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Romanias Ministry of Defense: A drone that violated its airspace has been shot down.Romanias Ministry of Defense: A drone violated its airspace.August 16th - This morning (August 16th), the Ministry of Water Resources held a consultation meeting to analyze and assess the national flood control situation. As of 9:00 AM today, 52 rivers in Zhejiang, Shanghai, Jiangsu, Anhui, Henan, Heilongjiang, and Inner Mongolia remained above warning levels, with the maximum exceeding the warning level by 4.27 meters. Among them, 28 rivers remained above the guaranteed level. According to forecasts, from August 16th to 17th, affected by rainfall and upstream water flow, the water level of Taihu Lake will continue to rise slowly. The Chuhe River, a tributary of the lower Yangtze River, the Shaying River, a tributary of the middle reaches of the Huaihe River, and the section of the Heilongjiang River downstream of Tongjiang will remain above warning levels. The Minjiang River and Qingyi River in Sichuan will experience rising water levels. Some small and medium-sized rivers in the rainstorm areas may experience floods exceeding warning levels. From 8:00 AM on the 16th to 8:00 AM on the 17th, there is a high probability of flash floods in central and northern Sichuan, and an orange alert for flash floods has been issued. The Ministry of Water Resources maintains a yellow flood warning, reminding the public in areas affected by rainstorms and floods to take precautions.August 16 - According to US sources, a shooting occurred in Lexington, Kentucky on August 15, resulting in one death and four injuries.US President Trump: The Senate must pass the "No More Clock-Changing Act" as soon as possible. More sunlight is always good (it even helps fight crime!), but more importantly, stop the absurd habit of turning clocks and watches back and forth twice a year—its confusing and inconvenient. Get it fixed now!

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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