Mastering Profit Factor for Trading Success

Profit factor is a cornerstone of trading success. This metric helps traders measure the efficiency of their strategies, assess risk, and refine decision-making. In this guide, we’ll delve deep into…

Oil prices head for weekly gain on Russia-Ukraine tensions

Investing.com– Oil prices steadied Friday, heading for a positive week as increased concerns over Russia and Ukraine saw traders attach a greater risk premium to crude.Β  At 09:25 ET (14:25…

Exclusive: Prop Firm My Forex Funds and the CFTC Are Probably Negotiating a Settlement

There is a high probability that a settlement deal is being negotiated between the proprietary trading firm My Forex Funds and regulators in the US and Canada, Finance Magnates has…

Goldman sees upside risks for Brent near term

Investing.com – Brent crude prices have retreated to the low-to-mid $70s a barrel, which reflects market confidence in a large 2025 surplus, according to Goldman Sachs, but the influential investment…

US Treasury investigates JPMorgan’s client ties to Iranian figure – Bloomberg

The US Treasury Department is currently investigating JPMorgan Chase & Co. (NYSE:JPM) for its business dealings with Ocean Leonid Investments Ltd., a hedge fund linked to Iranian oil trader Hossein…

XAUUSD: Elliott Wave Analysis and Forecast for 22.11.24 – 29.11.24

The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 2792.90 with a target of 2418.82 – 2304.21. A sell signal:…

Saxo and novobanco Collaborate to Drive Digital Investment Access in Portugal

πŸŽ₯Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over…

COP29 climate summit draft proposes rich countries pay $250 billion per year

By Valerie Volcovici, Gloria Dickie BAKU (Reuters) -The COP29 climate summit presidency released a draft finance deal on Friday that would have developed nations take the lead in providing $250…

WTI Crude Oil: Elliott Wave Analysis and Forecast for 22.11.24 – 29.11.24

The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 72.50 with a target of 61.50 – 53.60. A sell signal:…

USDJPY: Elliott Wave Analysis and Forecast for 22.11.24 – 29.11.24

The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 161.64 with a target of 138.08 – 131.25. A…