In overnight news Japan took centre stage with a poor consumer sentiment publication, the index falling to 40.5. But this medium impact news release was overshadowed by the high impact news release revealing that Japan’s record balance of payments deficit came in ahead of the last print, but just short of the prediction made by […]
Japan posts record balance of payments deficit at $6.2 billion for December Read More »
Our swing trend analysis will begin by featuring the fundamental policy decisions and high impact news events that will fashion the week’s sentiment and therefore could dictate any significant market moves. Thereafter we’ll move on to discussing the technical analysis by way of using the majority of the most commonly used and accepted trend trading
Trend-swing analysis for the week starting February 9th Read More »
Looking at the latest UK news the index of production in the UK has risen to 0.5 in the last Q of 2013 just below the 0.7% rise many analysts forecast. Manufacturing has risen sharply in the period temporarily defying those who continually suggested that the UK’s economic growth is unbalanced. In other UK news
UK production rise moderately, as all eyes begin to focus on the NFP print Read More »
As we continue our short series on the most popular indicators swing traders prefer to use, we move onto one of the first indicators novice traders will experiment with – the MACD, or the moving average convergence divergence. It’s visual simplicity and its ability as a histogram visual to display price action (across many time
The MACD, what it is and why it ‘works’ for swing traders if allowed to do its job… Read More »
Both the UK’s and Europe’s central bank decided to keep their base interest rates at record lows on Thursday, the ECB’s decision not to lower and the accompanying narrative courtesy of the bank President Mario Draghi, caused the euro to power through R1 and many European indices to rally in correlation. In other positive news
Asian markets were calmer in the overnight-early morning trading session as Australian equities have been buoyed by strong economic data, but the overall mood has improved from a cautious start in Europe and in the futures markets as traders await monetary policy updates out of Europe today as well as Friday’s US NFP jobs report.
How’s your Sharpe ratio* at the moment, or your Sortino ratio*, are they where you’d expect them to be, perhaps after a full twelve months of trading using your revised (tweaked) trading strategy? Even with that one introductory sentence we know a significant percentage of our readers will already be lost… However, fear not dear
Recording the results of our trades and why it’s so important to keep records Read More »
Just as the UK appeared to be clawing itself slowly from a deep recession, fresh data, delivered on what appears to be a daily basis, is throwing into question the accepted wisdom that the UK is straining at the leash to leave its recent darker days behind. The latest concern, which didn’t flag up as
Retail sales in Europe came in significantly below expectations in this morning’s data published by Eurostat. Analysts had expected a fall of circa -0.7%, however, at -1.6% down the figure has taken the analyst community by surprise. It must be taken on board that this is an ‘official’ stats release and not a survey published
Analysts wrong footed as the volume of retail trade falls by 1.6% in euro area Read More »
After it’s circa 325 points sell off on Monday the DJIA settled to close up 0.47% on the day on Tuesday. Still below the critical handle of 15,500 which (with hindsight) very few analysts expected to be breached within a week of the USA FOMC’s taper being increased, albeit by only $65 billion when the
