Transaction Documentary
How can foreign exchange trading stop chasing up and selling down?
Chasing up and selling down is the investment habit of ordinary foreign exchange investors. When you see a price rise, you can't help but follow the trend and buy; and after it falls, you think you have made a mistake in judgment and lost money. In a unilateral market, chasing up and selling down can be profitable, but...
The US economy has survived the government shutdown, but it is not optimistic. How long can the Federal Reserve catch the "life straw"?
The US faces a tough job market and persistent inflation. The National Gallery of Art in Washington put up signs to welcome visitors after the federal government reopened. The US economy has not improved during the longest government shutdown in history, but it may not have gotten any worse. This...
The different effects of various geopolitical conflicts on currency exchange rates
1. Short-term regional conflicts that are not directly related to the political, economic and strategic interests of the United States or that are conducive to its strategic intentions are conducive to the strengthening of the safe-haven currency function of the US dollar. For example, the recent military conflict between Lebanon and Israel has come to an end. Although there are US interests in the Middle East,...
The concept and trading advantages of foreign exchange options
Foreign exchange options are a type of option trading. Compared with other options, foreign exchange options are traded in foreign exchange. So what does foreign exchange options mean? Today, let's introduce you to the introduction of foreign exchange options: the concept of foreign exchange options and foreign exchange options trading...
On July 31, the US market updated support resistance: 18 varieties of support resistance (gold, silver, platinum, palladium, crude oil, natural gas, copper and ten currency pairs)
On July 31, the US market updated gold, silver, platinum, palladium, crude oil, natural gas, copper (commodities) and: USD index, EUR, GBP, JPY, CHF, AUD, CAD, NZD (popular currency pairs) support and resistance levels at a glance....
The resignation of the Japanese prime minister has triggered political instability, with the dollar trading at the 148 level against the yen
Japanese Prime Minister Shigeru Ishiba announced his resignation and called for the ruling party to urgently hold a party leadership election. Political instability could slow down the Bank of Japan's policy normalization in the short term, causing the yen to open under pressure this week. Data released by the Cabinet Office showed that the second...
How to make money from foreign exchange investment
The foreign exchange market is different from the stock market. Stock investment will make money for every shareholder as the company grows and issues shares in surplus, but the foreign exchange market is a standard zero-sum game. This is like a ring game, everyone has to pay the registration fee as a bounty, and the top few...
Gold prices rose above $5,000, with a weaker dollar, safe-haven demand, and U.S. economic data in focus
On Monday (February 9), the international gold price rebounded strongly, regaining its footing and breaking through the key psychological barrier of $5,000. This round of gains was mainly due to the weakness of the US dollar, continued safe-haven buying, and market expectations for the US economic data.
This article tells you whether you are suitable for trading or not.
1 It is not suitable for people who have no guarantee of life, unstable work or no job, and it is not suitable to take trading as the only way out. Because these people have a bad mentality, they take trading too seriously, and they can't stand a little bit of trouble, and often such friends continue to...
How to choose a good foreign exchange platform?
Under the influence of the current new form, financial products such as postal currency cards, external disk micro-transactions, and the broader market are in jeopardy, and the foreign exchange market is like a shining star in the financial industry. The platforms on the foreign exchange market today are also springing up like bamboo shoots after the rain! This...
What is a Forex PAMM account? Features of a Forex PAMM account
Interested in the foreign exchange market, but don't have the time or don't know how to trade? Then a Forex PAMM account may be a good choice. If you pay attention to the official websites of those large foreign exchange brokers, you will find that they offer a wide range of products and services...
Foreign currency transaction RMB entry function settings
The foreign currency exchange business or transactions involving foreign currency exchange that occur by an enterprise shall be converted according to the actual exchange rate used in the transaction (that is, the bank's buying price or selling price). "Example" Company A's bookkeeping standard currency is RMB, and its foreign currency transactions are based on the trading day...
Identifying true and false patterns
1. All rising relay patterns must be satisfied: ① 30-day line up, that is, in the middle school stage of the rising stage; if 30-day line down, it is a cheat line. ② The regularity of trading volume shrinks sharply; ③ In the middle school stage of the rising, it is a cheat line. False form....
A few issues to consider during the day
1. Select the market. Evaluate whether the current level of volatility in the market is sufficient (taking into account the handling fee). If you enter the market rashly due to insufficient volatility, even if you are lucky and do not lose money, you will end up with a free handling fee at most; 2. According to your...
Forex technical aspects: how does the relative strength index work?
The Relative Strength Index (RSI) - indicates the relative strength of buyers and sellers in a market, and is mainly used to detect overbought and oversold phenomena. Its value is between 0 and 100, and when the RSI is 70-100, it is overbought and can be airdropped; at 0 -...

