Forex Trading and Miscellaneous

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, should never be abandoned. It should only be fine-tuned, whilst you perfect your overall trading […]

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 fundamental analysts and technical Chartists, that  and political events move the Forex markets and in

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 we identify what is working for us, we then embark on a decluttering process eventually

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 statistics), Eurostat (self explanatory) and the BLS (bureau of labour statistics) in the USA, who are responsible for the publication of

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 economic calendar is one of the most valuable tools at your disposal. As a simple

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 win big, if you dream bigger”, “use the rocket, but aim past the stars”. There’s many other equally

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 several other mathematical models associated with and often applied to trading, that evoke both a sense

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 were approximately four million traders spread across the globe, according to

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 and stark you’d be forgiven for thinking that brokers are attempting to put potential clients

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 and his trusty officers; “beam me up Scotty” has entered