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Dec 14, 20 •
1630 Views •
Market Commentaries •
saed shalabi
Comments Off on Brexit talks extended while Democrats, believe the pandemic bill gets agreed in full on Monday
One of the significant macroeconomic issues currently dominating western markets looks as if it’s finally heading for a resolution while another appears set for a further extension. Pandemic Relief Bill will get agreed according to Democrats News emanating...
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Dec 11, 20 •
2151 Views •
Is The Trend Still Your Friend •
saed shalabi
Comments Off on WEEKLY MARKET SNAPSHOT 14/12 – 18/12 | EUR/GBP reaches high not seen since September as Brexit talks crash onto the rocks
There are times if you trade forex, indices and commodities when the macroeconomic issues overshadow the events listed on your economic calendar. The current situation should serve as a prompt that your fundamental analysis skills and knowledge must extend...
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Dec 11, 20 •
1632 Views •
Market Commentaries •
saed shalabi
Comments Off on Euro reacts positively to the ECB decision to extend stimulus
On Thursday, the ECB (European Central Bank) kept rates unchanged and agreed to increase the Pandemic Emergency Purchase Programme by an extra €500 billion to €1.85 trillion and extend it to the end of March 2022 to maintain liquidity and shore up the...
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Dec 10, 20 •
1431 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Less can be more when you trade forex
If you’ve noticed that the euro has risen significantly versus its peers during 2020, then you’re not alone. Euro trading volatility has been higher than in previous years. Versus nearly all its main peers, the single trading bloc’s single currency has...
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Dec 10, 20 •
1191 Views •
Market Commentaries •
saed shalabi
Comments Off on Sterling trades in a wide range as Johnson desperately seeks Brexit deal from European peers
The UK prime minister headed to Brussels on Wednesday to seek a last-minute deal from Europe as the Brexit clock ticks down. The UK continue to use the distraction of fishing rights and sovereignty as the stumbling blocks, and that pitch and deflection...
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Dec 9, 20 •
1245 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Are you sticking to your trading plan, if not, why not?
Novice FX traders are naturally very eager to trade the markets, and this impatience often causes them to overlook the importance of creating a trading plan as soon as possible. In some ways, this oversight is understandable because it’s a chicken and egg...
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Dec 9, 20 •
1259 Views •
Market Commentaries •
saed shalabi
Comments Off on US equity markets print record highs sterling trades in narrow ranges despite Brexit talk progress
Another trading day and both the SPX 500 and the NASDAQ printed record highs. The catalyst for the fresh peaks were the UK/Pfizer Covid vaccine roll-out and progress made on the approximate $1 trillion fiscal stimulus package the US Senate is looking to seal...
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Dec 8, 20 •
1592 Views •
Forex Trading Articles •
saed shalabi
Comments Off on The surgical precision of the FX trader
Many of us use modelling to gain success. We observe who’s been successful in a particular career, and we model ourselves on that person. You might want to be the next Warren Buffett, so you look at how he invests, what investments he makes and crudely copy...
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Dec 8, 20 •
1317 Views •
Market Commentaries •
saed shalabi
Comments Off on GBP-USD falls from two year high due to Brexit concerns
Sterling fell by over 1% from last week’s two-year high to trade as low as $1.328 during Monday’s trading sessions, before trimming some losses to trade around $1.33 during the New York session. The currency pair GBP/USD traded in a wide range, breaching...
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Dec 7, 20 •
1557 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Trading what you see on your FX charts not what you think is highly relevant right now
Many cliches and phrases have developed in the retail FX trading community, and several stand up to the test of time. Some of the more poignant expressions you’ll see stamped on trading t-shirts as well as our consciousness, yes, some websites do sell these...