Trading the markets offers up an incredible insight into our own psychology and that of our peer group, a peer group that we often witness on forums suffering all kinds of self-imposed agonies in their struggles to become successful… It’s hard to explain to friends, or close members of our family not involved in our […]
Initially, shortly after the opening bell on Monday, the USA indices suffered a rapid sell off as investors digested the news that Chinese exports had fallen spectacularly – by 18.1% according to the latest reading from the official Chinese stats body. However, in a relatively slow news day the indices recovered somewhat with the DJIA
Markets sell off moderately then recover as yen rises versus all of its major peers Read More »
With the news published over the weekend, that China had missed its export target by some distance and exports had fallen by eighteen percent, we were always guaranteed that the Asian bourses would open in the red and with increased volatility… However, not to be left out, Japan also published some disastrous data concerning its
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
Swing-trend trading analysis for the week beginning March 9th Read More »
News in from the German official stats agency has revealed that wholesale prices have reduced by 1.7% perhaps adding to many analysts’ fears that deflation is an issue still stalking the wider European economy. From Australia the news that the construction sector, on which the economy relies on heavily, is undergoing a contraction may come
Many traders in our community will recall vividly the moment they became interested in technical analysis. Many will testify to the fact that it was moving averages that first peaked their interest. Perhaps we’d placed a 21 day moving average on a daily chart and witnessed how price reacted when it met this virtual barrier.
As investors and FX speculators eagerly await the publication of the NFP jobs print on Friday they will have been encouraged by the two publications printed on Thursday. Firstly the weekly unemployment claims fell to 323K for the week and the rolling monthly figure came in down 2000. Similarly the Challenger jobs print, which lists
Many investors and analysts are turning their attention to the base rate announcement due from the ECB this afternoon and the accompanying statement from the ECB president Mario Draghi. It may prove to be too early for a base rate reduction, past the 0.25% where the rate currently is, but his dialogue will be closely
A “set and forget” strategy is a fairly simply proposition; rather than continually and at times obsessively market (and chart) watch whilst awaiting for our sets up to occur, we instead place orders into the market and allow them to be executed when price reaches our pre-determined levels or, perhaps if we are using an
Is it time to consider a “set and forget” strategy and if we do what are the benefits? Read More »
After the relief rally of yesterday as the SPX reached a record high, due to a climb down and non-escalation of the Ukraine crisis, the main indices in the USA suffered a fairly neutral day on Wednesday with both main indices drifting slightly lower. The poor jobs print from ADP, with the previous month’s number
