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May 24, 19 •
2487 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on How to spot when investors are moving into safe haven assets and how the move can provide simple FX trading opportunities.
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...
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May 24, 19 •
3256 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Global markets recover during the overnight and morning session on Friday after Thursday’s rout, U.S. dollar continues to slip, after interest rate cut rumours persist.
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...
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May 24, 19 •
3102 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on U.S. equity indices and USD crash as market sentiment turns bearish, due to China trade concerns.
European and USA market sentiment reversed during Thursday afternoon’s New York trading session, following on from Chinese equity markets selling off sharply, during Thursday morning’s Asian trading session. The slump over the past twenty four hours, in...
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May 23, 19 •
3388 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Money management, risk and probability, three of the major overlooked concepts involved in FX trading.
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...
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May 23, 19 •
2920 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on German growth rises as forecast, as consumer growth spikes, sterling continues its slump.
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...
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May 23, 19 •
2401 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling briefly rises as rumours circulates in Westminster that Theresa May was resigning, Canadian dollar falls, as retail sales beats forecasts but oil price slumps.
The U.K. pound rose marginally in early evening versus its peers, as a consequence of political rumours prime minister May was scheduled to immediately resign, after her revised withdrawal agreement (WA) spectacularly backfired on Tuesday. Perhaps, after...
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May 22, 19 •
2820 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on FX markets are mostly reactive and not predictive, therefore, FX traders must remain vigilant to breaking news events at all times.
It’s often stated that FX markets are random, however, this claim is generally misunderstood. FX markets respond to economic data and calendar releases, they also react to breaking political developments and economic news, not necessarily listed on the...
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May 22, 19 •
2271 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Yen registers marginal gains versus peers as trade data hints at improvements, sterling continues its Brexit related fall, whilst investors await FOMC meeting minutes.
Japan’s latest import, export and trade balance figures were published in the Sydney-Asian trading session; exports fell by -2.4% year on year up to April, with imports rising by 6.4%, machine orders rose by 3.8% in March. Imports rising in tandem with...
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May 22, 19 •
2659 Views •
Forex Trading Articles, Morning Roll Call •
Nidal Thuminat
Comments Off on Sterling whipsaws in a wide range versus peers, as a new Brexit deal is offered by prime minister May to Parliament, U.S. equity indices rise as trade war fears recede.
The U.K. prime minister delivered a speech, offering up a new withdrawal agreement (WA) to Parliament, on Tuesday. A speech in which she promised various improvements, to get the deal through the House of Commons by way of a vote, in the first week on June....
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May 21, 19 •
3368 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Building a simple FX trading strategy, slowly and surely, piece by piece.
Peruse many of the most popular trading forums and in the sections listed as “trading strategies”, you’ll see thousands of posts, by individual members, who are convinced they’ve discovered a trading edge. Which they’re convinced they can...