The Trump flagship tax reform programme took a step closer to becoming law on Tuesday. Having passed a vote in the House of Representatives, the bill now passes to the Senate for final approval on Wednesday, before Trump gets the opportunity to sign off the reduction into becoming law. Questions as to what it must […]
Ask a colleague, friend, or family member what they knew about Bitcoin, or crypto currencies back in 2015 and the likelihood is that you’d be faced with a blank stare. This year the Bitcoin phenomenon has truly gone mainstream. It’s impossible to compare the mania and craze to recent stock market events, such as the
Trump was inaugurated in January, having been successful in the USA’s election with the pitch to “make America great again”. It’s taken a year for his Republican Party to finally arrive at the stage were just one of his key election promises looks like it’s coming to fruition; tax cuts. However, the USA electorate were
It’s fascinating watching television coverage of the markets, particularly when, for example, Bloomberg switch to a trading floor at the NYSE. As far back as 2010, estimates suggested that between 50-70% of all stock trading on Wall Street was conducted by high frequency trading algorithms. As we reached 2012 the leading USA investment bank Morgan
We traded manually, then we traded with automation, then we moved into machine learning Read More »
As widely expected the FOMC raised the upper bound interest rate to 1.5%, the Fed’s committee also confirmed that it would begin to reduce it’s massive $4.5 trillion balance sheet, by $20b a month, beginning in February 2018. The FOMC also committed to repeat the exercise witnessed in 2017; raising interest rates three times in
Outside of the fundamental analysis we have to continually conduct, concerning the economic calendar events that are released and published each trading day, we also have to develop skills in order to learn how to analyse technical analysis. Whilst we have to learn to analyse both of these distinct and influential factors, we also have
Brexit, its past, present and future impact on the value of the U.K. pound Read More »
On Friday December 8th at 13:30pm GMT, the BLS department of the U.S. government will publish its latest NFP (non farm payroll) data reading and its last for 2017. Combined with this NFP data another crucial economic calendar metric, the latest unemployment data, will also be delivered, currently at 4.1% the forecast is for the
Will the final NFP reading of 2017 finish with a bang, or a whimper? Read More »
Trading will often try the patience of saints. Even patient, calm, decisive people, who pride themselves over how they’ve developed emotional control over their decision making and the measured way they navigate through their own personal lives, have been known to smash keyboards and trash their home office space, during their formative trading months and
Patience and its relevance to Forex Trading Read More »
Randomness could be defined as the lack of pattern or predictability in a series of events. A random sequence of events, symbols or steps, appears to have no order and fails to follow an intelligible pattern, or any combination. If you get a group of traders together for a discussion on their craft, one of
Are the movements in Forex Markets random? Read More »
Only a tiny percent of retail traders will ever make it. There’s lots of information, data and opinions on this subject, but none of it is conclusive or definitive. We read that 95% of traders fail, that only 1% of forex traders make a living trading and that the vast majority of traders give up
A few Forex Trading myths; discussed and debunked. Part two Read More »
