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Feb 11, 19 •
1899 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on What is FX price action, how can traders identify it and how can they potentially profit from it?
FX traders have to rapidly become conversant with many new concepts and the language that accompanies the various concepts. Not only do you have to learn the language of technical and fundamental analysis, you also have to quickly get up to speed with various...
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Feb 11, 19 •
1859 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on U.K. GDP growth contracts by -0.4% in December, highlighting the U.K. govt’s poor handling of Brexit
The U.S. dollar traded close to a six week high, versus a basket of its currency peers, during the overnight and early morning trading sessions on Monday February 11th. The upcoming USA-China trade talks begin this week, with the aim of discouraging the Trump...
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Feb 11, 19 •
1590 Views •
Forex Trading Articles, Morning Roll Call •
Zahir Shah
Comments Off on The March 2nd deadline for further Chinese tariffs has come onto investors’ radar, whilst the U.K. ONS publishes the latest data on GDP
Since experiencing a significant slump in December, USA, European and Asian equity indices have made significant recoveries in 2019. The potential resolution, to the ongoing tariff driven trade war between the USA and China, has provided the calm to pour over...
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Feb 8, 19 •
1820 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on How to cope with and trade FX markets when they whipsaw
Whipsawing FX markets, represent some of the most challenging trading conditions traders can face. Inexperienced traders, who are unfamiliar in witnessing such rapid change, can experience elevated levels of stress and perhaps incur unnecessary and avoidable...
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Feb 8, 19 •
1473 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Germany’s economy posts positive economic data, trade war fears rise as USA-China meeting cancelled
After a recent raft of negative data relating to Germany has been published, combined with economic calendar readings that have missed forecasts, the German economy has finally printed metrics that beat the forecasts, perhaps alleviating concerns that the...
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Feb 8, 19 •
1410 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on GBP/USD whipsaws in a wide range, as optimism regarding Brexit rises and falls Equity indices slump, as global trade fears resurface
The commentary regarding Brexit has varied dramatically over recent weeks, depending on where you obtain your news. Arguably, the most accurate and unbiased coverage, comes from the financial media, where they have no axe to grind politically. It’s the...
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Feb 7, 19 •
1441 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on After you’ve discovered what you think is your trading edge, you then need to sharpen up that edge.
The wide ranging subject of what is a trading edge and how you can use it to profit when trading markets, is one of the most actively discussed subjects, on many FX trading forums. A trading edge can be defined in many ways, in simple terms it’s a repeating...
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Feb 7, 19 •
1210 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Kiwi dollar slumps as New Zealand’s unemployment and employment data misses forecasts, U.K. house prices crash in the month of January
NZD/USD fell sharply in late evening trade on Wednesday, the fall continued through to Thursday’s early Sydney session, with the commodity currency pair trading down 0.30% by 9:00 am U.K. time. Unemployment in New Zealand rose from 3.9% to 4.3% in the month...
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Feb 7, 19 •
1341 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on The Brexit dialogue between the E.U. and U.K. takes an unexpected turn, the U.S. trade deficit for November beats forecast, as the country becomes a net exporter of energy
Equity markets in both Europe and the USA appeared to tread water during Wednesday’s trading sessions, with all the major equity indices oscillating in tight ranges, around the daily pivot points. After breaking up through the critical psyche handle of...
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Feb 6, 19 •
1340 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Why identifying handles is crucial when you trade FX and why you then have to handle the concept.
FX traders will often see reference to the concept of “handles” when they read market commentaries, or read suggestions regarding FX trading strategies. As nomenclature it’s not designed to sound impressive, or to confuse the uninitiated, the word is...