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Jan 31, 19 •
2137 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Simple, straightforward ideas for combining fundamental and technical analysis
The majority of experienced (and by association) successful traders, will always suggest that you require a combination of both fundamental and technical analysis in order to trade the: FX, equity and commodity markets proficiently. Traders quickly learn that...
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Jan 31, 19 •
1429 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on The latest Eurozone GDP growth figures will be carefully monitored, for any further signs that growth is weakening.
On Thursday January 31st at 10:00am U.K. time, the latest data relating to the Eurozone’s GDP growth and performance will be released, by the official stats agency, Eurostats. The current annual GDP growth rate (up to Q3 2018) is 1.6%. The forecast,...
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Jan 30, 19 •
1334 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Sterling stabilises after U.K. parliament vote caused a sharp sell off. Markets look towards USA GDP figures and FOMC rate decision, for U.S. dollar direction
After an approximate 1% sell off, shortly after the U.K. parliament passed a vote making a no deal Brexit more likely, GBP/USD stabilised in the overnight Sydney and Tokyo FX trading sessions. Both the U.K. mainstream media and the political circus...
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Jan 30, 19 •
1608 Views •
Forex Trading Articles •
Jovana Pribic
Comments Off on Why FX traders need to monitor the FOMC rate decision and Jerome Powell’s subsequent press conference statement
On Wednesday January 30th, at 7:00pm U.K. time, the FOMC (Federal Open Market Committee) will reveal its decision regarding the key interest rate for the USA economy. The current rate is 2.5% and this highly anticipated calendar event, is forecast to result...
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Jan 29, 19 •
1714 Views •
Forex Trading Articles •
Jovana Pribic
Comments Off on Don’t suffer the curse of overtrading, when simple remedies are within reach
Traders who trade with European based FX brokers have had to adopt their trading behaviour significantly, after the ESMA ruling came into force in 2018. The rules and new framework that ESMA introduced were, in their opinion, designed to protect traders. The...
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Mar 8, 18 •
2402 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How using compound interest can grow small accounts rapidly and significantly
Albert Einstein is credited with saying; “Compound interest is the eighth Wonder of the World. He who understands it earns it. He who doesn’t pays it!” In a financial world of low interest rates, a situation that’s existed for close to a decade-...
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Mar 6, 18 •
2492 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on The recent stock market correction should serve as a wakeup call for complacent Forex Traders
Trading successfully can often be described as a complete life skill and there are sections in the poem of Rudyard Kipling which relate to certain aspects of our trading; “If you can dream and not make dreams your master; if you can think and not make...
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Mar 6, 18 •
2356 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Mario Draghi and the ECB may be facing problems trying to find a ‘Goldilocks’ value for the euro
As a central bank, trying to balance the value of the currency for which your monetary policy is responsible for, is an incredibly difficult task. There’s a Goldilocks temperature; not too hot, not too cold, that’s just right for the economy. The value of...
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Feb 23, 18 •
4607 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Has the short, sharp, correction in stock markets, given central banks an excuse not to raise interest rates?
“Taper tantrum” is the term used to refer to the 2013 surge in U.S. Treasury yields, which resulted from the Federal Reserve’s use of tapering to gradually reduce the amount of money it was feeding into the economy. Traders and investors may recall...
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Feb 20, 18 •
5014 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Currency wars; what benefits (if any) can they provide the Forex Trader?
Mario Draghi, the president of the ECB, is apparently concerned that the euro is too high versus USD. EUR/USD recently breached the 1.2500 handle for the first time in over three years, he’s concerned that at this level it may harm exports and damage the...