Forex Trading

Is Scalping a Viable Forex Trading Strategy?

It is always helpful to trade with the trend, at least if you are a beginner scalper. To discover the trend, set up a weekly and a daily time chart and insert trend lines, Fibonacci levels, and moving averages. These are your “lines in the sand,” so to speak, and will represent support and resistance areas. Scalpers like to try and scalp between five and 10 pips from each trade they make and to repeat this process over and over throughout the day. Pip is short for “percentage in point” and is the smallest exchange price movement a currency pair can […]

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Amazon com AMZN Stock Price, News & Analysis

The e-commerce pioneer will officially take its position among the 30-company Dow before the open of trading Monday, replacing drugstore operator Walgreens Boots Alliance. You’ll also want to think about your goals for investing to figure out what kind of account you want. AMZN’s full-year Zacks Consensus Estimates are calling for earnings of $2.69 per share and revenue of $570.95 billion. These results would represent year-over-year changes of +278.87% and +11.08%, respectively. Existing shareholders receive an amount of shares at the new price equivalent to the monetary value of shares they held at the previous price. Our research reveals that […]

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