The bulls had the upper hand last week and managed to push higher the NZDUSD quotation, gaining almost 100 pips. The indicators for the New Zeeland economy really helped this time and posted a better than expected trade balance surplus (306 million NZD). The ANZ Business Confidence continued the pleasant surprises with an improvement from 64.1 to 70.8 levels. Also, at the beginning of the week the data from the US were still weak, giving NZDUSD a solid advance. Economic Calendar ADP Non-Farm … [Read more...]
6 Essential Scalping Tips For Beginners
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In this article you will find 6 essential hints scalpers use in order to end up with profitable trading sessions. As it is the second episode of our trading strategy guide, we invite you to read the first article on forex scalping. In the previous article we defined forex scalping as being a small steps strategy, in which short opened transactions are meant to bring profit. However, it is important to know that a good scalper will not manage to be profitable only by using his/her intuition … [Read more...]
