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One of the leading causes for the failure of many businesses is their lack of planning. I think most successful people would agree that if you want to be successful in life and business you need to have a plan for how to obtain that success, set goals to meet along the way, and then [...]
Billionaire Li Ka-shing’s Hui Xian Real Estate Investment Trust, Hong Kong’s first stock sale denominated in yuan, fell on its debut after offering the lowest yield among property trusts in the city. Hui Xian declined as much as 11 percent and ended its first day 9.4 percent lower at 4.75 yuan. The trust raised 10.5 billion [...]
In the 1930s, Ralph Nelson Elliott, a corporate accountant by profession, studied price movements in the financial markets and observed that certain patterns repeat themselves. He offered proof of his discovery by making astonishingly accurate stock market forecasts. What appears random and unrelated, Elliott said, will actually trace out a recognizable pattern once you learn [...]
When you place orders with a forex broker, it is extremely important that you know how to place them appropriately. Orders should be placed according to how you are going to trade – that is, how you intend to enter and exit the market. Improper order placement can skew your entry and exit points. In [...]
The Swiss franc fell broadly against the European currency and the U.S dollar after the country’s central bank said the nation may need tighter financial regulation than the rest of the world. The franc declined on Swiss National Bank Chairman comments that the problems linked to the financial market are bigger in Switzerland than elsewhere [...]
There are several important events coming out of the U.S. and Europe including the German Ifo Business Climate and FOMC Meeting Minutes. These events always provide for extreme market volatility in the major currency pairs. 9:00 GMT: German Ifo Business Climate • This indicator reflects the level of a composite index based on surveyed manufacturers, [...]
It looks as if the USD may be getting some support against the Norwegian Krone as the Norwegian government plans to begin withdrawing its stimulus. According to the Finance Minister, Sigbjoern Johnsen, “Norway must remove government stimulus or risk faster interest rate increases that would strengthen the Krone and stifle an export recovery”. As a [...]
The U.S dollar rose Tuesday as a decline in stocks and dimming expectations about the U.S. economic recovery increased demand for U.S currency perceived as safer. Some investors buy the Dollar, seen as a safe haven, against other higher-yielding currencies and sell assets like stocks and commodities when economic optimism diminishes. The greenback also climbed [...]
In today’s trading, the silver experienced much bearishness. However, as I will illustrate below the 4-hour chart’s oscillators support a bullish reversal for today. This might be a good opportunity for forex traders to enter the trend at a very early stage and at a great entry price. • The chart below is the 4-hour [...]
Appreciation – A currency is said to `appreciate` when it strengthens in price in response to market demand. Arbitrage – The purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market, in order to take advantage of small price differentials between markets. Around – Dealer jargon [...]