As a serious trader, one of the key areas you must work on is to develop an awareness of the way the market affects your mind, and subsequently the decisions you make whilst in a trading situation. What are trading biases? People have inbuilt set of...
Trading Share CFDs gives you exposure to the movement of underlying shares. There are a few issues that are specific to Share CFDs and differ from for example trading Forex or commodity CFDS. One of these issues is that of company dividends...
Invariably, the motivation to look at adding another technical indicator is a belief that your trading results, and the system that creates these, could be improved. As traders, we are bombarded with information relating to the use of technical indi...
Among the few interest rate decisions this week, the Reserve Bank of United Kingdom stands out. The Federal election 2019 is fast approaching and analysts are debating whether a rate cut before the election is justified or not. The Rate Cut Debate Th...
The Buraeu of Labor Statistics have released the latest jobs report for April. Let’s take a look at the latest numbers. The total non-farm payroll employment increased by 263,000 the U.S. Bureau of Labor Statistics reported today, beating the fo...
Venezuela At number one, we have a country which has been in turmoil in the last few months – Venezuela. Economic and social crisis have hit the South American nation and things are not looking to get better any time soon. However, it does top t...
It’s a new month which means the latest Non-Farm Payroll figures will be released this week by the Bureau of Labor Statistics. The latest US jobs data will be released at 13:30 PM London time on Friday. Why is the announcement important? Non-fa...
Brexit has been dominating the news flow in the United Kingdom for a long time, but on Thursday all eyes will be on the latest Bank of England rate decision. The decision is set to be announced at 12 PM London time. About Interest Rates Interest...
Today, the Bank of Canada announced its decision to leave interest rates unchanged at 1.75% and with other major central bank policy meetings due to take place in the coming weeks, there is no better time to look at the current interest rates of so...
One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The decision is scheduled to be announced on Wednesday 24th April at 15:00 PM London time. Why Is The Announcement Important? A bank interest rate is...
MELBOURNE, United Kingdom – 18 April 2019. Mega Fx Market is pleased to announce its expansion into the Middle East and Northern Africa (MENA) region, operating as Mega Fx Market MENA DMCC in Dubai, UAE. Located within the economic ‘free zone’ of the Duba...
Mega Fx Market recently announced the addition of ASX (Australia Securities Exchange) Share CFDs to the product offering, increasing the number of instruments available to its clients to over 250, which also includes Forex, Commodities, Indices. The la...
We have seen the price of crude oil (USOUSD) rise by about 43% since the beginning of the year, from around $44 per barrel to $63 per barrel at the time of writing this. It reached the highest level since November 2018 last week, on the 9th April t...
Look, we get it… the thought of making money from the financial markets is appealing to the newcomer (and even experienced trader). Appealing enough to invest some time (often a great deal) and some money (often a great deal). At this stage, it ...
“The least initial deviation from the truth is multiplied later a thousandfold.” - Aristotle We came across the above quote from the famous Greek philosopher and couldn’t help thinking how relevant this is to trading, so thought it was wo...