USD/SGD Set to Swing from 1200 Pip Retracement
A week full of news events may create volatile ranges to trade in currency cross pairs.
Meshing the Fundamentals and Technicals to Trade the RBA Rate DecisionBy James B. StanleyOne of the more important drivers of currency prices, over the long-term, are interest rates. This relationship between price and interest rates is compelling, as it goes so much deeper than just “XYZ economy has rates at 5, ZYX has rates at 2; so this is definitely going to happen.
Deciding which Charts to Use for the Analysis
New traders often learn a valuable lesson very early in their trading career. And that is that any trade idea is often – at best – a hypothesis. Any trade that is placed can be a potential loss, and the management of risk is important regardless of the market, currency pair, or asset class being traded; so that if that loss occurs – the trader is able to mitigate the damage.