Category: Uncategorized
What is a margin call?
One of the most unpleasant experiences a trader can face is known as a margin call. To understand the dynamics behind this feature one must first appreciate what margin is in the forex market, which unfortunately is a commonly misunderstood concept. What is margin? Margin is essentially a good-faith deposit that’s required by the brokers … Continue reading What is a margin call?
Friday 24th February: European Open Briefing
Global Markets: Asian stock markets: Nikkei down 0.50 %, Shanghai Composite lost 0.30 %, Hang Seng declined 0.35 %, ASX 200 fell 0.85 % Commodities: Gold at $1250 (-0.05 %), Silver at $18.20 (+0.35 %), WTI Oil at $54.50 (+0.10 %), Brent Oil at $56.65 (+0.10 %) Rates: US 10-year yield at 2.38, UK 10-year … Continue reading Friday 24th February: European Open Briefing
Friday 24th February: Technical outlook and review
A note on lower timeframe confirming price action… Waiting for lower timeframe confirmation is our main tool to confirm strength within higher timeframe zones, and has really been the key to our trading success. It takes a little time to understand the subtle nuances, however, as each trade is never the same, but once you master … Continue reading Friday 24th February: Technical outlook and review
