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May 9, 19 •
2216 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling slips as talks between the main U.K. political parties look close to collapse, U.S. dollar trades in tight ranges, as markets await news on China-USA trade situation.
The U.K. pound slipped versus several of its peers, during Wednesday’s trading sessions, as Brexit issues resurfaced after a period of relatively subdued discussion in the mainstream, financial press. After receiving a reprieve from the original March 29th...
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May 8, 19 •
2275 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on How can you match your trading ambitions to your current employment?
The vast majority of retail FX traders are part time; typically they’ll be holding down part time or full time jobs, whilst either attempting to learn how to trade, or continuing their successful trading. It’s tricky to establish the exact numbers from...
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May 8, 19 •
2125 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Asian markets sell off on Wednesday morning, as analysts and investors begin to quantify the global trade impact, of increased and new tariffs on Chinese imports into the USA.
The fall in Chinese equity markets, witnessed during the Sydney-Asian sessions on Wednesday morning, was expected based on the increased threats from the Trump administration; to increase tariffs from 10% to 25% on $200m of Chinese imports, beginning on...
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May 8, 19 •
2629 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Strive for excellence in your FX trading, not perfection.
Successful traders are, by their nature, perfectionists. They seek alpha (maximum profit) in each and very trade they execute, on every trading day. They’re constantly looking for methods and micro adjustments, as they fine tune their strategy, to squeeze...
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May 8, 19 •
2325 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity markets slump as global trade fears grip markets, due to USA tariff increases which are set to begin on Friday May 10th.
After Trump’s weekend threats versus China; to raise tariffs on $200b of imports from 10% to 25% beginning this Friday, the U.S. and Eurozone markets adjustment during Monday’s sessions was relatively contained, after Chinese markets sold off by the...
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May 7, 19 •
2264 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Focus turns to the New Zealand economy on Wednesday morning, as the RBNZ announces its cash rate decision.
On Wednesday May 8th, at 3:00am U.K. time, the central bank of New Zealand, the RBNZ, will reveal its latest decision, with regards to the country’s key interest rate. Referred to as the “official cash rate”, the current rate is 1.75% and according to...
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May 7, 19 •
2109 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Aussie dollar rises as RBA defies forecasts by keeping the cash rate unchanged at 1.50%, Asian markets steady after further Trump threats versus the Chinese.
The RBA (reserve bank of Australia) caught market doves off guard on Tuesday morning, by agreeing to keep the cash rate unchanged at 1.5%, despite the weight of economic opinion, from the economists polled by Reuters, predicting the rate would be cut to...
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May 7, 19 •
2633 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Global equity markets stop the initial rout, caused by Trump social media tariff threats versus China, USD rises in New York session.
The main Chinese equity markets sold off by circa 5% during the Asian session on Monday morning, as the Shanghai Composite and CSI equity indices fell by their largest amount in over three years. After recent reports of supposed, gradual concessions, being...
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May 6, 19 •
1870 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Waiting until the market comes to you. What does this phrase mean and what trading plan can we build, to execute FX trading strategies based on the concept?
If you regularly peruse the most popular FX trading forums, or read books and articles on the subject of FX trading, you might constantly stumble across the phrase; “wait until the market comes to you.” It’s an evocative phrase, conjuring up ideas of:...
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May 6, 19 •
3391 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Could the RBA central bank lower Australia’s key interest rate by 0.25%?
On Tuesday May 7th, at 5:30am U.K. time, Australia’s central bank the RBA, (reserve bank of Australia) will announce its latest decision, regarding the headline interest rate. Referred to as the “cash rate”, the rate is currently at 1.50%, it has...