we will look at some simple tips which can make any Forex treading strategy more profitable and reduce risk at the same time. Here are your Forex tips for bigger profits…
The first tip is an obvious one but very few traders incorporate it in their trading plan.
1. Reduce Trading Frequency
Most traders think [...]
