Recent content by zebrafx

Overbought and oversold are terms often used by traders, but what do they actually mean? In today’s article we’ll discuss them in more detail. An important aspect of trading is to recognize extremes. This is what we mean by overbought and oversold conditions in the market. Take a look at the...

In today’s piece we’ll discuss what causes the price of a currency pair to move up and down. As you’ll shortly discover, price movements in the FX market are not random. So what moves forex market? The short answer is supply and demand. Of course, this is a very general answer as supply and...

Gerald Loeb was born in 1899. Loeb began his career in 1921 in the age of 21 in the bond department of a securities firm in San Francisco. In 1924 he moved to New York after joining E. F. Hutton & Co. He became a vice-chairman of the board, when the company incorporated in 1962. Gerald Loeb...

“The whole secret to winning and losing in the stock market is to lose the least amount possible when you’re not right.” – William O’Neil William O’Neil was born on March 25th, 1933 in Oklahoma City. He studied business at the Southern Methodist University. After receiving his Bachelor’s...

You’ve probably wondered how a Forex market trade looks like from the inside, what data is being transmitted and where, who controls the elements of the information transfer chain, who owns and maintains technological solutions? In fact, many Forex brokers do not disclose this scheme, and...

Jesse Lauriston Livermore was born in Shrewsbury, Massachusetts on July 26, 1877. He started his trading career at the age of fourteen by posting stock quotes at the Paine Webber brokerage in Boston. By the age of fifteen, he had earned profits of over $1,000 ($23,000 in today’s dollars) by...

There are two factors that will always influence the value of the money you earn: first factor is inflation and the second one is devaluation of the currency that you receive as an income and/or use for storing your funds. This article will explain value, but also how to get profit from...

If you are trading any currency pair that is combined with the dollar, such as EUR/USD, USD/JPY, or GBP/USD, it’s important to know which economic announcements influence this currency. Not knowing when an announcement is coming out or its implications can catch many traders by surprise. Below...

Setting a stop-loss (SL) is a crucial aspect of trading. Especially in the forex market, where wild swings in prices are an every day occurence, traders not using stop-losses potentially place their entire accounts at risk. Furthermore, the aspect of trading in which stop-losses fall under...

VISA AND MASTERCARD OR NATIONAL PAYMENT SYSTEM: PRINCIPLES BEFORE PROFITS? Is it true that a plastic card in your wallet is safer than cash in your pocket? It has really been so until recently, but the latest events in Ukraine have called this idea into question. The complicated situation...

“I believe that great success is possible in any field – from music to mathematics to macro trading.” – Paul Tudor Jones Paul Tudor Jones is a founder of Tudor Investment Corporation, a leading asset management firm headquartered in Greenwich, Connecticut. The Tudor Group is involved in...

“Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible.” – Ed Seykota In 1970, Seykota pioneered by building his own computerized trading system known as “System trading”. This computerized trading strategy was developed for the futures...

“I was successful in taking larger profits than losses in proportion to the amounts invested.” Nicolas Darvas • Nicolas Darvas was born in 1920 in Hungary. • He was trained as an economist at the University of Budapest. • Together with his half-sister Julia they became one of the most...

“Listen to what the market is saying about others, not what others are saying about the market.” – Richard Wyckoff. • Richard Demille Wyckoff was born November 2, 1873. • Wyckoff became a stock runner at the age 15 years. • At the age of 25, he opened his own brokerage firm. • He...

• Bernard Mannes Baruch was born in Camden, South Carolina on August 19, 1870. • After graduating from the City College of New York, he became a broker in A.A. Housman & Company. • He bought a seat on the New York Stock Exchange for $18,000 ($434,000 in today’s dollars). • In 1903, Baruch...