Zahir Shah

Although they’re often classed as “soft data” metrics, sentiment readings are invaluable when attempting to determine the direction of forex currency pairs. Examples of hard data economic calendar results would be: •    Unemployment •    Inflation •    Official economic numbers (manufacturing growth, GDP growth and interest rate decisions) Soft data would be classed as: •    Sentiment […]

It’s one of the most used (overused) tropes, in relation to technical analysis; “technical analysis lags, it can never lead” and in many ways such a claim is absolutely correct. The vast majority (if not all) of the technical analysis indicators we use, plot their path based on what’s happened and not what’s going to

I conversed with an old trading acquaintance recently, we first met over the internet, discussing trading ideas on a trading forum, back in the early part of this century. Wow, doesn’t that make me sound old? I’m only talking back in 2005, not 1905. Anyhow, the good news is that he’s still trading (successfully) part

Many experienced and by definition successful traders, are fond of referring to the 3 Ms principles of trading and insisting that you embed these principles into the trading plan you create, a working plan that you should never deviate from, other than with micro adjustments, in order to perfect your overall strategy. You’ll read and

After months of effort and much trial and error, you eventually develop and discover an edge, more importantly an edge that works for you. You don’t consider yourself to be a novice trader anymore. You’re also now mature enough to know that you haven’t discovered a fabled holy grail, as you’re wise enough to know

Many experienced traders would deliver a categoric “yes” as the answer to the question, others may deliberate for a while, before answering, “maybe”. And as is the situation with many questions, when discussing and seeking the answer to such binary/black and white questions, both responses would potentially be correct, in our highly complex world of

If you’re just starting to take your first steps in our forex industry, then welcome to our fascinating, challenging, at times frustrating, but incredibly rewarding industry. The vast majority of us will probably discover retail forex trading by accident, as much as by design. We may stumble across trading through an introduction, or through an