-
Aug 7, 19 •
3412 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Eliminate stress from the trading process whenever and wherever possible
It’s impossible to completely eliminate stress and anxiety from all aspects of your life. We’re constantly reminded that certain stresses are good for us. The general quotes regarding positive forms of stress we witness constantly regurgitated in the...
-
Aug 7, 19 •
3454 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Ideas for improving your money management technique
Many trading mentors are fond of reciting the mantra of the three Ms of trading; Mind, Method and Money-Management. Experienced mentors will offer up opinions as to how you should rank these critical success factors. Some will suggest all three rank equally,...
-
Aug 6, 19 •
3231 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Why you should consider abandoning trend-line analysis
There are many self-fulfilling prophecies involved in trading, these phenomena are especially relevant to any forms of technical analysis. Traders have a tendency to over-complicate technical trading analysis, they also have a habit of joining up dots that...
-
Aug 6, 19 •
2465 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on The observations novice forex traders should record for each and every trade
Ensure that you document the precise entry point for every trade you take. Record how close to the quote your trades are filled, whether or not you experience any slippage and how consistent the spreads are during various times of the session, or during times...
-
Jul 26, 19 •
2802 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Focus turns to the latest Q2 GDP growth figures for the USA for clues as to the direction the FOMC monetary policy will take.
FX analysts and traders will scrutinise the latest Q2 annualised GDP data for the USA economy when it’s published at 13:30pm U.K. time on Friday afternoon. The expectation is for the figure for Q2 to come in at 1.8% falling from 3.2% in Q1. If the forecast...
-
Jul 25, 19 •
2807 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on If the forecast for USA GDP is met then the FOMC could react next week by slashing the key interest rate to 2.00%
At 13:30pm U.K. time on Friday July 26th the latest annualised QoQ GDP figure for the USA economy will be published. The metric covers the time period up to the second quarter of 2019, Q2. The figure is not the estimate it’s the actual and final reading...
-
Jul 25, 19 •
2733 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on The Aussie dollar falls as RBA Governor commits to low interest rates for an extended period, focus now turns to the ECB this afternoon
Central bank’s’ decision making will continue to make headlines during Thursday’s trading sessions. Focus was on Australia’s central bank in the early hours and during the afternoon session market attention will shift to the Eurozone’s central bank,...
-
Jul 24, 19 •
2682 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Are all forms of technical analysis fallacies or do some stand up up scrutiny?
After several decades of intense and heated discussion, the jury is still out and unable to reach a verdict in relation to the efficiency and effectiveness of technical analysis (TA). The opinions are generally binary and polar opposites; some FX analysts and...
-
Jul 24, 19 •
2234 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Will the ECB announce more stimulus on Thursday afternoon as the interest rate decision is revealed?
On Thursday July 25th at 12:45pm U.K. time the ECB will reveal its decision regarding the key interest rates for the single trading-bloc the Eurozone. After polling their panels of economists both the major news agencies, Reuters and Bloomberg, are of the...
-
Jul 24, 19 •
2633 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Asian markets rise as China-USA trade talk optimism rises euro slips as PMI readings for the Eurozone miss forecasts
Equity markets in the Asia-Pacific region mostly closed up on Wednesday morning following the rises on Wall Street on Tuesday, due to reports that trade negotiations between Beijing and Washington will restart next week. Bloomberg reported on Tuesday that...