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Choose your trading strategy (II)

Breakout Strategy Breakout Strategy refers to make a position when the price has obvious directional signals. Different from the Anticipation Strategy, the direction is confirm by combination of shape, trend line, channel and other indicat...

How Brexit impact on GBP and Euro? Some football players will lose their jobs after Brexit?

British Prime Minister Boris Johnson talked tough on Sunday ahead of a crucial round of post-Brexit trade talks with the European Union, saying Britain could walk away from the talks within weeks and insisting that a no-deal exit would be a "good outco...

As Fed's zero interest rate will be maintained until 2023, there are the three possible effects on the economy

Forex War QE enables more efficient circulation of global capital, and foreign exchange will become an important medium. Investors use the foreign exchange market to buy stocks, bond markets, futures markets, and even real estate markets i...

The Future of the U.S. Dollar After the 2020 Election

On Thursday, the U.S. dollar continued to rise after hitting a high in more than eight weeks. There are still 40 days to go before the U.S. election. The importance of the U.S. election trend on the dollar index is gradually increasing. ...

The election battle has already started. Who will benefit the gold price?

If Trump loses power, gold prices may rise before the election Under the epidemic, the Federal Reserve introduced an unlimited amount of easing policy, coupled with Congress’s rescue plan, which triggered a bubble in the financial market. ...

Global Rate Slashing. What Is a Rate Cut?

Reduction of Interest Banks use interest rate adjustments to change the financial method of cash flow. When the bank cuts interest rates, the income from depositing funds in the bank decreases. Therefore, the interest rate cut will cause f...

Reduce Output And Price, Now Is The End Of OPEC?

Since the outbreak of COVID-19 in 2020, the global economy has entered a recession, with gold soaring, stock markets tumbling, and oil prices plummeting. Saudi Arabia cut pricing for oil sales to Asia and the U.S. for October shipments...

How to Invest With Dollar Devaluation

President Trump tested positive for Covid-19 as the election approaches. Investors must brace for a turbulent October in the market. The U.S. dollar devaluated recently, and the market is still in a bit of a risk-on mood right now. ...

How to use Bollinger Bands in trading?

What is Bollinger Bands? Bollinger Bands are the technical indicator which consist of three lines: Upper rail, middle rail and lower rail. middle rail is the price moving average, Upper rail is the repressive line, lower ...

How Moving Average works in trading

What is MA? moving average is a line displays the price trend over a certain period of time. Depending on the time period， MA can be divided into short-term medium-term and long-term. ...

How to use MACD in trading ?

What is MACD? Moving Average Convergence Divergence, is a medium- and long-term trend index， widely used by investors. MACD is a combination of two lines: the slower moving average DEA and the f...

How to use KDJ in trading?

What is KDJ? KDJ consists of 3 lines: faster moving line-K value, slower moving line-D value and confirm line- J value. These three lines move between value 0-100, providing the signals of Buy and Sell in sh...

Triangle Chart Patterns（1）

Symmetrical Triangle The price fluctuates up and down and the rising high is lower than the previous one, and the falling low is higher than the previous one. Price movements become narrower and narrower，that shaped a symmetrical triangle....

Triangle Chart Pattern (2)

Ascending Triangle The price rising lows are higher than recent one, and falling highs reach similar price levels, that shaped a Ascending Triangle. When the price moves at the end of the this pattern, it will breakout and rise up with hig...

Triangle Chart Patterns（3）

Descending Triangle A Descending Triangle is formed by lower swing highs, and swing lows that reach similar price levels. When the price moves at the end of the this pattern, it will breakout and fall down with high probability. ...

The Head and Shoulder Bottom Pattern

The Head and Shoulder Bottom Pattern occurs during a downtrend and marks its end. This chart pattern shows three lows, with two retracements in between. How to Trade This Patt...

Double Top Pattern

A Double Top Pattern occurs in uptrend when the price reaches a high point, retraces, rallies back to a similar high point, and then declines again. The low point of the retracement between the two peaks is marked with neckline. This l...

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K line detailed introduction

The K line is drawn by the four price levels formed by the product price in a certain period of time: opening price, closing price, highest price, and lowest price. ...

Detailed explanation of classic Rising K line pattern

Classic rising K line pattern will appear repeatedly. If you master the meaning of these combinations, your trading will be greatly improved. When a rising K line combination appears, it tells you that the price will rise soon, stop ...