Are Forex Traders Born And Not Made, Or Do We Need To Get The Chemistry Right? There was a fascinating article published by Reuters and others yesterday concerning gambling addiction. Whilst musing over the results the synergy between gambling and trading becomes obvious. The question that many of us have asked; "am I cut out […]
Are Forex Traders Born And Not Made? Read More »
How does that phrase go again; “you can fool some of the people some of the time, not all of the people all of their time”? Ah-ha! Here it is; ” You can fool some of the people all of the time, and all of the people some of the time, but you can not
Greeks Refuse To Lie Down And Take The Austerity Medicine Read More »
We’re not entirely sure what happened to the “on deposit” stories that were doing the financial news-rounds in late 2011, remember how it was? The ECB would offer three year virtually unlimited loans to banks at a 1% coupon, they termed it LTRO, (long term refinancing operation). The banks would then immediately deposit the same
The ECB Announces The Last Of Its Blow Out Money Sales Read More »
“So was the book better than the film?” is the often repeated question when a best selling novel is translated to the big screen. Were The Road is concerned the film is arguably not as good as the book, however, the film really is very good. I’ve recently re-watched it and if there is a
Americans Are Driving Less And Flying Less, Are They Finally On The Road To Nowhere? Read More »
Fundamental analysis of a business involves analysing its financial statements and health, its management and competitive advantages, and its competitors and markets. When applied to futures and forex, it focuses on the overall state of the economy, interest rates, production, earnings, and management. When analysing a stock, futures contract, or currency using fundamental analysis there
Fundamentalism For The Forex Trader Read More »
If there’s a metaphor for the Dutch finance minister being locked out of his hotel room upon his return after “exhausting” negotiations then others will have to supply it. There was a certain amount of irony at play given his call for a permanent presence by the troika in Athens for the duration of the
Austerity? Check. Bailout? Check. Growth Plan? Err… Read More »
There are two definitions for a Dutch Oven and both are equally fitting for the stunt the Dutch finance minister pulled during the final delicate negotiations over the details of the Greek bailout; [ordered_list style=”decimal”] A Dutch Oven is a thick-walled (usually cast iron) cooking pot with a tight-fitting lid. Dutch ovens have been used
Greece Is Put Into A Dutch Oven Read More »
There’s another similar phrase that describes the folly of waiting for your pre-determined price to be hit before you close the trade, it ends with the word tick, I’m sure readers can deduce the rhyming word used for self admonishment that would accompany the word “tick”.. It’s a common scenario that happens to the best
Don't Let The Forex Trade Slip For The Sake Of A Pip Read More »
Iceland’s approach to dealing with the meltdown was to put the needs of its population ahead of the markets at every turn. No it’s not a typo it’s an attempt to reinforce the one workable solution that has investment banks running scared, debt forgiveness. In any other business if you mess up, you fail, you
There is one headline and discussion point, in relation to the Greece debacle, which constantly catches the attention IF you’re concentrating; “At stake is a target of lowering the debt to a more manageable 120 percent of gross domestic product by 2020. EU and IMF officials believe that target, which assumes Greece will run a
Is This What Constitutes 20-20 Vision For Greece? Read More »
