The story of Rip Van Winkle is set in the years before and after the American Revolutionary War. In a pleasant village, at the foot of New York’s “Kaatskill” Mountains, lives the kindly Rip Van Winkle, a colonial British-American villager of Dutch descent. Rip is an amiable though somewhat hermitic man who enjoys solitary activities […]
How Sarkozy Must Wish He Could Be Rip Van Winkle Read More »
You have to wonder if all the spin and posturing has been worth it given that sixteen year olds in the UK with a C grade in GSCE maths could have told the great and the good at the countless; troika, EU and IMF meetings held over the past few months that the €440 billion
Indicators, as part of a trader’s overall technical analysis, help to identify: momentum, trends, volatility and other aspects of a forex security’s behaviour empowering traders to make more considered and therefore many more profitable long or short (buy or sell) decisions. Whilst some traders use a single indicator, solely for buy and or sell signals,
The Impact of Leading and Lagging Indicators on Your Forex Trading Read More »
Greece’s government voting in the austerity bill came as no surprise. The government is now a safe bet to get their next tranche of pocket money (circa €8 billion) courtesy of the troika which should ensure they can firstly fill up the cash machines this weekend, not that anyone has any wages or savings to
Debts By A Thousand Cuts Read More »
The latest incumbent in charge of the UK government’s spin and posturing is, as we say in the UK, playing a blinder. Mired in accusations of sleaze with regards to the former News Of The World Sunday newspaper, a former defence Minister, involved in defence ‘matters’, such as who gets what political help and reconstruction
As Europe Burns the UK Plays Second Fiddle Read More »
No sooner had the grand plan to rescue the Eurozone been touted it was summarily squashed and just when you think the French and German leaders couldn’t possibly fit in another meeting Sarkozy thanks his wife for giving birth and hops onto a plane to Berlin. Quite why he and Merkel can’t use Skype remains
Eurozone Crisis, It's As Clear As Mud Read More »
Godwin’s law is a humorous observation made by Mike Godwin that has become an Internet adage. It states: “As an online discussion grows longer, the probability of a comparison involving Nazis or Hitler approaches”. Godwin observed that, given enough time, in any online discussion, regardless of topic or scope, someone inevitably criticises some point made
Beware the Godwin's Law by Proxy When Discussing Indicators in Forex Trading Read More »
As the dust settles with regards to the overall Franco-German solution which will be unveiled this coming weekend (no doubt in painful bite size chunks) attention may still shift to France and the exposure of its banks, specifically in relation to Greece’s impending default which as a continual narrative appears to have disappeared from the
Will France's Credit Rating be Targeted Irrespective of any Eurozone Solvency Solution? Read More »
We’ve covered the subject of the 3Ms many times – money management, mind and method. The money management aspect of trading, or position sizing was discussed in a recent article on this FXCC blog. Method, otherwise known as the strategy or technique you employ; mechanical, discretionary or a combination of both, will increasingly feature on
Psychology in Forex Trading Read More »
So that’s it, the debate is over, the bunting can be put up, street parties can be held in every street throughout Europe as ‘D’ day is with us, the bail out fund lives and we can all breathe a little easier. Other than Bloomberg copy writers obviously, who’ll now have to find someone else
The €2 Trillion Eurozone Bail Out Fund is Born Read More »
