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Apr 14, 17 •
2767 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Thinking like a strategist, your Forex Trading plan
Novice traders are continually reminded of the importance and value of creating a trading plan and just as importantly sticking to that plan, once you have full confidence in it. Thereafter, the trading plan you’ve worked on studiously to perfect,...
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Apr 13, 17 •
2226 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Forex Fundamental analysis: Reading the inflation reports
We constantly recommend that both novice and intermediate level traders bookmark the economic calendar, as in the opinion of many analysts and market economists, it is one of the most valuable trading tools there is. There is little argument, between...
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Apr 11, 17 •
2187 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on 200 Simple Moving Average, a common indicator for traders and analysts
One of the common mistakes novice and intermediate level traders endureis painfully cluttering their charts (with just about every indicator ever invented), to then (by accident as much as design), discover what works and more importantly works for them. Once...
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Mar 30, 17 •
2298 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Fundamental analysis of Markit Economics’ PMI data
Fundamental analysis can be broken down into several sectors and sections within its overall, umbrella description. There’s data procured and published by governments, or quasi governmental bodies, such as the: UK’s ONS (official national...
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Mar 28, 17 •
2005 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Testing your ability to forecast the impact of an upcoming fundamental news event
Experienced and successful traders (you can’t be one without being the other), will always testify that it’s fundamentals that drive our FX markets and many of us in the analyst community will never tire of constantly reminding you that the...
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Mar 25, 17 •
2129 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Why are you trading, what’s your goal, what’s your end game?
Many of us recoil when confronted with motivational talking and writing, particularly when it’s aimed at us FX traders. You’ll recognise the style of writing by now; “stay positive and think your way to profitability”, “you can...
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Mar 21, 17 •
3629 Views •
Forex Trading Articles •
Zahir Shah
3 Comments
There is undoubtedly a romance involved in trading, many of us enjoy discussions surrounding Fibonacci due to its romanticism. The mathematical purity, history, the links to nature and the infinite qualities simply adds to its legendary allure. There are...
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Mar 16, 17 •
2630 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Understanding the idea of Forex Trading
According to various recent data sources, the average profile of a private (retail) forex trader is similar to that published by both the ECB and Citigroup in 2014. They cited that traders are predominantly male and have a median age of thirty five. There...
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Mar 15, 17 •
4120 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Understanding the risk warning and identifying the risks
Forex brokers should take their responsibilities seriously, that’s why most go to careful lengths to explain the process and the overall risks involved with trading to their customers. In fact the message and narrative regarding risk is often that harsh...
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Mar 14, 17 •
2983 Views •
Forex Trading Articles •
Zahir Shah
1 Comment
Many of us (of a certain age) were big fans of Star Trek, the original series with William Shatner playing James T. Kirk. As kids we were mesmerised by the phaser and the communicator gadgets. The most memorable message delivered into the communicator by Kirk...