Month: January 2023
BANKS HAVE BANNED INTERNATIONAL TRANSACTIONS USING NAIRA CARDS.
Naira cards will no longer be accepted for international online and Point of Sale (PoS) transactions, according to Nigerian banks, which would reduce the amount […]
How to Learn Forex Trading: Ultimate Guide for Beginners
Do you know why it is hard for beginners to build a lucrative career as a Forex trader? The reason is that they enter the […]
WikiFX Scam Alert: FCA Blacklists 15 Unauthorized Brokers Jan 4!!!
To make things straight from the very beginning, on our next screenshots you may check the recent warnings issued on January 4th against 15 Illegal […]
Phishing Attacks: How They Work and How to Defend Against
Phishing is a sort of internet fraud in which attackers attempt to deceive victims into providing sensitive information such as passwords, financial information, or personal […]
Oil Price Decline ahead of the Raising COVID-19 Case
Oil prices fell for a third straight day on Thursday as rising Covid-19 cases in China, the worlds largest crude importer, continue to raise concerns […]
How to Use the Stochastic Indicator in Forex Trading
ForexTradingwithStochasticIndicator:KeyTakeawaysForextraderscanbenefitfromusingstochasticindicatorsinanumberofways:1.Identifyingpotentialoverboughtoroversoldconditions:Stochasticindicatorscanassistforextradersinidentifyingwhencurrencypairsareoverboughtoroversold,pointingtoapotentialtrendreversal.2.Generatingbuyandsellsignals:Stochasticindicatorsplayacrucialroleingeneratingbuyandsellsignalsbyanalyzingtheintersectionoftheindicatorlineandthesignalline.Forexample,whentheindicatorlinecrossesabovethesignalline,abuysignalmaybegenerated,andwhentheindicatorlinecrossesbelow,asellsignalmaybegenerated.3.Confirmingtrenddirection:Stochasticindicatorscanbehelpfulindeterminingatrend'sdirection.Forexample,anupward-trendingmarketandanupward-trendingstochasticindicatorcanbeindicatorsthatthetrendwillpersist.4.Identifyingpotentialtrendreversals:Stochasticindicatorscanalsobeusedtodeterminewhenatrendmightbereversing.Forexample,whenthestochasticindicatorbeginstotrenddownwardduringanuptrend,itmaybeasignthatthetrendisabouttoreverse.It'simportanttonotethatwhilestochasticindicatorscanbeuseful,theyshouldnotberelieduponexclusively.Makingtradingdecisionsshouldalwaysbeguidedbybothtechnicalandfundamentalanalysis. Stochastic Indicator Explained The stochastic oscillator, also termed the stochastic indicator, is a popular trading analysis tool used for forecasting potential trend reversals. It […]
What Will Happen Next In Sam Bankman-Fried’s Fraud Case?
January 4 (Reuters) – In Manhattan federal court on Tuesday, FTX founder Sam Bankman-Fried pleaded not guilty to fraud and other counts connected to the […]
Mohicans markets:MHM Today News
☆ 23:00 U.S. ISM Manufacturing PMI for December ☆The next day 03:00 the Federal Reserve releases the minutes of the December monetary policy meeting ☆The […]