Oil contract prices soared after OPEC confirmed last week’s rumours, announcing a cut of more than 1 million barrels a day, equivalent to about 3% of production. The White House (USA) reacted immediately, accusing the organization of being “reckless”, as limiting production generates a shortage of supply, causing an appreciation of oil that, in the...
Category: Featured
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Bank fears ease and interest rates rise again
Banking fears subside and interest rates rise again – but there is still a strong concern about inflation and a likely ever-closer recession. The bets for the next FOMC meeting are quite volatile: it is important to note that the market is already pricing in a significant drop in US interest rates by the end...
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Quick-Start Guide: An Online Trading Account in Just 5 Minutes
Are you interested in trading in the financial markets? ZERO Markets is a broker that provides trading services for forex, commodities, and other financial instruments. In this tutorial, we will guide you on how to open a new account with ZERO Markets. Whether you are a novice or a professional, this article can help you...
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FIBONACCI – The Powerful Tool for Trading
You may have heard that professional traders frequently discuss the significance of Fibonacci numbers and how they inform buying or selling decisions. But how does the role of these ubiquitous levels, rooted in straightforward mathematics, play in the market’s movements? The Fibonacci sequence is a significant set of numbers and ratios that occur in various...
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3 Essential Triangle Patterns Every Trader Should Know
Triangle patterns are a frequently-utilized technique in technical analysis. Recognizing patterns is a key aspect of a trader’s ability to identify trends, predict future market outcomes, and ultimately trade with greater success and profitability. Triangle patterns are valuable because they provide insight into the continuation of bullish or bearish markets, and they can also signal...
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Embrace the flexibility of trading styles, choose your own way
There are four primary types of trading: scalping, day trading, swing trading, and position trading. The main difference between the styles is the length of time that you intend to be in a trade. It’s essential to be truthful with yourself, even if some of the attributes may not be favorable. Identifying the trading strategy...
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MetaTrader4 Platform Tips – Part 1
For beginner traders using the MetaTrader4 platform for the first time can be confusing. Opening and closing trades is simple enough but it is hard to make the most out of the platform. These are some handy tips to help make trading a little bit easier and more enjoyable. Tip 1: Chart Templates This one...
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A Guide to Opening a Live MetaTrader (MT5) Account
Prominent brokers including ZERO Markets provide access to a broad range of financial assets, including Forex (foreign exchange trading), shares, commodities, indices and cryptocurrencies. Brokers partner with the world’s trading platform software company, MetaQuotes Software Corp. to offer several trading applications. The most popular software includes MetaTrader 4 and MetaTrader 5multi-asset trading platforms. MT5’s usage increased by 11.5% in the first quarter of...