What is GDP and its importance in Forex Trading Fundamental Analysis is one of the best ways we can approach the markets. A lack of the fundamentals is a key reason why so many retail traders never trade consistently. Many traders don’t pay any attention to the real reasons why prices are moving. They
What is CPI and its importance in Forex Trading Did you know you need more than price charts to be a successful and consistent trader? The reason why so many traders fail is they focus too much on price charts. They don’t pay any attention to the real reasons why prices are moving. Supply
Do Indicators and Trading Robots Really Work? This is a question that pops up quite a lot. The internet is flooded with a a plethora of Technical Indicators and Trading robots. Some of them are fee and some of them have ridiculous price tags! A very important question asked by many is whether these things
7 Simple Forex Trading Tips That Actually Work I don’t know about you, but it feels like the internet is overrun these days with all sorts of articles with so-called Forex Trading tips and techniques. Surprisingly, it would seem that many of the Forex Trading tips provided on the internet were not written by actual
Is Fundamental Analysis important in Forex Trading? There seems to be a tremendous focus on Technical Analysis in the Forex industry. So much so that most retail traders think that Fundamental Analysis is not really important. Some even respond by saying that they have never heard of Fundamental Analysis. Others argue that you only need
Do you really need Forex Training? Forex Trading has grown tremendously in popularity over the past couple of years. Most people who learn about Forex Trading are instantly hooked. For most, the instant attraction comes from the wrong perceptions about Forex Trading. Majority of beginner traders think Forex Trading is easy. This is a blatant
How to measure Pips in MT4 If you want to learn more about MT4 then you have come to the right place. After numerous requests, we have decided to write a couple of articles on how to use MT4. In this part, we will focus on how to measure Pips in MT4. For this
How to place a trade in MT4 If you want to learn more about MT4 then you have come to the right place. After numerous requests, we have decided to write a couple of articles that are dedicated to teaching MT4 basics. In this part, we will focus on how to place a trade
How to draw Horizontal Lines in MT4 If you want to learn more about MT4 then you have come to the right place. After numerous requests, we have decided to write a couple of articles dedicated to teaching MT4 basics. In this part, we will focus on how to draw Horizontal Lines in MT4.
Interesting developments for the US… There has been quite a few interesting developments in the markets from yesterday Trump Administration It was announced that a former lawyer and former campaign manager were both found guilty of several charges brought against them. This has placed the market in a very cautious tone as the market
Bank of England is in focus… There has been quite a few interesting developments in the markets from yesterday TRADE WARS A while back the US administration announced that they are planning to place 10% tariffs on an additional $200bl worth of Chinese goods. Yesterday, US Pres Trump announced that they are now considering
Asian session got off with a bang… So, a lot has happened so far in today’s Asian and early European trading session. AUD The AUD got a tremendous boost after much better than expected building approvals. The expectation was for a 0.0% increase and the release came in at a whopping 6.4%. The highest
The focus has been down under again… Hi everyone, it has been a while since our last currency watch report. Trading has been really busy the last couple of days with all the geopolitical factors playing a role. Right this morning during the Asian session we had the release of the quarterly CPI for
And the trade war continues… During today’s Asian session the main drivers in the market has been an announcement by the US that they will continue with their 10% tariffs on $200bln Chinese products. As a result equities and commodities has been lower across the board due to the risk tone in the market.
The Dollar is feeling the pressure… During today’s Asian session the main drivers in the market has been equities and commodities which has been higher across the board due to a weaker Dollar. The Dollar weakened after Friday’s mixed labour data releases. Asset classes such as Equities and Commodities has benefited from the weaker
Bad news so far for the EUR… During today’s Asian session the main focus was on the recent political issues concerning Germany. This has placed quite a lot of pressure on the EUR during the Asian and early London session. The recent trade rhetoric has also escalated from last week with Trump accusing the
Good news so far for the EUR… During today’s Asian session the main focus was the news that the EU had come to an agreement regarding migration during the recent EU summit. This has been very supportive for the EUR during the Asian session and early London session so far. Important Scheduled
Relatively quite trading day … The market has been relatively quiet during the week so far, except for a few specific currencies. During today’s Asian session the main focus was the recent NBNZ Business Outlook which came out pretty negative for the NZD. For those of you who follow our forecasts will know that
Slow start to the week so far… The market has been relatively quiet during today’s Asian session. The risk sentiment has soured again with Pres. Trump tweeting that he wants the EU to remove all their trade barriers and tariffs or else… Also, the US administration further mentioned that they are looking to restrict
Less risky atmosphere today but the theme still in play overall The massive risk aversion tone in the market has been receding during today’s Asian session and early London session with equities in Asia and Europe all green across the board. A pullback after the last two day’s selling could have been expected
Tit-for-tat trade spats starting to take its toll…Continued The big focus in today’s Asian session remained the recent trade war rhetoric and actions between Trump and China. After China announced that they would retaliate against the US tariffs, pres Trump responded by saying the US would impose a 10% tariff on another $200bl Chinese
Tit-for-tat trade spats starting to take its toll… The big focus in today’s Asian session was recent trade war rhetoric coming from Trump and China. The Trump administration issued tariffs against China to the value of $50b, and China replied in kind by announcing they would retaliate with their own tariffs. The school ground
All the focus is down under…again The big focus in today’s Asian session was recent trade war rhetoric coming from Trump against the EU and Canada. As a result, risk assets has really taken a beating, to the benefit of the JPY and CHF. Furthermore, AUD remains on the back foot after yesterday’s data
All the focus is down under… The big focus in today’s Asian session was the AUD GDP releases which printed well above expectations. The AUD has been fairly well supported throughout the week so far and we assume that the GDP beat will continue to support the AUD. We would say that the biggest
Focus on Sterling for today… Today’s Asian session was pretty subdued, with the only real focus being on the recent RBA rate announcement which came out as expected. Furthermore, given the current risk sentiment the AUD and NZD remained strong during yesterday’s sessions as well as early Asian trade today. The biggest focus for today’s
All seems calm for now… The markets started today’s asian session pretty calm. The main focus was the Australian Retail sales releases which came out better than expected which has been good for AUD so far. The good Retail sales report has given some positive expectation for the next GDP release for AUD. After Friday’s
Can you say Yowza!?… The market’s main focus yesterday was the deterioration in the political front in Italy which caused massive moves in the Italian bond market. The big moves placed a lot of pressure on the Euro, resulting in all major Euro pairs dropping to big figure lows. As a result, the market’s focus
A slow start to the trading week… The market has been relatively quiet during today’s Asian session so far with the lack of any important data releases as well as bank holidays for GBP and USD. The overall risk averse tone has improved over the weekend as it looks like there is chance that the
A mixed day so far… The market has been relatively quiet during today’s Asian session so far with the lack of any important data releases. The overall risk averse tone has somewhat slowed down a bit after yesterday’s news that President Trump has cancelled the planned Korean summit with North Korea. As such, the jpy
Risk tone still prevalent… The main focus during today’s Asian session has been the dovish focus on yesterday’s FOMC minutes with the dollar trading a little lower. On the other side of the pond the JPY pairs are still pressured with the overall risk tone in the market due to geopolitical and trade war rhetoric.