Market Commentaries

Most traders know there’s four key styles of FX trading: scalping, day trading, swing trading and position trading. At one end of the spectrum is scalping; your trades typically last seconds or minutes, as you search for small price action related gains, banked extremely quickly. At the other end of the scale is position trading;

USA equity indices initially looked to have continued their recent consistent risk on momentum, during the early stage of the New York trading session, as the latest trade balance figure for February came in at -$49.4b, an unexpected eight month low. However, the gains evaporated later in the session. Closer analysis of the data provided

Japan’s factory sector remained under the Markit PMI 50 level, separating contraction from expansion, extending a contraction that began in February, according to the latest survey of purchasing managers’ data, released on Thursday morning. The Japanese manufacturing PMI came in at 49.5 in April, up from 49.2. Exports are continuing to fall this month and

FX traders are typically divided into three-four distinct styles, they’re generally listed as: scalping, day trading, swing trading and position trading. Scalping is extreme, short term trading, with trades generally lasting for seconds, or minutes. At the other end of the spectrum, position traders can remain in their positions for weeks or months, as typically

China posted a year on year, first quarter GDP growth figure, of 6.4% during the Asian session, marginally beating several forecasts of 6.3% growth, whilst maintaining the growth figure of 6.4% registered in Q4 2018. The result calmed investor fears that China had suffered a deep and long term economic impact, due to the tariffs

Wednesday April 17th is an extremely busy day for economic calendar news and events, many of which have the power to move the FX and equity markets. Therefore, FX traders need to remain vigilant throughout the day, in order to manage their current positions and to ensure they’re positioned to take advantage of any developments.

The Aussie dollar fell versus several of its peers during the Sydney-Aussie trading session, as the central bank of Australia, the RBA, revealed in its minutes that it was quite prepared to lower interest rates, below the current record low of 1.5%, in an attempt to stimulate growth by way of a loose monetary policy,

The definition of what the concept of scalping represents, has altered substantially over recent years. To many old school traders (who can still recall when internet based trading was born) scalping means; searching for a profit equivalent to more than the spread cost. For example; if the spread on GBP/USD was circa 2-3 pips, you’d

A combination of the Spring meeting between the IMF and World Bank, the benign FOMC minutes, a potential breakthrough in the China-USA trade talks and various economic calendar data, suggesting the USA economy is on course to match earlier bullish forecasts, might have caused a risk on environment to develop in equity markets over recent