Britain’s economy will apparently grow by 3.1% this year after a supposed turnaround in household fortunes, but trade and austerity challenges still lie ahead, a forecasting group has said in a report published overnight. The Centre for Economics and Business Research (CEBR) said a rise in disposable incomes, business investment and a construction sector boosted […]
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 analysis for the week beginning Sunday April 20th Read More »
The average new home prices in China’s 70 major cities rose 7.7 percent in March from a year earlier, easing from the previous month’s 8.7 percent rise. In month-on-month terms, prices rose 0.2 percent in March, slowing from February’s rise of 0.3 percent. The National Bureau of Statistics said new home prices in Beijing rose
China new home prices rise slows to 7.7 percent year on year in March Read More »
Luck is a very contentious word and equally contentious phenomena in trading. Having spent months and in many cases years to create a winning trading strategy, to then finally commit it to our bullet proof trading plan, it’s incredibly hard for any of us to actually accept that a huge element contained within our long
The main USA bourses experienced relatively quiet sessions on Thursday as the Good Friday holiday approached. The latest weekly unemployment claimant count from the USA crept up above the critical 300K level to give a reading of 304K, up 2K from the previous week’s revised figure. In other USA based news the Philly Fed manufacturing
Asian markets failed to maintain an upbeat momentum despite the solid gains seen on Wall Street yesterday, Hong Kong stocks outperformed as Beijing cut the reserve requirement ratio for some rural banks. There were solid gains on Wall Street, as a decline in the US dollar lifted the yen and hurt Japanese exporters. A recovering
When we pose the question to a group of traders; “what were your most memorable trades?” we’re often met with a variety of answers which mainly depend on where traders are on their personal development learning curve. The answers that we’ll receive back from: new traders, traders who have just begun to develop a trading
Our most memorable trades Read More »
Euro inflation was reported on Wednesday at 0.5%, as many investors and analysts begin to worry that deflation may in fact begin to become an issue for the euro region and the wider EA region, negative annual rates were observed in Bulgaria (-2.0%), Greece (-1.5%), Cyprus (-0.9%), Portugal and Sweden (both -0.4%), Spain and Slovakia
Asian Pacific bourses rose in the overnight-early morning session led by Japan, however, Greater China equity markets lost their gains after the world’s second-largest economy reported its slowest quarterly growth since late 2012. The mood across the rest of the region was positive after the S&P 500 swung out of negative territory early in the
The reasons why each and every trade should be taken with a stop loss is a subject we’ve covered in these columns previously. But occasionally, particularly for our newest readers, it’s worth reminding ourselves why we should use stops on each and every trade. Quite simply if we accept the notion that our business is
Where should I put my stop loss? Read More »
