We love to experiment as traders, if we didn’t have that capacity for intellectual curiosity and experimentation, then it’s highly unlikely we’d discover markets to invest in, or trade forex. Naturally, as part of our voyage of discovery, we begin to play around with all the component parts that make up what we’d describe as […]
The Heikin Ashi candlestick and its purpose in Forex trading Read More »
COT report reveals further decrease in USA dollar bullishness, whilst PMI data for Europe and the UK’s GDP estimate form the basis of major news event for the week The COT report provides an excellent medium to longer term barometer of sentiment with regards to the major currency peers. Published each Friday it’s always worth
Sterling and the dollar fall, as investors speculate on the timing of the next USA interest rate rise Although our morning roll call generally concentrates on the previous day’s European and American news, whilst also prepping our clients to be aware of the coming day’s news, we thought we’d start off by mentioning (and therefore
USA equity markets reach another record high, whilst sterling falls, as UK wage data disappoints Wednesday’s equity markets surge in the USA wasn’t underpinned by what many cynical investors refer to as “hopium” (a mixture of hope and helium), the fact that inflation appears to be rising, as evidenced by the data published on Wednesday,
Trading is a cerebral profession, it’s neither a team, or an individual player sport. However, analysts, traders and market commentators often use sporting analogies to make our points. We’ll talk about having “the guts to get up off the floor”, as if losing a series of trades is similar to a concussed boxer trying to
Visualising Success as a Forex Trader Read More »
Investors’ optimism reaches 2011 highs, as Janet Yellen’s testimony propels USA markets to fresh record highs “Everything is awesome” is a sarcastic and ironic phrase that many renegade investors and analysts, use to describe the markets when they appear to be in an irrational state of hysteria. But as many seasoned investors are only too
Trump’s promise of “phenomenal tax cuts” propels USA equity markets to new highs, whilst the dollar and sterling both rise versus the euro As we noted last week there’s a new analysis paradigm currently at work in the equity and currency markets, it’s called the “Trump effect”. In USA election years it’s customary for markets
This misinterpretation in forex trading; the amount of futile effort and energy that’s been expended, the hundreds of thousands of hours spent, trying to discover the elusive holy grail of trading, is a sobering thought. The wasted time and effort that’s been consumed, is made even worse by the realisation that no such perfect 100%
Misinterpretation in Forex Trading and how to limit your Risk Read More »
Inflation is the main focus on the economic calendar this week, as is the ECB’s statement and Janet Yellen’s testimony Inflation in: China, the U.K. and the USA. The job numbers in Australia. Janet Yellen’s semi annual testimony of 2017 and the ECB’s report, form the bulk of the economic calendar events that will dominate
German exports break records despite the monthly fall, Trump gets ready to meet Abe, currency traders should prepare Despite the latest data from Germany disappointing and missing forecasts, the largest economy in Europe still broke exporting records in 2016. The metrics released on Thursday were: monthly exports falling by -3.3%, balance of trade at 18.7b
