was incorporated on 08/05/2018 by veterans www.forextuitions.com or CLICK HERE

Covid-19 – Worldwide Financial Dashboard

Posted on Sat, Aug 1 , 2020

Going back to basics, technical analysis is not concerned with why the markets rise or fall. On the contrary — it is more interested on the effect of the causes. After all, price is the boss!
Let's take a look at the price charts and see the effects of it.
This pandemic resulted that markets have crushed, airlines faced difficult times, oil has plunged badly, gold has lost more than 200 US Dollars with a severe impact upon financial markets, including stock, bond and commodity markets . Rising markets offer buy (long) opportunities where falling markets offer sell (short) opportunities. The most important thing for a trader to do is to follow the advisory steps. Protective stop loss is indispensable.
As the coronavirus spreads across the world, soaring above 10, 000 daily new cases, panic also surges amongst all segments of society. Needless to say, in some cases supermarket shelves are empty. As long as the US dollar is the world’s leading currency, the state of the US economy worries investors and traders, naturally.
We may say that employment is the basis of any economy. If the unemployment rate is high, social tension rises, the share of the middle class shrinks, and so does it impacts the real income of the population. The interests of the employer and the ultimate consumer, who gets a product of mediocre quality, also suffer. The optimal unemployment rate should be within 3-7% of a country’s working population. Of course, the optimal level differ a lot in this turmoil and are hardly comparable. Anyway, significant fluctuation from the average level may provoke a market movement, which traders will try to use for making a profit. A trader always has a choice, and if the market looks unclear and lack the quality signals, its better for them to stay away from it and open trade by the trend to earn more money when the market push the price forward.
As a rule, trading in financial markets is based on tech analysis, expert advisors, and various indicators. Of course, time will tell whether the sellers will maintain the control of the market and manage to drive the future performance. Close, wait, and see how the market reacts upon the news. You might already have some profit and have no desire to risk it, thus you conservatively decide to get what you have and watch the situation with no open positions at hand.
You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent financial advice and move in the right direction.
First First First First First First
John John 164.10 John 164.10 Active
John John John John John Active
John John John John John Active
about-ing

Get in touch

+91 1800-3002-8244