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Author: Desmond Wong

Desmond is a seasoned financial markets analyst and educator, bringing extensive experience in retail forex, economics, and market analysis. Beginning his journey in sales and business development, his deep interest in economics and technical analysis naturally led him to pursue a career in market research and analysis.
gold price news today

Gold Surges Past $3,500 to Hit Intraday Record Amid Escalating Global Uncertainty

By Desmond WongPosted on April 22

Gold prices notched a new intraday high above $3,500 per troy ounce, extending a powerful rally that has captivated global ….

How CPI Data Drives Currency Prices and Shapes Your Trades

How CPI Data Drives Currency Prices and Shapes Your Trades

By Desmond WongPosted on February 22

In the world of forex trading, understanding economic indicators is crucial for making informed decisions. One of the most significant ….

Forex Price Action and Trendline Analysis

Guide to Forex Price Action and Trendline Analysis for Beginners

By Desmond WongPosted on February 19February 18

Understanding Price Action and Its Role in Forex Trading Technical analysis involves interpreting the price chart to make informed trading ….

5 Major Mistakes Forex Traders make and how to avoid them

By Desmond WongPosted on November 30November 20

In the fast-paced and ever-changing world of the Forex market, traders of all levels of experience can fall victim to ….

Understanding Convergence and Divergence in Technical Analysis

Understanding Convergence and Divergence in Technical Analysis

By Desmond WongPosted on November 28November 20

In this article, we will take one step further and explore another key concept in financial trading known as convergence ….

Emotions And Their Impact In Forex Trading

By Desmond WongPosted on November 27November 20

Emotions play a significant role in the world of Forex trading, influencing decision-making and overall performance. Many traders understand that ….

Scalping, Day Trading, Swing Trading, And Position Trading Explained

Scalping, Day Trading, Swing Trading, And Position Trading Explained

By Desmond WongPosted on November 26November 20

Navigating the forex market can be a challenging endeavor for both novice and seasoned traders. Understanding various trading strategies is ….

Best Forex Indicators for Swing Trading

Best Forex Indicators for Swing Trading

By Desmond WongPosted on November 25November 20

There is no one profitable trading style or trading strategy when it comes to Forex trading. Every trader uses a ….

Elliott Wave Basics – Structure

Trading With Elliott Wave Theory

By Desmond WongPosted on November 24November 20

Elliott Wave Theory, introduced in the 1930s and named after its creator Ralph Nelson Elliott, is a widely known key ….

Bearish Flag Pattern

Bearish Flag Pattern: What is it and how to use it on Forex trading

By Desmond WongPosted on November 23November 20

As a trader in the Forex market, one of the most critical skills you can possess is the ability to ….

How Use William’s Alligator

How Use William’s Alligator in Your Forex Strategy

By Desmond WongPosted on November 22November 20

In the previous articles, we have covered Moving averages and Trend lines. The ‘Alligator’ Indicator covered in this blog is a mix ….

Using Fibonacci Retracement in Trading

Understanding and Using Fibonacci Retracement in Trading

By Desmond WongPosted on November 21November 19

Fibonacci Retracements is one of the widely used tools by traders for technical analysis. Principally, the tool helps in identifying ….

Use Moving Averages As Part Of Your Forex Trading Strategy

3 Ways To Use Moving Averages As Part Of Your Forex Trading Strategy

By Desmond WongPosted on November 12November 10

Many of aspiring traders ask for trading tips and any additional means of forex trading analysis they can use when ….

Read and Using Support Resistance

Forex Trading Tips – Read and Using Support Resistance

By Desmond WongPosted on November 11November 10

The two very widely known terms when it comes to trading any type of financial instruments are Support and Resistance. ….

Trading Tips Using Trend Lines

Trading Tips Using Trend Lines

By Desmond WongPosted on November 10

When it comes to the price movement of any financial instrument, there are only three possible directions a price can ….

Use Bollinger Band Forex

Trading Tips Using Bollinger Bands Indicator

By Desmond WongPosted on November 6November 4

Bollinger bands are one of the most prominent indicators implemented by traders today. In this blog, we will first understand ….

Analyzing Price Action Trading

Analyzing Price Action Trading

By Desmond WongPosted on November 5November 4

Price action trading is a popular approach that focuses on analyzing the movements of prices on a chart to make ….

Classification of Technical Indicators

Classification of Technical Indicators: A Forex Trader’s Guide

By Desmond WongPosted on November 4November 4

Technical indicators are essential tools that help forex traders make sense of price movements and market trends. By analyzing charts, ….

The Wyckoff Method in Forex

The Wyckoff Method: An In-Depth Analysis for Traders

By Desmond WongPosted on October 25October 25

Almost a century ago, Richard Wyckoff, the mind behind the concept, developed the Wyckoff Method in the early 1930s. This ….

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