EURUSD Market Update 18 Sep 2022
After ECB raised 0.75% of the interest rate last two weeks, this week is US Federal Reserve‘s turn to raise interest.
Key Advantages of Automated Trading Bot
Trading like CFD Trading or Forex Trading has become very common nowadays and there are many traders relying on trading to generate their main or passive income. Generally, there are two main types of traders – Manual Traders and Algorithmic Traders (also called Quant Traders).
Manual Traders as its name, place a trade and close the trade manually by analyzing the market technically and sometimes fundamentally while Quant Traders use an automated trading bot to trade on market to gain automated passive income. In our honest opinion, we do not have strong preferences for either way as long as it works. When we say it works, it means the same process or action of trading can consistently generate profit in long term.
However, it is undeniable that an Automated Trading Bot or Algorithmic trading has some key advantages that you should at least considering to include as part of your trading strategy.
EURUSD Market Update 3 Sep 2022
With more hawkish comments from US Federal Reserve members, the EURUSD dropped below parity again this week. Next week on 8th September 2022, it is again ECB (European Central Bank) Interest Rate announcement and we should expect it will be a volatile week for EURUSD.
EURUSD Market Update 21 Aug 2022
EURUSD started to drop again last week and it seems to be in the process to retest the 52-week low of 0.9952. Jackson Hole Meeting, the annual global central banking conference is coming this in this Thursday 25 Aug till the weekend of next week.
Steps to Setup Cheap Forex VPS using Interserver.net
If you are looking for cheap and good Forex VPS, you should consider Interserver.net. This is so far one of the cheapest Forex VPS and yet good quality on the market.
P2P Lending – Great Monthly Passive Income
How do you make your available cash to work harder than before? Peer-to-Peer(P2P) Lending or P2P Financing could be an answer for you. You can easily deploy your extra cash and lend it to small and medium enterprises (SMEs) and gain interest as high as 12% per year.
EURUSD Market Update 17 Jul 2022
EURUSD now is at a level that we have never seen before since 2003. We saw a few moments when EUR is lower than USD last week.
This week there will be a European Central Bank (ECB) Interest Rate Decision announcement on 21 Jul and next week there will be an FOMC Interest Rate Decision and Press Conference on 27 Jul.
Low Risk Way to Get Crypto Exposure
As we always stated previously, we believe in diversification, not only in just diversification on different stocks or currencies but also diversification in the different asset classes. Each asset class has its own cycle, when the stock market is good, the forex market might be bad and it can be another round, or both are bad at the same time while some other asset class is doing good.
Today we are going to talk about a very debatable asset class – Crypto and how can you get crypto exposure in a low risk way.
Key Success Factors for Martingale Strategy
After running a few of our Martingale strategies, especially Ophiuchus EA for almost 3 years and supporting many of our clients in running this strategy, we managed to conclude a few key success factors for Martingale Strategy Trading. We hope this sharing can help our existing clients to be more successful and new clients to be successful. This article is written specifically for our Ophiuchus and Limitless users but it also can use for any general Martingale Strategy Trading.
EURUSD Market Update 11 Jun 2022
The next FOMC Interest Decision and Press Conference will be held on 14-15 Jun 2022.
As you can see on the market yesterday, US CPI data for May was unexpectedly rise to 8.6% year over year while the market consensus is only 8.3%. There is no obvious sign that US inflation is under control although multiple rate hikes of 0.5% for the next few FOMC meetings are the market consensus at the moment. There are also some analysts that are predicting CPI next month might be as high as 9%.