-
Jul 8, 19 •
2269 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on How the law of large numbers could be applied to FX trading
Many successful traders quickly establish the impact probability has on their trading outcomes. However, the vast majority of traders fail to investigate or fully rationalise the impact the phenomenon of probability has, they’ll also neglect to realise how...
-
Jul 8, 19 •
1788 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Japanese core machine orders find reverse gear, as Germany’s exports engine sparks into life.
Japanese equity markets slipped during the Asian trading session, as disappointing machine orders data dented confidence that the Japanese economy can manufacture an improvement over the current 0.9% annual GDP growth. For May core machine orders came in at...
-
Jul 5, 19 •
3046 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Wisdom of the crowd
We acknowledge that the forex market is the largest global trading market there is. As an entity that turns over circa $5 trillion each trading day, we could also put forward a claim that it’s the greatest example of efficient market hypothesis there is....
-
Jul 5, 19 •
2035 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on German factory orders continue to collapse, focus turns to NFP data
Germany’s latest manufacturing factory orders continued to free-fall according to the latest data reported by Germany’s statistics agency Destatis on Friday morning. Month on month orders slumped by -2.2% for May, year on year orders have fallen by -8.6%....
-
Jun 3, 19 •
5175 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on “Sell in May and go away”, if only it was that easy.
The phrase “sell in May and go away” is thought to originate from an old English saying; “sell in May and go away and come on back on St. Leger’s Day.” This phrase refers to the custom in previous times when: aristocrats,...
-
Jun 3, 19 •
3410 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Will the RBA, Australia’s central bank, cut the cash rate to 1.25% from 1.50%, and how will Aussie dollar react if they do?
At 5:30am U.K. time, on Tuesday June 4th, the RBA, Reserve Bank of Australia, will announce its decision regarding the country’s key interest rate. The RBA kept the cash rate at a record low of 1.5 percent at the culmination of their May meeting, extending...
-
Jun 3, 19 •
2773 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Japan’s equity indices are close to rubbing out year to date gains, USA equity indices futures indicate negative open, U.S. dollar flat, whilst Swiss franc gains.
As President Trump boarded the famous airforce one presidential jet, to come to the U.K. for a three day state visit, he had already fired off a volley of controversial statements. He reaffirmed his support for Tory leadership candidate (and de facto prime...
-
May 31, 19 •
3506 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on There are no reasons or excuses for blowing up an account, even a demo account.
If you converse with experienced retail traders, regarding the mistakes they wished they’d avoided when they first discovered and began trading the markets, they’ll often point to understanding and applying the concepts of: money management, risk and...
-
May 31, 19 •
2704 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Gold and yen rise as investors seek safe havens refuge, European equity indices slump in early trade, as U.S. futures indices indicate a negative open for the USA equity markets.
In the overnight Sydney-Asian sessions, on Thursday night/Friday morning, a raft of data concerning Japan’s economy was published. The majority of the readings came in as forecast by Reuters, with industrial production improving. However, Japan’s retail...
-
May 30, 19 •
3194 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Why your intuition when trading FX, may be more important and relevant than you first think.
As forex traders you’re constantly encouraged to concentrate on facts and data. You know the FX markets rise and fall, in relation to the economic calendar releases and any data which is subsequently attached to the releases. You also know that geo...