Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.
The United States dollar/Swiss franc currency pair denotes the exchange rate between the U.S. dollar and the Swiss franc and expresses it as the number of Swiss francs needed to buy one U.S. dollar. For example, if the USD/CHF exchange rate is 0.95000, it means you need 0.95 Swiss francs to buy one U.S. […]
Arbitrage has been in practice since ancient times. Arbitrage is a speculative strategy, where someone attempts to profit from price differences of the same instrument either in the same market or in different markets. It involves buying and selling an asset at two different prices in order to profit from the difference. Finding […]
Understanding Inflation Hedge The forex market is never the same, what happens today does not mean that the same thing will happen tomorrow. The market might increase from positive economic data today but next week it could crash after those same numbers are published. How many times have we seen this over the years? The […]
The United States dollar/Japanese yen currency pair denotes the exchange rate between the U.S. dollar and the Japanese yen and expresses it as the number of Japanese yen needed to buy one U.S. dollar. For example, if the USD/JPY exchange rate is 115.00, it means you need 115 yen to buy one U.S. dollar. In this pair, […]
A few weeks ago, we wrote an article with strategies on how to trade the Central Bank’s actions. As we said there, the Central Banks have all the tools to devalue or appreciate their respective currency and they use them whenever they think the economy needs a leg up. We explained how to trade the ‘knee-jerk […]
The Nikkei 225 is a price-weighted stock index or stock average of the top 225 blue chip stocks listed on the Tokyo Stock Exchange. The Nikkei can be compared to the Dow Jones Industrial Average Index of the United States. History of the Nikkei 225 The Nikkei derives its name from the Nihon Keizai […]
The MetaTrader4 and MetaTrader5 have great features such as the default templates, automated trading, the multiple account option and many more. We have gone over these in our previous articles about the main MT4 features and these are the reasons that most traders use the MT4 and almost all brokers offer it to their clients for free. […]
The Central Bank (CB) of any country is the most important market participant for that country´s currency. The Central Bank officials, with their president/chairman at the top, hold the monopoly for the monetary policy of each country or economic zone. A perfect example of this being the Eurozone. They are the decisive factor for all […]
As traders, we have many things to take into consideration. We have to implement many different factors and indicators in our analysis in order to succeed in this business, regardless of if you trade short or long term. These can include fundamental indicators, technical indicators, or both. On the other hand, we shouldn´t overcrowd the […]
