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What is the Best Time To Trade Nasdaq in South Africa for Best Results? Replied 1 month ago - Nasdaq can be traded anytime but for faster price movement i usually trade it from 16:00 hours UTC which is an equivalent of 6 pm in South African time zone.
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what is noise in trading? Replied 1 month ago - Noise on your chart refers to those candles that do not hold enough information to matter. For example if you are trading on a one-minute time frame how much useful information can a one-minute candle give you? When you trade on a noisy chart, the tendency for losses is higher because you will see what looks like a buy candlestick pattern only for price to start falling after you enter the trade. But noise exists on all timeframes, just that it is more prevalent on smaller timeframes.
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are forex signals on telegram really profitable? Replied 1 month ago - Signals are not bad but how can you be sure the person giving you the signal knows what he is doing? Many of these signal providers have partnership deals with brokers where they earn commissions when they refer you to trade with these brokers. This conflict of interest can make the signal provider send you a high risk signal because they want you to trade a bigger lot size so they get a bigger commission. I dont do signals but if i must subscribe to signals I will ensure the person giving me the signals is not benefitting indirectly from my trades. There should be no conflict of interest. Ask yourself this: did your signal provider ask you to register with a particular broker? if your answer is yes then run.
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which broker trades on weekends? Replied 1 month ago - Note: I have only traded with Exness broker.
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What is The Difference Between PCE & CPI ? Replied 1 month ago - I reckon the PCE considers both direct & indirect expenditure of US residents. So it's not just what the US resident spends at the mall that is taken into consideration but also bonuses, healthcare benefits etc. that accrue to that person. Whereas CPI narrows it down and focuses strictly on what the US resident spends directly from his pocket. So, when the Federal Reserve is looking for an inflation guage, they go for the PCE because of its broader approach to calculating inflation.
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In trading, timing is more important than direction Replied 1 month ago - Wow, I love this analogy
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what is retracement in forex? Replied 1 month ago - Retracements are always the nemesis of beginner traders, they close their trades at the sight of any opposite candle. Traders need to figure out a way of spotting retracements so as not to get spooked out of the market by them. This means having an objective exit plan. Although there are lots of indicators and tools out there that help you spot retracements (such as Fibonacci tool) most of them are unreliable. For me what I do is I always exit trades on a 15 minute time frame to give room for error. So if price starts falling, it must fall on a 15-minute time frame before I see it as a threat.
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what factors affect natural gas prices in the uk Replied 1 month ago - Wind farms are built in/on the ocean and they generate electricity and transmit/distribute it to homes to power their heaters. These wind farms depend on strong winds so when the wind speed in the ocean slows, the electricity output declines causing residents to resort to using Nattural Gas to heat their homes thus this increased demand for gas drives up the price.
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whats your experience using ctrader platform Replied 1 month ago - cTrader desktop may be heavy to install but the cTrader web is very fast to load, it even loads faster than TradingView web version. So there you have it, problem solved!
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What is the best time to trade NAS100 in Kenya? Replied 1 month ago - Most stock exchanges in New York (including the Nasdaq exchange) ring the opening bell by 9:30 am which is equivalent to 5:30 pm in kenya. When the Nasdaq stock exchange is open, you get lower spread and more direction in the market, so from 5:30 pm is the best time to trade NAS100 in Kenya for best results.
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How can i turn $100 into $1,000 in forex? Replied 1 month ago - You will sure need a high leverage broker followed by very good risk management skills.
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if a New Zealand milk exporter increases its payout to dairy farmers will NZD/USD appreciate? Replied 1 month ago - How this can affect NZD/USD 📈 Possible NZD-supportive effects (medium term) Stronger export competitiveness If Fonterra’s sustainability measures result in higher-quality, premium-export dairy, that supports export revenue → can support NZD. Improved investor perception of NZ sustainability NZ already has a strong ESG profile; further improvements can attract foreign investment → mildly NZD-positive. 📉 Possible NZD-negative effects (short term) Higher cost structure for Fonterra If costs rise before revenue benefits kick in, Fonterra’s margins may tighten → slight negative pressure on NZD sentiment. Reduced supply if some farmers cannot meet standards If production temporarily slows due to compliance costs, export volumes may dip → potentially NZD-negative.
