Recent content by Xavier1

Copy trading can be a great way to leverage the expertise of experienced traders. It's important to evaluate brokers carefully—look at their fee structure, minimum requirements, and trader performance history. Platforms like eToro and Darwinex offer good insights, but always check for...

Today's focus is on US Core Retail Sales, Retail Sales, and Unemployment Claims. Stronger-than-expected data could boost USD, while weaker figures may pressure it. A significant deviation from forecasts, especially in jobless claims, could drive volatility. Traders should watch for market...

Fixed spreads offer more predictability for SL and TP, but floating spreads can be lower during liquid times. I prefer fixed for stability, but floating can be better in the right conditions.

Investors are closely watching the Fed's next policy decision on interest rates. After the Fed's recent cut to 5.0%, many analysts expected gradual normalization. While initial US jobs data fueled hopes of a 50 bp cut, those expectations have since diminished. Currently, the FedWatch tool shows...

While Musk’s influence on Dogecoin remains strong, the market is highly speculative. His support and potential system optimizations could drive adoption, but hitting $1 depends on broader market conditions, investor sentiment, and actual utility. With the Fear and Greed Index above 85...

Trump's apparent victory over Harris has strengthened the USD, causing EURUSD and GBPUSD to drop while USDJPY surged. Gold prices also fell. His aggressive tariff policies, including 10-20% on all imports and 60-100% on Chinese goods, have fueled market volatility and currency shifts.

Gold's strong performance is impressive, driven by geopolitical risks and expectations of interest rate cuts. With global banks predicting further price increases, it seems gold could continue its upward trajectory. However, as always, caution is needed, especially with potential profit-taking...

That's a great start! Small progress adds up over time. Keep building that momentum and stay disciplined – you’re on the right path!

To hedge against a weaker dollar, you can consider diversifying with assets inversely correlated to the dollar, like commodities, or holding treasuries. Alternatively, buying more US stocks when GBP is stronger might offer opportunities, though the long-term trend is uncertain.

Trump’s presidency could influence the dollar in several ways, depending on his economic policies. Historically, his administration’s tax cuts, deregulation, and trade policies have created volatility. A stronger economy could boost the dollar, but aggressive trade wars or policy uncertainty...

Hi Neil, this sounds like a fantastic initiative! Forex correlation is a powerful tool, and I’m looking forward to your insights on how the major currencies interact. I’m sure the indicator you’ve mentioned will be helpful too. I'll be sure to contribute any relevant references and ideas I come...

It seems like the USD is gaining momentum across the board due to the Fed's stance and geopolitical factors. With EUR/USD under pressure and GBP/USD sliding, the key drivers here are ECB's dovish outlook and safe-haven demand for the USD. The technical setup on EUR/USD suggests continued...