Forex Trading and Miscellaneous

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

It’s all too easy to dismiss certain indicators as having little use or value, Elliott wave theory has many fans and equally as many detractors. Metrics that attempt to identify market sentiment and psychology will always be treated with skepticism, therefore the precise technical analysts in our community, will always question the value and validity

Over recent days the SNB revealed the profits it made for 2016, yes that’s right you read it correctly; a central bank that makes profits. They don’t quite conduct themselves in the manner of most central banks, such as the Fed, ECB and the BoE. Not only does the bank invest/speculate on currency movements, it

As we’ve now entered the New Year it’s worth reflecting on our achievements in 2017, in relation to the ambitions we originally set for ourselves at the start of the year. Did we reach our targets, did we grow our trading account by the percentage we targeted? Did we stick to our trading plan and

Bitcoin and crypto currencies were not only the hottest topic amongst many forex traders in 2017, they also became a hot topic in the mainstream media. Hardly a day passed without news channels in the USA and U.K. covering the subject of bitcoin. Naturally, when an investable product rises by circa 1,500% in a year,

Political analysis is often confused with fundamental analysis, however, the two separate phenomena and the skills required to identify and translate the entities into coherent trading decisions, shouldn’t be confused. We should be aware of and fully conversant with the impact medium to high impact news releases have on our trading. The vast majority of