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who determines the price of oil globally? Replied 1 month ago - 3. OPEC+ (OPEC + other large producers like Russia) This wider alliance coordinates production with OPEC to stabilize markets. Their joint decisions affect global supply expectations and thus prices. 🇺🇸 4. The United States (major producer & consumer) The United States is the world’s largest oil producer. U.S. factors that influence prices: Shale production levels Strategic Petroleum Reserve releases Regulations and energy policy Inventory data (e.g., weekly EIA reports) Again, the U.S. doesn’t set prices but affects supply/demand. 🏦 5. Large global demand centers Regions like China and India strongly influence prices because they are huge consumers. If their economies slow → demand weakens → prices may fall. If their economies accelerate → demand rises → prices may climb. 📈 6. Financial market sentiment Oil prices react heavily to: Geopolitical tensions Wars or supply disruptions Global recessions or booms Inflation and interest rate expectations These influence trader behavior on exchange markets.
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when gold prices fall does it affect audusd sentiment? Replied 1 month ago - Yes — gold price movements often influence sentiment in the AUD/USD pair, and a fall in gold prices can weigh on the Australian dollar. Why the Australian dollar reacts to gold? Australia is one of the world’s largest gold exporters. Because of this: The Australian economy benefits when gold prices are high. Investors often treat the AUD as a “commodity currency” that correlates with gold. So when gold prices fall, traders may assume weaker export revenues and softer economic performance for Australia—this can hurt AUD sentiment.
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how does UK retail sales report affect gbp/usd pair? Replied 1 month ago - The UK retail sales report can have a noticeable impact on the GBP/USD currency pair because it gives traders insight into the strength of the UK consumer sector—one of the biggest drivers of economic growth in United Kingdom. If UK retail sales are higher than expected This signals stronger consumer spending and potentially stronger economic growth. As a result: Markets may expect the Bank of England to be more likely to raise rates or keep them elevated. GBP tends to strengthen, making GBP/USD move upward (GBP appreciates against USD). 📉 If UK retail sales are lower than expected This suggests weaker consumer demand and a slowing economy. Effects: Traders may expect less policy tightening (or even future rate cuts). GBP tends to weaken, causing GBP/USD to fall (GBP depreciates against USD).
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Best time to trade XAUUSD in Nigeria Replied 1 month ago - You can trade gold during the London session ( 9 am to 4pm) or during the New York session ( 3 pm to10 pm) in Nigeria both times work well and you get low fees. The Asian session is good too but you face higher fees
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how do higher gas prices affect USD/CAD Replied 1 month ago - Higher natural gas prices can influence USD/CAD, mainly through Canada’s role as a major energy exporter. How higher natural gas prices affect USD/CAD ✅ 1. Higher gas prices usually strengthen the Canadian dollar (CAD) Canada exports large amounts of natural gas. When global gas prices rise: Canada earns more from its energy exports. Foreign buyers need more CAD to purchase Canadian gas. Demand for CAD increases. Result: ➡️ CAD tends to appreciate ➡️ USD/CAD tends to fall (because CAD gets stronger relative to USD) ✅ 2. Higher gas prices can improve Canada’s trade balance If Canada sells gas at higher prices, it brings in more revenue. Better trade balance → stronger CAD This pushes USD/CAD downward
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does foreign direct investment affect exchange rate? Replied 1 month ago - Yes — foreign direct investment (FDI) can affect a country’s exchange rate, although the impact depends on several factors. Here’s the idea in a clear, teen-friendly way: ✅ How FDI affects the exchange rate 1. FDI increases demand for the domestic currency When foreign companies invest in a country, they usually need to exchange their own currency for the local currency to: buy factories or land pay workers purchase equipment This increases demand for the local currency, which can cause it to appreciate (increase in value). 2. FDI can also strengthen confidence in the economy More investment often signals that a country is stable and growing. Investors may buy more assets there, pushing the currency upward. 3. But FDI isn’t always large enough to move the exchange rate Trade flows (exports/imports), interest rates, and government policy often have bigger impacts on exchange rates than FDI does.
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does unemployment rate affect the exchange rate of a currency? Replied 1 month ago - Yes — the unemployment rate absolutely affects a country’s exchange rate, and traders use it in fundamental analysis every month, especially during NFP (Nonfarm Payrolls) in the U.S. 1. How Unemployment Rate Affects a Currency 📈 Lower Unemployment → Stronger Currency When more people have jobs: Consumers spend more Businesses grow The economy expands The central bank may raise interest rates ➡️ Higher interest rates strengthen the currency. 📉 Higher Unemployment → Weaker Currency When many people are out of work: Spending slows Business profits drop The economy weakens The central bank may cut interest rates ➡️ Lower interest rates weaken the currency. So yes — unemployment strongly influences exchange rates.
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disinflation vs deflation: which is better for a currency? Replied 1 month ago - ✅ Disinflation is better for a currency. It shows: Controlled cooling Economic stability Healthy central bank policy
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