January 2021

Some Common Myths About Forex Trading

Matching personality types to FX trading styles is a bad idea that needs debunking

Forex Trading Articles

There are four primary trading styles for trading forex markets as a retail trader: scalping, day trading, swing trading and position trading. Over recent years a movement has developed on FX trading forums to identify which trading style matches your personality and go with it. The suggestion on forums is that if you’re a twitchy, […]

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Crude oil slips to 2-week lows, bulls still hold

Oil breaches $50 a barrel, copper prints an eight-year high, ISM manufacturing reading comes in over 60

Market Commentaries

WTI crude oil futures breached $50 per barrel for the first time since February 2020 and rose by 4.68% during Tuesday’s trading sessions. Major oil producers agreed to maintain existing oil output levels into February and March. Saudi Arabia agreed to a production cut, while Russia and Kazakhstan have raised. Copper, often regarded as the

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Bring order to your forex trading and avoid chaos by using market orders

Forex Trading Articles

Many market commentators, analysts and mentors claim that markets are random and by association chaotic. If you get down to a granular level, they have a point; if you watch the movement of forex tick charts or one-minute time frames, FX market movements can look random, and you can’t possibly identify trends. However, if you

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Equity markets whipsaw in wide bearish ranges on first full trading day of the year

Market Commentaries

European and US equity markets experienced volatile trading conditions during Monday’s trading sessions. The reasons were various. The leading UK index the FTSE 100 enjoyed a significant rise during the London open due to Brexit fears fading and optimism regarding the start of the Astra Zeneca Oxford vaccine rollout given to the most vulnerable and

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What to look for this week? BoE, NFP, and ECB in focus

Monday is a busy day for economic calendar data releases, as markets recommence trading after the holiday period

Market Commentaries

Global equity, FX and commodity markets reopened on Sunday evening after the Xmas and New Year holidays. The ongoing economic events that dominated markets in the US and EK and Europe; the Pandemic Relief Bill and Brexit are now over. Therefore, investors and traders will turn their attention back to fundamental and technical analysis combined

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