Australian Forex broker Pepperstone is building its portfolio of online trading platforms and has unveiled plans to roll out Metatrader 5. The name of MetaTrader 5 has appeared in the list of platforms supported by Pepperstone with a promise that the release is “Coming Soon”. Such a move makes some sense when considering the more recent steps taken by Pepperstone, particularly its targeting of Russia and the Commonwealth of Independent States. Earlier this year, Pepperstone opened ...
Talking Points: Building a BiasFinding Our Where or When You’re WrongTaking What the Market Gives You Trading well is simple but it’s not easy. Due to its simplicity, many traders attempt to jump into a trade figuring it will work out sooner or later. However, a trading plan that involves wishing leaves traders, experienced and new, exposed to a myriad of problems. Trading Means More Than Wishing You’re Right ...
Forex Weekly Outlook August 18-22 US housing data, Inflation data in the UK, the US and Canada, FOMC Meeting Minutes, Philly Fed Manufacturing Index, Janet Yellen’s speech are a few of the major events on Forex calendar. Follow along as we explore the Forex market movers for this week. Last week US retail sales disappointed with a flat reading in July, a poor start to the third quarter, suggesting some loss of momentum. Economists expected 0.2% increase. The ...
GBP/USD Monthly Technical Analysis for August 2014 The GBP/USD posted its biggest monthly decline in July since May 2013. The selling pressure was driven by the strengthening U.S. economy and increased expectations for higher U.S. interest rates. Some of the weakness last month was driven by a drop in house prices. Further hurting the Sterling was comments from Bank of England Deputy Governor Ben Broadbent who said in an interview with Bloomberg News that the “edge ...
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