“Taper tantrum” is the term used to refer to the 2013 surge in U.S. Treasury yields, which resulted from the Federal Reserve’s use of tapering to gradually reduce the amount of money it was feeding into the economy. Traders and investors may recall the phrase “taper tantrum”. The Fed was only considering cutting back on […]
Mario Draghi, the president of the ECB, is apparently concerned that the euro is too high versus USD. EUR/USD recently breached the 1.2500 handle for the first time in over three years, he’s concerned that at this level it may harm exports and damage the (fragile) recovery the Eurozone is in, which is only circa
Currency wars; what benefits (if any) can they provide the Forex Trader? Read More »
Discussions have raged since the birth of internet trading and the creation of trading forums, regarding which overarching trading style/method represents the best option for both new and part time traders. Is it scalping, day trading, swing trading, or longer term investment/position trading? All have merits, none are wrong and so many times we’ll read
The U.S. dollar crashed in 2017, the reasons were two fold involving Trump’s fiscal stimulus; the tax reform programme and the suggested infrastructure programme spend. Analysts and investors quickly “did the math” and calculated that the fiscal drag on the USA and as a consequence the USD, would be significant. The ten year cost of
Dollar Trades lower despite Trump’s comments Read More »
Whilst the Trump administration recently confused and contradicted itself regarding the merits of a low or high value USD, many analysts and economists who will be close to the USA administration, as well as the FOMC committee members and their team of advisors, will know that the USA has to find a balance for the
At what point might the USA Fed and U.S. administration consider the USD to be too low? Read More »
The general consensus opinion delivered by market analysts that sterling recovered in 2017, after suffering a severe sell off due to the referendum shock vote in 2016, deserves closer scrutiny. Many mainstream financial analysts pointed at cable (GBP/USD) to prove the recovery theory, completely ignoring the fact that the rise of the pound versus the
Overcoming and controlling our emotions can be a considerable barrier to overcome. To suggest to a relatively inexperienced trader, that they’ll eventually overcome one of their major trading issues and that it just takes time, provides very little in the way comfort, particularly when traders are struggling. Neither does the suggestion that automation may help,
Emotions can be the biggest barrier to our forex trading outcome Read More »
There’s hardly a day goes by, when we don’t hear reports on the rising record USA equity indices, during 2017 the rise of the three main USA markets; DJIA, SPX and NASDAQ was unprecedented, an approx. 30% YoY growth across the board. With FAANG stocks (Facebook, Amazon, Apple, Google and Netflix) up over 40% during
The word scalping is one of the most understood words and concepts in our industry. Ask the majority of retail traders what the concept of scalping means to them and they’ll generally cite that it’s a method to aim to take a small amount of pips out of the forex market, in a short period
Can retail forex traders genuinely scalp trade the Forex markets? Read More »
The financial mainstream media has been recently full of articles regarding the rise of sterling during 2017 and its continual rise in 2018. The press became extremely excited on Thursday January 25th as GBP/USD rose through the 1.4300 handle, before retracing to circa 1.4100, a level approaching the pre Brexit referendum vote. As forex traders
