In the world of trading, news can be a powerful tool, especially in the Australian CFD (Contract for Difference) markets. Understanding how to leverage news trading strategies can help traders make informed decisions and potentially maximise their profits. This article explores various aspects of news trading, from the basics to effective techniques, and provides insights…
Keeping a CFD trading journal is essential for traders in Australia who want to improve their skills and make better decisions. This guide will help you understand how to effectively maintain a journal, what to include, and how to analyse your trades to become a more successful trader. Key Takeaways A trading journal helps you…
In the world of CFD trading, understanding when to take profits is crucial for success. This article explores various take profit strategies specifically tailored for Australian traders. From technical analysis tools to risk management techniques, we’ll cover essential aspects that can help you make informed decisions and maximise your trading outcomes. Key Takeaways CFD trading…
Position sizing is a crucial aspect of CFD trading, especially for beginners in Australia. It helps traders manage their risk and make informed decisions about how much to invest in each trade. Understanding the right position size can significantly impact your trading success and overall experience. Key Takeaways Position sizing is about deciding how much…
In the world of trading, understanding chart patterns is essential for making informed decisions. This article focuses on basic chart patterns that are particularly relevant for Australian CFD traders. By learning about these patterns, traders can better predict market movements and manage their investments effectively. We will explore support and resistance levels, various continuation and…
In the world of trading, understanding market sentiment is crucial. It helps traders gauge the mood of the market, whether it’s leaning towards optimism or pessimism. This article explores the top sentiment indicators that Australian traders can use to make informed decisions in CFD trading. From the Commitment of Traders report to social media sentiment…
