5 Things to Watch on the Economic Calendar This Coming Week

Investing.com - In the week ahead, investors will continue to focus on U.S. economic reports to gauge if the world's largest economy is strong enough to withstand a hike in interest rates in the coming months, with Friday’s nonfarm payrolls data in the spotlight. There is also U.S. ISM data on both manufacturing and service sector activity. Thursday’s rate announcement from the Bank of England will be in focus, amid mountings expectations the...

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Supply And Demand VS Support And Resistance

FEATURED ARTICLE If we had to explain the differences in one phrase, we would say that "Supply and Demand" is the only true "support and resistance". Let us explain this further. If you asked random novice traders "what is support and resistance for you?", one might reply the 200 EMA (exponential moving average), while another one might say, this or that trendline, or the piercing of a Bollinger Band, this or that overbought/oversold indicator,...

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Track The Largest Traders With The COT Report

FEATURED ARTICLE Talking Points: What Is The Commitment of Traders Report? Who Are the Players In The Report? How to Read CoT for Directional Bias What Is the Commitment of Traders Report? How would you like to know what the smartest guys and girls in the room are doing? Thanks to a requirement by the Commodity Futures Trading Commission, the largest futures traders in the world are required to report their positions which can easily...

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Standard Procedures for Trading Account Funding - Deposit, Withdrawal and Internal Transfer

Local current exchange rates updated at July 2016: Deposit USD 1 = RM 4.40 Withdrawal USD 1 = RM 4.20 For International traders, please contact us for respective rates...

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5 Things to Watch on the Economic Calendar This Coming Week

Investing.com - In the week ahead, investors will be looking to Wednesday’s highly-anticipated Federal Reserve policy statement for fresh guidance on the pace of interest rate hikes over the next several months. Elsewhere, market participants will be awaiting a monetary policy announcement from the Bank of Japan on Friday, amid growing expectations for further stimulus. Traders will also be looking ahead to data on U.S., U.K. and European second...

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The Science of Trading: Supply and Demand

FEATURED ARTICLE How many times have you heard someone say "trading is an art, not a science"? I have heard that for years and years and I have to say, it is probably the most ridiculous statement I have heard when it comes to trading and as we all know, there are some pretty ridiculous statements in the trading world. IT'S A NUMBERS GAME There is absolutely nothing artistic about trading at all. This is 100% a numbers game. How much willing...

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5 Things to Watch on the Economic Calendar This Coming Week

Investing.com - In the week ahead, market players will be focusing on the outcome of Thursday’s European Central Bank meeting to see if policymakers will step up monetary stimulus to counteract the negative economic shock from the Brexit vote. Investors will also be looking to Friday’s survey data on euro zone business activity, as well as a report on German business confidence, for fresh indications on the health of the region’s economy in wake...

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