ZFX: Markets were in a narrow range amid US holiday with mixed noise
The NFP showed 1.371 million jobs were added in August, slightly less than the expectations around 1.4 million. But, the unemployment rate in August unexpectedly dropped to 8.4%, far lower than expected. As there is no fundamental change in the US economy, investors believe that such tumble was just a normal correction, and the three major indexes finally rebounded after the fluctuation. View more
ZFX: The markets mixed amid no dominated theme
The Wall Street overnight was bullish together with the bouncing dollar. S&P 500 and Nasdaq hit record highs again, and the DOW reached 29000 level, the highest since the late February. However, stocks in Asian trading session were just mixed on Thursday as investors react differently to the latest economic data. The US stocks even closed higher after the disappointing ADP figures, showing that the private payrolls only increased by 428000 in August, far below expectation of over 900000, triggering concerns over the US labor market. View more
Guide to Using Parabolic SAR in Forex Trading
Parabolic SAR is a technical indicator for finding out potential reversals in price movement in trading. This article will teach you how to use the SAR indicator in Forex trading with examples. View more
News mixed! Wall street was strong amid the rebound of dollar
On Tuesday earlier, weak dollar was the market theme in the financial market. However, after the economic data announcement in the US session, the dollar obviously regained its loss. A better than expected ISM manufacturing figures restored the confidence over the dollar, and further improved the market sentiment. The three major Wall Street indexes rose, of which the Nasdaq jumped nearly 1.4%. View more
Forex Algorithmic Trading: How to use EA on MT4
Many Forex traders are interested in setting up algorithmic trading using Expert Advisor (EA), the most popular automated trading system on MT4. In this article, we will introduce the principle of EA, how to use EA on MT4 and the pros and cons of trading with EA. View more
ZFX: Dovish Fed signals propped up riskier assets
In Asian trading session, the dollar index was once as low as 92.15. After the Fed announced the latest monetary policy framework, investors expected that the Fed will maintain the low interest rates policy for a long period of time, hurting the outlook of the dollar. Following the momentum of last Friday, the US indexes futures remained strong. View more
A Beginner’s Guide to Day Trading: 3 Ways to Spot Trading Signals
Day Trading is a common trading method used by many short term traders. In this article, ZFX will explain the common strategies and techniques of day trading. View more
ZFX: Bearish outlook of the greenback amid dovish Fed signals expectation
The markets believe that the Fed will set the inflation like an average range, meaning that the Fed would accept a higher or lower inflation rate for a period of time. Any remarks made by Fed Chairman Powell in this two-day “online” annual meeting, will be treated as a guideline for the September FOMC meeting. That’s why investors may see this annual meeting as a key risk event. View more
Market Sentiment Indicators: How Can It Help You Profit in Trading?
In this article, we will introduce market sentiment analysis, which analyzes markets from a psychological viewpoint, and how to apply some popular market sentiment indicators in daily trading. View more
STP and ECN Forex Accounts: What are the Differences?
ZFX offers two types of accounts: STP and ECN. Aside from the differences in spread and commission, the two account types also process client orders in different modes through different platforms. This article will introduce to you the differences between STP and ECN. View more