Author: <span>backcom_webt</span>

Jay Hambro Fined for Wyelands Bank Failure

The Bank of England’s Prudential Regulation Authority (PRA) has issued a £72,000 fine to British financier Jay Hambro for his role in the collapse of Wyelands Bank, a UK lender owned by Sanjeev Gupta. Wyelands, which had amassed over £700 million in deposits, collapsed after regulators expressed serious concerns about its financial stability, leading to […]

Continuation Candlestick Patterns – Trading Ideas

Forex traders often tend to look for reversal signals from candlestick patterns. However, one skill that has yet to be fully utilized is the use of continuation candlestick patterns, which indicate that the market is pushing to continue the trend. Today’s article will help traders better understand continuation candlestick patterns and important considerations when using […]

BULLISH CANDLESTICK PATTERNS – Trading Ideas

Bullish Candlestick Patterns – As mentioned in the overview of Japanese candlestick patterns, these patterns are an effective tool for traders, especially those who follow technical analysis. Today’s article will introduce the most common bullish reversal candlestick patterns in trading. 1. BULLISH CANDLESTICK PATTERNS Japanese candlestick patterns are formed from individual candlesticks. They are considered […]

What is a Hammer Candlestick Pattern? – Trading Ideas

The Hammer candlestick pattern is a frequently observed formation in the forex market, providing key insights into trend reversals. It is crucial for traders to understand that there is more to a hammer candlestick than just spotting it on a chart. Price action and the hammer’s position within the current trend are essential validation factors […]

Overview of the Forex Market [FULLEST]

The first article will give you the most comprehensive overview of the Forex market. The path to achieving stable profits from this market is long and challenging, so equip yourself with the best Forex knowledge. 1. WHAT IS FOREX? Forex is an abbreviation for Foreign Exchange, also known as FX, spot FX, or the Forex […]

Maersk Warns Carbon Trading Plan Could Promote LNG Usage

AP Møller-Maersk has raised concerns that a proposed carbon trading scheme aimed at narrowing the cost gap between fossil fuels and green energy could inadvertently encourage the use of liquefied natural gas (LNG) in the shipping industry. The plan, set to be discussed at a United Nations meeting next month, has divided stakeholders within the […]