Nidal Thuminat

Global markets recover during the overnight and morning session on Friday after Thursday’s rout, U.S. dollar continues to slip, after interest rate cut rumours persist.

Forex Trading Articles, Market Commentaries

After global equity markets experienced a sell off across the board during Thursday’s trading sessions, Asian and European markets registered modest recoveries by 8:20am U.K. time on Friday, whilst USA equity market futures pointed to a positive open for the New York session. Chinese equity markets closed up; Shanghai Composite by 0.02% and the CSI […]

Global markets recover during the overnight and morning session on Friday after Thursday’s rout, U.S. dollar continues to slip, after interest rate cut rumours persist. Read More »

U.S. equity indices and USD crash as market sentiment turns bearish, due to China trade concerns.

Forex Trading Articles, Morning Roll Call

European and USA market sentiment reversed during Thursday afternoon’s New York trading session, following on from Chinese equity markets selling off sharply, during Thursday morning’s Asian trading session. The slump over the past twenty four hours, in global equity markets, wasn’t necessarily related to any social media narrative published by the Trump administration, or defensive

U.S. equity indices and USD crash as market sentiment turns bearish, due to China trade concerns. Read More »

Risk-Reward Ratio: Crafting a Fail-Safe Money Management Plan in Forex

Money management, risk and probability, three of the major overlooked concepts involved in FX trading.

Forex Trading Articles, Market Commentaries

One discussion which many experienced and successful, independent, retail FX traders will enjoy having with other traders, involves what they would have done differently, with the benefit of hindsight? What would they have done back in the day, when they first started trading, based on the knowledge they’ve now acquired? The answers are remarkably consistent.

Money management, risk and probability, three of the major overlooked concepts involved in FX trading. Read More »

German growth rises as forecast, as consumer growth spikes, sterling continues its slump.

Forex Trading Articles, Market Commentaries

Consumer spending rose in Germany by 1.2% in the first quarter of 2019, German capital investment rose by 1.1%, whilst government spending fell by -0.3% in the same period. The figures painted a healthier backdrop for the German economy, that in Q3 to Q4 threatened to contract into a recession. Overall GDP growth for Q1

German growth rises as forecast, as consumer growth spikes, sterling continues its slump. Read More »

Sterling briefly rises as rumours circulates in Westminster that Theresa May was resigning, Canadian dollar falls, as retail sales beats forecasts but oil price slumps.

Forex Trading Articles, Morning Roll Call

The U.K. pound rose marginally in early evening versus its peers, as a consequence of political rumours prime minister May was scheduled to immediately resign, after her revised withdrawal agreement (WA) spectacularly backfired on Tuesday. Perhaps, after being caught short on Tuesday, after a revised WA agenda offering a referendum proved to be a largely

Sterling briefly rises as rumours circulates in Westminster that Theresa May was resigning, Canadian dollar falls, as retail sales beats forecasts but oil price slumps. Read More »

FX markets are mostly reactive and not predictive, therefore, FX traders must remain vigilant to breaking news events at all times.

Forex Trading Articles, Market Commentaries

It’s often stated that FX markets are random, however, this claim is generally misunderstood. FX markets respond to economic data and calendar releases, they also react to breaking political developments and economic news, not necessarily listed on the economic calendar. This isn’t random behaviour, in fact it’s highly predictable on many levels. For example; if

FX markets are mostly reactive and not predictive, therefore, FX traders must remain vigilant to breaking news events at all times. Read More »

Yen registers marginal gains versus peers as trade data hints at improvements, sterling continues its Brexit related fall, whilst investors await FOMC meeting minutes.

Forex Trading Articles, Market Commentaries

Japan’s latest import, export and trade balance figures were published in the Sydney-Asian trading session; exports fell by -2.4% year on year up to April, with imports rising by 6.4%, machine orders rose by 3.8% in March. Imports rising in tandem with machine orders, points to Japanese firms gearing up to increase manufacturing and production,

Yen registers marginal gains versus peers as trade data hints at improvements, sterling continues its Brexit related fall, whilst investors await FOMC meeting minutes. Read More »

Sterling whipsaws in a wide range versus peers, as a new Brexit deal is offered by prime minister May to Parliament, U.S. equity indices rise as trade war fears recede.

Forex Trading Articles, Morning Roll Call

The U.K. prime minister delivered a speech, offering up a new withdrawal agreement (WA) to Parliament, on Tuesday. A speech in which she promised various improvements, to get the deal through the House of Commons by way of a vote, in the first week on June. The most surprising element of the revised offer, involved

Sterling whipsaws in a wide range versus peers, as a new Brexit deal is offered by prime minister May to Parliament, U.S. equity indices rise as trade war fears recede. Read More »

How to Use the Jaroo Price Action Strategy

Building a simple FX trading strategy, slowly and surely, piece by piece.

Forex Trading Articles, Market Commentaries

Peruse many of the most popular trading forums and in the sections listed as “trading strategies”, you’ll see thousands of posts, by individual members, who are convinced they’ve discovered a trading edge. Which they’re convinced they can repeatedly use; session after session, day after day, to extract profit from the FX markets. The natural conclusion

Building a simple FX trading strategy, slowly and surely, piece by piece. Read More »

Mario Draghi’s speech, the latest U.K. CPI readings and the FOMC meeting minutes, are high impact events likely to move the value of EUR, GBP and USD.

Uncategorized

At 8:30am U.K. time, on Wednesday May 22nd, Mario Draghi, the President of the ECB, will deliver a speech in Frankfurt. The event is listed as high impact on the economic calendar due to the range of issues Mr. Draghi could cover in his address. Subjects such as: Eurozone GDP growth, inflation, monetary policy stimulus

Mario Draghi’s speech, the latest U.K. CPI readings and the FOMC meeting minutes, are high impact events likely to move the value of EUR, GBP and USD. Read More »