Forex Trading and Miscellaneous

We acknowledge that the forex market is the largest global trading market there is. As an entity that turns over circa $5 trillion each trading day, we could also put forward a claim that it’s the greatest example of efficient market hypothesis there is. The forex market moves in perfect unison with global sentiment relating

Germany’s latest manufacturing factory orders continued to free-fall according to the latest data reported by Germany’s statistics agency Destatis on Friday morning. Month on month orders slumped by -2.2% for May, year on year orders have fallen by -8.6%. The -4.3% drop in foreign orders during the month is the major cause of concern for

The phrase “sell in May and go away” is thought to originate from an old English saying; “sell in May and go away and come on back on St. Leger’s Day.” This phrase refers to the custom in previous times when: aristocrats, merchants, and bankers, would leave the polluted city of London and escape to

At 5:30am U.K. time, on Tuesday June 4th, the RBA, Reserve Bank of Australia, will announce its decision regarding the country’s key interest rate. The RBA kept the cash rate at a record low of 1.5 percent at the culmination of their May meeting, extending the record period of monetary policy inaction and defying any

As President Trump boarded the famous airforce one presidential jet, to come to the U.K. for a three day state visit, he had already fired off a volley of controversial statements. He reaffirmed his support for Tory leadership candidate (and de facto prime minister) Boris Johnson, he also suggested the leader of the right wing

If you converse with experienced retail traders, regarding the mistakes they wished they’d avoided when they first discovered and began trading the markets, they’ll often point to understanding and applying the concepts of: money management, risk and probabilities. These three factors are inextricably linked. Successful traders, whether institutional or retail, will also state they should

In the overnight Sydney-Asian sessions, on Thursday night/Friday morning, a raft of data concerning Japan’s economy was published. The majority of the readings came in as forecast by Reuters, with industrial production improving. However, Japan’s retail performance fell, both month on month and year on year, whilst construction output slumped by -19.9%, with housing starts