So you come into this industry (finding it by accident or design) bright eyed, innocent and with massive over ambitions. Then after a few months of fighting with our friend Mr. Market you begin to accept that the ‘game’ is not a walk in the park and you’re going to need to roll your sleeves […]
As a novice trader what have you learned so far? Read More »
There was something entirely predictable with regards to the ending of the FOMC meeting and the announcement that the Fed is cutting monetary easing by $65 bn, ten billion less than previously. Firstly, it met the expectations of the majority of the economists polled by Reuters and Bloomberg. Secondly, the markets reacted as predicted with
It’s easy this central bank governing thing isn’t it? Economy needs a turbo boost? Start the engines of the printers and create massive amount of liquidity to give the banks by purchasing their..ahem..’assets’ that they want out of. They’re then free to play more of the games that caused the system to nearly have a
There is a certain trading myth that has stood the test of time. It concerns picking your trading time frame and method in order to ‘match’ your personality. The myth suggests that if you’re a adrenaline junky you should trade off tick charts and other low time frames. But if you’re a laid back mañana
Which works best for you; short or longer term trading? Why not both? Read More »
The USA dominated the financial news on Tuesday, starting with durable goods orders which came in down -4.3% for December, after a 2.6% rise in November. Now despite missing expectations (by some margin) and many analysts being shocked, if we take a cursory look at the prints throughout 2013 we can clearly see falls of
The news this morning, that the UK’s economy has reached growth not seen since 2007, has got the UK’s financial news-writers very excited. The latest quarter’s growth came in just a tick below expectations at 0.7%, versus 0.8% previously. At 2.8% growth the figure is only marred by the fall in construction of 0.3% for
UK’s GDP rises to a six year high at 2.8% year on year Read More »
Regular readers will notice that we’ve used the strong bullish momentum move on the DJIA, witnessed breaking to the upside on or around December 18th, as an example of how fundamentals work in our markets. At the end of the FOMC meeting in December the Fed announced that the ‘taper’ was now on. They announced
Despite some extremely positive data from the USA, in the form of services PMI rising to a level not seen since September 2011, the USA markets refused to turn bullish and stayed on a downward trajectory, albeit the selloff was not as severe as experienced in the latter part of last week. The Markit flans
UK RBS bank still losing money whilst USA markets fail to react to positive PMI data Read More »
The trading landscape was dominated overnight and this morning by Japan’s shocking trade deficit which sent Asian shares into a death tailspin as investors and speculators once again questioned the wisdom of what’s become termed Abenomics. Devaluing yen dramatically has increased imports by twenty five percent, whilst exports have risen by fifteen percent in December
Fundamental policy decisions and medium to high impact news events that could affect market sentiment over the coming week This trend analysis will be broken down into two parts; fundamental analysis for the coming week to include policy decisions and high impact news events. Thereafter we’ll move onto technical analysis. The delivery of the fundamental
Trend analysis for the week beginning January 27th Read More »
