The coin choreography: How trading sessions shape the forex market While the allure of 24/7 access makes forex an enticing venture, experienced traders know that the forex market is not a static ocean. It ebbs and flows with the currents of different trading sessions, each with its own pace, volatility and dominant players. Understanding these nuances can be the difference between riding a wave for profit or getting caught in one. The Big Three: A Waltz of Volatility Dawn Overture: Tokyo’s measured waltz: As Tokyo wakes up, JPY and AUD take center stage. This act unfolds at a measured pace,…
Author: MoneyFit 365
Shopping (Top Stories) The Fed’s preferred gauge of inflation, Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, January 26 at 13:30 GMT and as we approach release time, here are the forecasts economists and researchers of eight major banks. Headline PCE is expected to be flat at 2.6% y-o-y, while core is expected to decline twice to 3.0%. On a monthly basis, both are expected to be at 0.2%. Source: fxstreet.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Previous Session was Cycle Day 3 (CD3): As previously mentioned DTS 25.01.24 “We will…
Shopping (Top Stories) The Fed’s preferred gauge of inflation, Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, January 26 at 13:30 GMT and as we approach release time, here are the forecasts economists and researchers of eight major banks. Headline PCE is expected to be flat at 2.6% y-o-y, while core is expected to decline twice to 3.0%. On a monthly basis, both are expected to be at 0.2%. Source: fxstreet.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Previous Session was Cycle Day 3 (CD3): As previously mentioned DTS 25.01.24 “We will…
Every once in a while, I’ll check in to show items circulating in Wall Street circles and blogs.Long-term trends in markets and the economy.More details on what seems undervalued or overhyped.Link to some great concept explainers.**All from 01/08/2023Share Trader DadsA funky thing started in November 2023. Money market traders and other funding agencies realized that there is arbitrage in the various programs of the Federal Reserve.Using the new Bank Finance Facility Program (BTFP), banking institutions can take any government bond they own, pledge it at face value (no haircut) and the Fed will give them a STUDENT LOAN for up…
Developing daily habits that cultivate intelligence is critical to unlocking our brain’s full potential. Because of the plasticity of the brain, we can enhance our cognitive abilities well into old age by engaging in continuous learning and intellectual stimulation. By following just a few practical habits every day, anyone can become steadily smarter over time and reap the benefits of improved memory, increased creativity, and better overall brain performance.This article explores eight simple yet highly effective daily habits for boosting mental abilities. Adopting just a few of these habits can rapidly accelerate spiritual growth through compounding gains. Applying all eight…
Having as much historical data as possible in MT5 will be extremely important for daily market analysis and backtesting. If you don’t have all the historical data available for a market, you can miss important support and resistance levels and you won’t be able to see different buying cycles over time. This can upset the results of live trading and backtesting. So, in this tutorial, I will show you how to download all available historical data for any market in MetaTrader 5. You will also learn how to upload custom data to MT5 so you can backtest data from different…
January 28th is celebrated as Privacy Day. This international day empowers individuals and businesses to respect privacy and build trust. In recent years, businesses and individuals have expanded the special day into an entire week of many events. On 26 April 2006, the Council of Europe established Personal Data Protection Day. After that, every year, it is celebrated on January 28 to commemorate Convention 108 – the 1st legally binding international treaty on data protection, which was signed in 1981. Since the inception of Privacy Day in 2007, global privacy laws have changed tremendously. Comprehensive laws like CCPA, GDPR and…
Welcome to 2024! I expect this to be a transformative year in martech. The Martech for 2024 The report we published last month ( video presentation ) covered many of the major trends underway, such as aggregation and stackability — especially at the data layer with cloud data warehouses, lakehouses and lakes. The common theme of these trends is the breaking down of boundaries between different martech applications and platforms. The days of the silo are numbered. (I can take a hallelujah?) It is a profound change. But there is an even more profound change. Increasing complexity as a constant…
Reading time: 5 minutesWordPress eCommerce sites are a great platform to consider if you are starting to build an eCommerce website. With its huge range of themes, plugins and customizable features, WordPress offers everything you need to create a professional and fully functional online store. This guide will walk you through the basic steps of creating WordPress eCommerce websites.Step 1: Choose a domain name and hosting providerThe first step in creating an e-commerce website is choosing a domain name and hosting provider. Your domain name is the address people will use to find your website online. It should be memorable,…
In this post, we would like to share an interesting fact with you.As a digital marketing company that manages PPC campaigns for different clients, we have noticed that the cost per result in Meta usually changes at the beginning of each new month.For example,One of our clients had an average cost per result of $96 one month and $30 the next month without changing anything in their campaign.Sounds unusual, right? It is lower cost per result by more than X3. Why does the cost per result in Meta keep changing? The Meta AI algorithm is very complex and takes into…