01Create a Trading PlanBefore a single real dollar is put at risk, a trader needs to have some idea of how they will make a profit. The steps that will be taken to att
2021-06-18 15:54:34
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Key TakeawaysAs a general rule of thumb, many traders don't risk more than 1% or 2% of their capital on any given trade.Traders must have the discipline to exit trade
2021-06-17 17:09:46
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KEY TAKEAWAYS The ISM services survey is part of the ISM Report On Business—Manufacturing (PMI) and Services (PMI).The ISM surveys non-manufacturing (or services) fir
2021-06-15 10:56:24
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KEY TAKEAWAYSNon-farm payrolls (NFP) are an important economic indicator related to employment in the U.S.Understanding this data release can help set up forex trades
2021-06-15 10:35:20
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KEY TAKEAWAYSThe Purchasing Managers Index (PMI) is a measure of the prevailing direction of economic trends in manufacturing.The PMI is based on a monthly survey of s
2021-06-11 17:37:14
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KEY TAKEAWAYSThe PPI measures inflation from the perspective of costs to industry or producers of products.Because it measures price changes before they reach consumer
2021-06-11 16:15:55
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KEY TAKEAWAYSThe Consumer Price Index measures the average change in prices over time that consumers pay for a basket of goods and services.CPI is the most widely used
2021-06-11 15:45:02
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KEY TAKEAWAYS Gross domestic product tracks the health of a country's economy.It represents the value of all goods and services produced over a specific time period w
2021-06-10 16:33:14
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