There’s hardly a day goes by, when we don’t hear reports on the rising record USA equity indices, during 2017 the rise of the three main USA markets; DJIA, SPX and NASDAQ was unprecedented, an approx. 30% YoY growth across the board. With FAANG stocks (Facebook, Amazon, Apple, Google and Netflix) up over 40% during […]
The key U.S. equity market indices; DJIA, SPX and NASDAQ, sold off sharply during Tuesday, after suffering the first sell off in over a month on Monday. The DJIA lost over 400 points at one stage as the intraday low (just above 26,000) was reached. Some context must be attached to the recent fall; taking
On Wednesday 31st January at 19:00 GMT (U.K. time), the FOMC will reveal their decision regarding USA interest rates, after holding a two day meeting. The Federal Open Market Committee is a committee, within the Federal Reserve System, which has the responsibility under United States law of overseeing the nation’s open market operations, such as;
The word scalping is one of the most understood words and concepts in our industry. Ask the majority of retail traders what the concept of scalping means to them and they’ll generally cite that it’s a method to aim to take a small amount of pips out of the forex market, in a short period
Can retail forex traders genuinely scalp trade the Forex markets? Read More »
The main USA equity markets, the DJIA and SPX, experienced a modest pull back during Monday’s New York session, whilst the dollar rose moderately as bond rates also rose. Viewers of Bloomberg news and other financial media, will have noted that market experts were immediately lined up to be asked if “the equity markets were
The financial mainstream media has been recently full of articles regarding the rise of sterling during 2017 and its continual rise in 2018. The press became extremely excited on Thursday January 25th as GBP/USD rose through the 1.4300 handle, before retracing to circa 1.4100, a level approaching the pre Brexit referendum vote. As forex traders
In a relatively quiet week for economic calendar news and events, the mainstream financial media chose to concentrate on two issues from Monday onwards; the inevitable resolution to the USA Federal government shutdown (a deal was reached to keep the system limping along for another three weeks) and the gathering of leading: business people, economists,
It’s a well-known phenomenon that economic forum meetings convey an air of confidence to investors. Once the forums close we’re generally left with an impression that the political leaders of the world have got our backs and that they’re experts, completely in control and in charge of their brief. The end result is that during
We’re constantly analysing our trading performance on a short term basis, we can clearly see it in our rolling profit and loss statement, or at the end of the day (EOD). Over a short period of time, after our introduction to forex trading, we’ll also become proficient at using the back testing mechanisms on our
Your 100 forex trade analysis and back testing for scalping or day trading Read More »
Over recent weeks there’s been a surge in the search term “buy bitcoin with credit card”, the rise corresponded with the huge spike in the price of BTC, which saw price rise to circa 20,000 in December 2017, from 8,000 in October. Price then fell to 10,600 on December 22nd, wiping off circa 40% of
“Buy bitcoin with credit card” – the new crypto craze Read More »
