Forex Trading and Miscellaneous

The U.S. dollar crashed in 2017, the reasons were two fold involving Trump’s fiscal stimulus; the tax reform programme and the suggested infrastructure programme spend. Analysts and investors quickly “did the math” and calculated that the fiscal drag on the USA and as a consequence the USD, would be significant. The ten year cost of […]

Whilst the Trump administration recently confused and contradicted itself regarding the merits of a low or high value USD, many analysts and economists who will be close to the USA administration, as well as the FOMC committee members and their team of advisors, will know that the USA has to find a balance for the

The general consensus opinion delivered by market analysts that sterling recovered in 2017, after suffering a severe sell off due to the referendum shock vote in 2016, deserves closer scrutiny. Many mainstream financial analysts pointed at cable (GBP/USD) to prove the recovery theory, completely ignoring the fact that the rise of the pound versus the

Overcoming and controlling our emotions can be a considerable barrier to overcome. To suggest to a relatively inexperienced trader, that they’ll eventually overcome one of their major trading issues and that it just takes time, provides very little in the way comfort, particularly when traders are struggling. Neither does the suggestion that automation may help,

There’s hardly a day goes by, when we don’t hear reports on the rising record USA equity indices, during 2017 the rise of the three main USA markets; DJIA, SPX and NASDAQ was unprecedented, an approx. 30% YoY growth across the board. With FAANG stocks (Facebook, Amazon, Apple, Google and Netflix) up over 40% during

The word scalping is one of the most understood words and concepts in our industry. Ask the majority of retail traders what the concept of scalping means to them and they’ll generally cite that it’s a method to aim to take a small amount of pips out of the forex market, in a short period

The financial mainstream media has been recently full of articles regarding the rise of sterling during 2017 and its continual rise in 2018. The press became extremely excited on Thursday January 25th as GBP/USD rose through the 1.4300 handle, before retracing to circa 1.4100, a level approaching the pre Brexit referendum vote. As forex traders

In a relatively quiet week for economic calendar news and events, the mainstream financial media chose to concentrate on two issues from Monday onwards; the inevitable resolution to the USA Federal government shutdown (a deal was reached to keep the system limping along for another three weeks) and the gathering of leading: business people, economists,

We’re constantly analysing our trading performance on a short term basis, we can clearly see it in our rolling profit and loss statement, or at the end of the day (EOD). Over a short period of time, after our introduction to forex trading, we’ll also become proficient at using the back testing mechanisms on our

Over recent weeks there’s been a surge in the search term “buy bitcoin with credit card”, the rise corresponded with the huge spike in the price of BTC, which saw price rise to circa 20,000 in December 2017, from 8,000 in October. Price then fell to 10,600 on December 22nd, wiping off circa 40% of