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Feb 8, 19 •
1829 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 •
1483 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 •
1422 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 •
1452 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 •
1223 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 •
1349 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 •
1348 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...
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Feb 6, 19 •
1239 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Trump delivers divisive state of the union address, Germany’s factory orders surprisingly slump by -1.6%
The state of the union address is an annual event in which the USA President delivers an oratory outlining where the country is, in terms of economic performance and social cohesion. Generally regarded as an opportunity for the sitting President to humble...
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Feb 6, 19 •
1346 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on GPB/USD falls through a key level, as traders bet on no deal Brexit, USD rises as Trump prepared to deliver the state of the union address
Cable (GPB/USD) slumped through the key handle of 1.300 during Tuesday’s afternoon trading session, close to the 200 (DMA) daily moving average, which is a level that many institutional FX traders will use, to determine long term bullishness, or bearishness...
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Feb 5, 19 •
1547 Views •
Forex Trading Articles, Market Commentaries •
Zahir Shah
Comments Off on Understanding risk and probability and how these factors effect our trading, whilst using stops to limit traders’ risk
Trading coaches and experienced traders, will offer up various analogies and imagery for the justification of why you should always use stops when trading. For novice traders an example might be learning to ride a bike as a child; you’d start off using...