Regular readers will notice that we’ve used the strong bullish momentum move on the DJIA, witnessed breaking to the upside on or around December 18th, as an example of how fundamentals work in our markets. At the end of the FOMC meeting in December the Fed announced that the ‘taper’ was now on. They announced […]
Despite some extremely positive data from the USA, in the form of services PMI rising to a level not seen since September 2011, the USA markets refused to turn bullish and stayed on a downward trajectory, albeit the selloff was not as severe as experienced in the latter part of last week. The Markit flans
UK RBS bank still losing money whilst USA markets fail to react to positive PMI data Read More »
The trading landscape was dominated overnight and this morning by Japan’s shocking trade deficit which sent Asian shares into a death tailspin as investors and speculators once again questioned the wisdom of what’s become termed Abenomics. Devaluing yen dramatically has increased imports by twenty five percent, whilst exports have risen by fifteen percent in December
Fundamental policy decisions and medium to high impact news events that could affect market sentiment over the coming week This trend analysis will be broken down into two parts; fundamental analysis for the coming week to include policy decisions and high impact news events. Thereafter we’ll move onto technical analysis. The delivery of the fundamental
Trend analysis for the week beginning January 27th Read More »
The UK governor of the Bank of England has reaffirmed his commitment over the past 24 hrs during various interviews, to keeping the UK’s base interest rate at a record low of 0.5% under his adjusted forward guidance programme. He felt the need to go public with a statement after the UK’s unemployment level fell
Revisiting some of the costly mistakes we made as novice traders can prove to be a cathartic and healthy exercise. Particularly if the mistakes taught us valuable lessons and helped nudge us in a better direction, causing us to eventually find a better place in relation to our trading. Blowing up an account, or losing
Fears of a China-led global slowdown and uninspiring U.S. data caused a selling frenzy on Wall St and throughout Europe on Thursday that ended with equities closing with their worst loss of the year. Major stock indices, such as the DJIA, closed down more than 1 percent in a sell off; the dollar fell, whilst
It was notable that when questioned earlier this year, as to what threats the global economy faces in 2014, the legendary FX trader/investor George Soros claimed that the real exponential threat to the global economy was China’s potentially slowing economy. Now given that many of the global central banks appear to have a handle on
A slowing Chinese economy may suggest that economic policy in China is falling short Read More »
If we assembled a group of traders’ together in a conference room, ensuring they were all of different levels of experience and success and then we posed a few basic trading questions to them, the answers we’d receive back would be fascinating. One critical question we’d ask would be regarding the ‘keystone’ to their trading
How cutting your losers early can dramatically improve your bottom line Read More »
As the Davos World Economic Forum gets into full flow it’s tricky to keep up with the appearance schedule. Moreover, it’s increasingly difficult to understand why some ‘delegates’ and guest speakers are given so much air time. The legendary UK entrepreneur and founder of Virgin, Richard Branson, gave a speech suggesting that the “war on
