March 2014

Germans go shopping in 2014 whilst sales of new homes in Australia increase markedly

Despite not all of its leading economic indicators being as positive as other leading global economies Germans do appear to have an elevated belief in the quality of the recovery witnessed over recent years. According to stats released this morning retail turnover in Germany has increased by circa 2% in real terms February 2013 – […]

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Swing/trend analysis for the week beginning March 31st

Our weekly trend/swing trading analysis consists of two parts; firstly we analyse the fundamental policy decisions and news events for the coming week. Secondly we use technical analysis in an attempt to determine any potential trading opportunities. Traders reading our key calendar events for the week should note the predictions, as any deviation, from that

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UK’s trade deficit worsens and misses expectations by some distance as GDP for the UK comes in at 0.7% for the quarter

As predicted by many analysts the UK’s GDP figure for the last quarter available came in at 0.7% taking annual growth up to 2.7%. One interesting stat from the print concerns the UK saving ratio which is now at 5.1% for 2013, versus 7.3% in 2012. The UK’s balance of payments came in way below

UK’s trade deficit worsens and misses expectations by some distance as GDP for the UK comes in at 0.7% for the quarter Read More »

How copy trading can provide an excellent interim learning method for traders suffering from a crisis of confidence, or profitability, or both

Copy trading is a relatively new phenomenon in our trading world and as a consequence it’s still very much misunderstood and often maligned. The procedure and process is very straightforward; many brokers, who offer copy trading services, have a leader board of client-traders who have decided to share their trading history, for a small fee

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USA bourses close down marginally despite the mainly positive high impact news events

The main bourses in the USA closed down marginally on Thursday despite there being some positive data published regarding the USA economy. The USA weekly unemployment claims fell to 311K a fall of 10K on the previous week whilst the 4 week morning average fell to 317K a fall of circa 9.5K. Also the USA

USA bourses close down marginally despite the mainly positive high impact news events Read More »

UK retail sales rise by 1.7%, ahead of analysts’ expectations of 0.5%, as Ukraine gets cash loan agreement from the IMF

Despite the lacklustre retail figures over the Xmas period and the harsh (and very wet) weather experienced in January and February in the UK, retail sales have posted a very healthy increase in the latest print, courtesy of the UK’s official stats body the ONS. The monthly figure was a very credible 1.7% increase, whilst

UK retail sales rise by 1.7%, ahead of analysts’ expectations of 0.5%, as Ukraine gets cash loan agreement from the IMF Read More »

Making a part time living from FX trading, can we make a reasonable return from an approx. €10K account, can raising our risk deliver the account size we need to trade full time?

From time to time it’s worth reminding ourselves why we came into this industry and in doing so we’ll hopefully redefine our vigour, our purpose and personal targets. There is no disguising, or any added sophistication needed in order to explain why the vast majority of us come into retail trading and we want to

Making a part time living from FX trading, can we make a reasonable return from an approx. €10K account, can raising our risk deliver the account size we need to trade full time? Read More »

European bourses open in positive territory as UK government sells tranche in partly state owned bank

In the overnight-early morning session the focus was mainly on the speech given by the RBS governor Stevens in which he delivered a very upbeat narrative on the state of the Australian economy causing the Aussie indices to rise significantly and the Aussie to rise versus the majority of its major peers. This commentary came

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How a ‘set and forget’ strategy lessens trader pain and how it can work for a high probability set up method

There is one aspect of trading that none of us are prepared for once we discover trading and immerse ourselves in the process – trader pain. There isn’t a trader we’ve met through the years, conversed with over the telephone, or through email who hasn’t experienced the emotion of pain when trading. For the vast

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