The UK published its latest unemployment data this morning revealing that the rate has fallen to 7.1%. Despite this fall there were some disappointing stats contained therein as the participation rate has fallen to 72.1% of adults of working age in the workforce, whilst the claimant count fell by 24K, below the expectation of a […]
There are many clichés regarding trading that (on the face of it) appear extremely easy to implement, but in reality are very difficult to put into practice. “Letting your winners run” and it’s equally important correlated phrase; “cutting your losses early” are two of the most widely used clichés we hear in trading discussions. Yet
As the USA markets stumbled into action (after the long bank holiday weekend) it was the Canadian loonie that took centre stage in early FX trading, by reaching a low point versus the dollar not seen since 2009. Looking at the commitment of trader’s report of last week there did seem to be a ‘telegraphed’
In several of our recent blog entries, when we’ve focused exclusively on trading methods, we’ve highlighted the recent DJIA move on December 18th 2013 as a perfect example of a sudden and violent break to the upside as a consequence of a fundamental policy high impact news event. Just a short re-cap; The USA Fed,
There’s much media focus on the world economic forum taking place in Davos Switzerland which begins Wednesday evening. The event has given many organizations the opportunity to publish their own findings with regards to the state of the global economy. Yesterday there was leaked information from the IMF declaring that global growth in 2014 would
Germanys ZEW index takes a surprise fall down to 61.7 Read More »
The USA markets were closed on Monday due to their bank holiday in recognition of Martin Luther King. As a consequence the markets were relatively quiet throughout the day as the two main trading sessions concentrated on Europe singularly. However, despite there being very little in the way of high impact news events published on
Germany’s economy and its banking sector featured significantly in the morning news items. Producer prices in German factories fell slightly by 0.1% on an annual basis compared to the same period last year. As to whether or not this print will begin to herald the beginnings of ‘deflation concern’ stories in the mainstream media, or
Our swing trading analysis for the coming week concentrates firstly on the fundamental policy decisions and high impact news events for the coming week, secondly we move onto the technical analysis for some of the most popular securities. The publication of the Australian inflation rate begins our week of high impact news events and fundamental
Trend/swing trading analysis for the week beginning January 19th Read More »
In the UK market commentators and analysts have become very excited with regards to the retail figures just published, which (on the face of if) look like a very healthy print. Cable immediately spiked to be currently up 0.54% on the day. However, closer inspection reveals that the retail figures may not be all they
Discussions regarding how much of our account we should risk on an individual trade are as old (and lively) as the modern day trading industry. Many experienced, successful traders and analysts will suggest a fixed amount of risk, whilst some will suggest that it should be variable, or both. But one aspect of trading that
