Only a tiny percent of retail traders will ever make it. There’s lots of information, data and opinions on this subject, but none of it is conclusive or definitive. We read that 95% of traders fail, that only 1% of forex traders make a living trading and that the vast majority of traders give up […]
A few Forex Trading myths; discussed and debunked. Part two Read More »
Whether we discover the (at times) lonely and solo activity of retail forex trading by accident or design, we’re social animals and in the social media world we now inhabit, we’ll eventually discover forums and other social media methods, to share and discuss our trading ideas. As we discover forums and other discussion venues, we’ll
A few Forex Trading myths; discussed and debunked. Part one Read More »
Throughout the analysis, regarding Trump’s intended tax reform programme, which is now set for ongoing debate in the senate until a vote takes place on Thursday, few financial media commentators have picked up on the effect the reforms will have on tech shares. As a consequence of the tax avoidance measures already in place and
The majority of the most popular and highly respected trading forums, are sub divided into various categories. You’ll see separate discussion sections for: general trading discussion, platforms, automation, brokers, journals, systems etc. Interactive trading and trading systems are generally the sections that experience the highest number of posts, but not the highest number of threads.
Forex Trading systems – how do we separate the useful, from the useless? Read More »
After months of gridlock the U.K. Brexit negotiation team has apparently finally agreed to pay an exit cost of circa €100b gross, which will reduce to circa €65b net over time. This first agreement, if completely ratified by the E.U., will now allow the negotiations to move onto discussing other issues, such as; the rights
At 13:30pm GMT on Wednesday 29th, the latest quarterly figure for annualized GDP in the USA, will be published. The last quarterly figure produced a growth figure of 3%, the consensus opinion, gathered from the economists polled by Reuters, suggests a rise to 3.2% for the latest QoQ annual growth. With investors in the USA
FX and U.S. equity traders need to remain highly vigilant during New York markets’ opening times on Tuesday, as Trump delivers a speech at the Senate regarding his tax plans. This is likely to be followed by a vote amongst both democrats and republicans later in the week, to begin bringing into law his highly
A Santa Claus rally used to be classed as a surge in the price of equities that often occurs in the last week of December, lasting through to the first opening trading days in January. However, over recent years the rally has enjoyed a far longer period, often beginning early December and lasting approximately a
With the FOMC due to meet in December, to decide on the next interest rate move for the USA economy, many FX traders and analysts will focus on the latest USA GDP figure when published on Wednesday. The Fed chairs may feel emboldened to begin a hawkish monetary policy in 2018, should GDP (annualised) come
With USA equity markets closed on Thursday due to thanksgiving holiday, the volume of trading in the FX markets was also effected, with the dollar falling versus the euro and the rest of its main peers. However, price action was extremely limited throughout the day, with the major currency pairs experiencing very little in terms
