Maria Iacob

Positive data readings from the USA helps SPX reach a new record high

A raft of positive data readings from the USA ensured that a positive mood enveloped the USA bourses throughout the afternoon trading sessions. According to the ISM manufacturing report the USA economy grew for the 58th consecutive month and the manufacturing sector expanded for the 10th consecutive month. The ISM index optimism was supported by […]

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Chinese manufacturing PMI edges up in March as RBA keeps Australian base rate steady at 2.5%

Overnight we learned that the RBA, the central bank of Australia, (as expected) kept the base rate unchanged at 2.5%. In the statement accompanying the base rate decision the RBA cited improved economic conditions and performance globally, particularly in China, as reasons why the RBA decided to leave the base rate unchanged. There has been

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System hopping can kill your account balance more quickly than poor trading

So we worked on our trading plan over several months, we honed the critical three Ms of: mind-set, money management and method. And arguably the fourth M; our motivation, was also at a high, given that we were convinced that our method, tried out in demo forward testing, after back testing vigorously over recent months,

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USA markets rally as Janet Yellen promises more stimulus for the USA economy

The main markets in the USA rallied hard on Monday due to the subject of QE returning to the investment landscape. Naturally, the tapering that the Fed are currently engaged in will be brought into question after Federal Reserve Chairwoman Janet Yellen stated on Monday that the recovery still feels like a recession to many

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Germans go shopping in 2014 whilst sales of new homes in Australia increase markedly

Despite not all of its leading economic indicators being as positive as other leading global economies Germans do appear to have an elevated belief in the quality of the recovery witnessed over recent years. According to stats released this morning retail turnover in Germany has increased by circa 2% in real terms February 2013 –

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Swing/trend analysis for the week beginning March 31st

Our weekly trend/swing trading analysis consists of two parts; firstly we analyse the fundamental policy decisions and news events for the coming week. Secondly we use technical analysis in an attempt to determine any potential trading opportunities. Traders reading our key calendar events for the week should note the predictions, as any deviation, from that

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UK’s trade deficit worsens and misses expectations by some distance as GDP for the UK comes in at 0.7% for the quarter

As predicted by many analysts the UK’s GDP figure for the last quarter available came in at 0.7% taking annual growth up to 2.7%. One interesting stat from the print concerns the UK saving ratio which is now at 5.1% for 2013, versus 7.3% in 2012. The UK’s balance of payments came in way below

UK’s trade deficit worsens and misses expectations by some distance as GDP for the UK comes in at 0.7% for the quarter Read More »

How copy trading can provide an excellent interim learning method for traders suffering from a crisis of confidence, or profitability, or both

Copy trading is a relatively new phenomenon in our trading world and as a consequence it’s still very much misunderstood and often maligned. The procedure and process is very straightforward; many brokers, who offer copy trading services, have a leader board of client-traders who have decided to share their trading history, for a small fee

How copy trading can provide an excellent interim learning method for traders suffering from a crisis of confidence, or profitability, or both Read More »

USA bourses close down marginally despite the mainly positive high impact news events

The main bourses in the USA closed down marginally on Thursday despite there being some positive data published regarding the USA economy. The USA weekly unemployment claims fell to 311K a fall of 10K on the previous week whilst the 4 week morning average fell to 317K a fall of circa 9.5K. Also the USA

USA bourses close down marginally despite the mainly positive high impact news events Read More »

UK retail sales rise by 1.7%, ahead of analysts’ expectations of 0.5%, as Ukraine gets cash loan agreement from the IMF

Despite the lacklustre retail figures over the Xmas period and the harsh (and very wet) weather experienced in January and February in the UK, retail sales have posted a very healthy increase in the latest print, courtesy of the UK’s official stats body the ONS. The monthly figure was a very credible 1.7% increase, whilst

UK retail sales rise by 1.7%, ahead of analysts’ expectations of 0.5%, as Ukraine gets cash loan agreement from the IMF Read More »