Boris Schlossberg
BK Asset Management
Discover the exciting world of prop trading with our ultimate guide. Learn why it's taken the retail trading world by storm, how to get started easily, and the benefits of limited risk.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD extends upside above 1.0900 as weaker NFP data drags US Dollar lower
The EUR/USD pair extends the rally near 1.0915 during the early Asian session on Monday. The uptick of the major pair is bolstered by the softer Greenback after disappointing US employment data.
GBP/USD clings to daily gains near 1.2800 after weak US jobs data
GBP/USD clings to daily gains at around 1.2800 in the second half of the day on Friday. Nonfarm Payrolls in the US rose by 114,000 in July. This reading missed the market expectation of 175,000 by a wide margin and triggered a USD selloff.
USD/JPY keeps falling amid intense risk aversion
USD/JPY extends the slide to 143.00 in the early European morning on Monday, following Friday's slump. Mounting US recession fears and escalating Middle East conflict dent risk appetite, adding extra legs to the safe-haven Japanese Yen's upsurge. US ISM Services PMI eyed.
Editors’ Picks
USD/JPY keeps falling amid intense risk aversion
USD/JPY extends the slide to 143.00 in the early European morning on Monday, following Friday's slump. Mounting US recession fears and escalating Middle East conflict dent risk appetite, adding extra legs to the safe-haven Japanese Yen's upsurge. US ISM Services PMI eyed.
AUD/USD drops back below 0.6500 on global doom
AUD/USD has fallen back below 0.6500 early Monday, having briefly regained the latter following upbeat China's Caixin Services PMI. Rife Middle East geopolitical tensions and US economic woes continue to dent investors' sentiment ahead of ISM PMI data.
Gold price rebounds, snapping two-day losing streak amid mounting geopolitical tensions
Gold price gains traction on Monday on the softer Greenback. Markets are still digesting the FOMC’s dovish hold and softer US employment report. Meanwhile, the US Treasury bond yields and the US Dollar are likely to remain under pressure, which acts as a tailwind for the yellow metal.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin sets for decline following close below $52,000 mark
Bitcoin and Ethereum retested their major support levels on Monday; a break below these levels could signal a bearish trend ahead, while Ripple closed below its key support level, indicating a likely bearish outlook in the coming days.
Week ahead: RBA and BoJ summary of opinions take center stage
RBA decides on policy as hike bets disappear. BoJ Summary of Opinions awaited for more hike hints. After Fed, Dollar turns to ISM non-manufacturing PMI. New Zealand and Canada jobs data also on tap.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
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The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.