Deflation is usually an indicator of falling prices. Israel’s stems from government policy. Will it finally intervene with an interest rate hike until at least 2017.
Platinum is known as high octane gold. Copper is the third most popularly used metal in the world. Yes, there ARE other metals to trade besides gold & silver.
To be a successful trader, either on a full-time or part-time basis, it is important to understand how to read charts and have a good grasp of what economic, political and social factors move the instruments we are trading.
Day trading entails leveraging large amounts of capital. This way, you have the ability to maximise and take advantage of small price movements. As such, your trading strategies should be very specific.
Some of the main reports for you to look out for include the Cotton and Wool outlook, published by the USDA’s Economic Research Service. Also, pay close attention to weather reports, which can impact heavily on supply and as a result prices.
When trading gold and silver, you must be aware of what they are both used for the major producing and exporting nations, as well as the big consumers and importers.
Due to the fact that the oil is formed deep underground, extraction is a very costly process. Prices are nevertheless determined by supply and demand, as well as seasonal and political factors.
Pips are the smallest unit in Forex trading – they’re worth a hundredth of a cent. That’s why leverage is important; but it’s also why forex is relatively immovable.
Trading indiexes is almost as fascinating as trading the assets they cover. You need to stay ahead of the news, but also master their unique language.
Lots, leverage and margin – don’t go anywhere near the trading world before you fully udnerstand these three concepts.