Forex Trading and Miscellaneous

You could answer the question in the article title easily with the single word reply; “automate”. In many ways it’s the solution to many trading problems, were emotional control is involved. However, many day traders and scalpers can’t or won’t automate, they trade manually as they prefer the overall sense of trading control it provides. […]

Despite various polls and mainstream media sources, predicting massive gains for extreme right wing parties in the European elections, the social democrats, liberals and conservatives, held their ground. The populist movements recorded scant gains, as voter turnout across the continent rose to 51%. The European Parliament will remain under the control of pro European parties.

Traders should ensure they understand the phenomenon of risk on risk off. Often referred to as “RORO”, identifying such market condition can help traders to improve their decision making. When investor and market sentiment is high and bullish, investors take risk on. When investor and market sentiment is low and bearish, investors take risk off,

After global equity markets experienced a sell off across the board during Thursday’s trading sessions, Asian and European markets registered modest recoveries by 8:20am U.K. time on Friday, whilst USA equity market futures pointed to a positive open for the New York session. Chinese equity markets closed up; Shanghai Composite by 0.02% and the CSI

One discussion which many experienced and successful, independent, retail FX traders will enjoy having with other traders, involves what they would have done differently, with the benefit of hindsight? What would they have done back in the day, when they first started trading, based on the knowledge they’ve now acquired? The answers are remarkably consistent.

Consumer spending rose in Germany by 1.2% in the first quarter of 2019, German capital investment rose by 1.1%, whilst government spending fell by -0.3% in the same period. The figures painted a healthier backdrop for the German economy, that in Q3 to Q4 threatened to contract into a recession. Overall GDP growth for Q1