From time to time it’s worth reminding ourselves why we came into this industry and in doing so we’ll hopefully redefine our vigour, our purpose and personal targets. There is no disguising, or any added sophistication needed in order to explain why the vast majority of us come into retail trading and we want to […]
There was a late selloff in the USA on Wednesday which left investors temporarily bemused, however, the bemusement was temporary as the news that one of the major USA banks, Citigroup, failed the stress test and other major banks in the USA will have to modify their business plans was the cause of the sudden
Citigroup fails USA Fed stress test as its shares fall 4% in late trading Read More »
In the overnight-early morning session the focus was mainly on the speech given by the RBS governor Stevens in which he delivered a very upbeat narrative on the state of the Australian economy causing the Aussie indices to rise significantly and the Aussie to rise versus the majority of its major peers. This commentary came
There is one aspect of trading that none of us are prepared for once we discover trading and immerse ourselves in the process – trader pain. There isn’t a trader we’ve met through the years, conversed with over the telephone, or through email who hasn’t experienced the emotion of pain when trading. For the vast
There were three key releases from the USA which overall delivered fairly mixed messages regarding the USA consumer’s appetite for risk and their overall sentiment. From the USA we received the latest Conference Consumer Confidence index print which showed an improvement month on month. Rising to 82.3 from the previous reading of 78.3 in February.
From the Conference Board overnight we received the latest print regarding China’s economic performance with the LEI showing a reading of 282.4, up by 0.9 on the month. From the UK the latest inflation figures are in showing that the UK’s CPI inflation rate has fallen to its lowest level since 2009 at 1.7% year
UK inflation reaches five year low as UK house prices reach five year high Read More »
The majority of readers of blogs and forums are relatively new to trading, in as much as they’ve been trading for less than five years. During that time they’ll have experienced just about every market condition the markets can create. In fact since 2008/2009 we’ve witnessed incredible ‘once in a lifetime’ turmoil in our markets.
Equity indices sold off sharply during the two trading sessions on Monday due to the participants at the G7 meeting suggesting that more sanctions and pressure could be applied to Russia for its encouraging of a annexation of the Crimea. In the USA the disappointing data print from Markit did little to cheer the USA
There was mixed news regarding the various European Markit Economics PMIs that have been published this morning. The French Composite PMI reading for services and manufacturing has grown significantly, the print came in at 51.6, the rate of expansion was the sharpest in 31 months. Similarly, although Germany’s reading was down on that in February
France leads the way with a sharp increase in its Markit Economics Composite Read More »
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
Trend analysis for the week beginning March 23rd Read More »
