Shortly after finding our industry and then plunging head first into our unique world and environment, we come across many strange industry terms and references. One term we quickly see referenced on many forums and blogs are the words, “Holy Grail”. In medieval legend the Grail was the cup or platter used by Christ at […]
There is a ‘Holy Grail’ of trading is, but it’s not as we’d imagined it to be Read More »
Inflation in the EU has fallen to what many analysts and policy makers are fearing could be “dangerous” deflationary levels. The inflation rate has fallen by 1.1% in the year to date to reach 0.8%. This level could cause policy makers in the ECB to consider using one of two tools they have in their
In the UK the news that the property market is beginning to fire on all cylinders was re enforced by two news items, firstly there is a return to what’s termed gazumping and secondly prices in the London capital, according to Rightmove, have reached a new recorded high of £555K. However, it actually gets worse
UK house prices increase, consumer confidence improves in New Zealand 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 Sunday 16th March Read More »
Germany’s inflation appears under control based on the value of consumer prices which have risen by 1.3% year on year to February according to the latest stats published this morning by Germany’s official stats agency. The UK’s official stats agency the ONS also published some key data this morning regarding the trade balance of the
Many FX blog writers and contributors to FX forums will often quote which FX pairs are their “favorites to trade”. They’ll also often allude to the special characteristics of their favourite currency pairs and how these pairs (in their opinion) act differently on their charts to many others. And yet if we ask professional and
In many ways the markets were delivered some positive data on Thursday; USA unemployment claims fell by 9000 week on week, with the four week moving average decreasing by over 6000. Retail sales in the USA also came in ahead of expectations as the reading rose for the first time in over three months. Also,
French inflation has come in slightly ahead of expectations slightly dampening concerns that deflation may be becoming an issue for one of the largest global economies. After the RBNZ released their publication, revealing that they’d decided to hike interest rates by a quarter of one percent, Australia weighed in with, what on the face of
French CPI rises in February, whilst China data disappoints again Read More »
In a recent article we discussed how many of us within our trading community appear to be genetically programmed to struggle with trading. We then went further and questioned whether or not we’re all biologically programmed to suffer some form of cognitive dissonance were trading is concerned, especially given what we need to do in
Are successful traders born or made? Read More »
Many analysts predicted that the RBNZ would raise the base rate by 0.25% when they met this Wednesday evening, the impact on the kiwi was immediate and now swing (and or position) traders will await to see if the rate rise will propel the kiwi to greater heights, or if the rise has already been
