The forex basics Exchange of a nation’s currency for that of another is Foreign Exchange (FOREX). The foreign exchange market is a largest non-stop financial market in the world where currencies of different nations are traded. This Forex market is bigger than three times the aggregate amount of the US Equity and Treasury markets combined.

What happens now as bonds signal a massive red flag to markets? It had been heading that way for a while, but on August 15th the US yield curve finally inverted. Or, rather, the main part of the curve inverted. The spread between the three-month and ten-year US treasuries has been negative since May. But

Jamie Dimon and Warren Buffett can’t get it right 15 months ago Jamie Dimon and Warren Buffett were warning people not to buy bonds. At the time, US 10-year yields were at 3.0%. Today they’re at 1.48%. 30-year yields are now below 2%. Here’s a look at 30-year futures since: They’re up 16% while the

What are some of the biggest traps you can fall into as a trader? Trading is a process that is different for every participant: a great deal of success depends on personal qualities and strengths. And yet, a number of things are universal – the similar challenges everyone goes through and the common traps that

We’re focusing on technical analysis in this article with a description of some of the important indicators We could say, all wealthy traders use technical analysis but not all technical analysis traders are wealthy although technical analysis (TA) is the most precise way of trading the Forex market. It’s also useful note that fundamentals play

A technical signpost to watch for There are a lot of candlestick patterns. Some are more distinctive, some are less. It’s easy to be on the lookout for pin bars – candlesticks with long upper or lower wicks that indicate a reversal. However, such candlesticks, though quite common, do not appear all the time. Plus,

What is the forex market Anyone who has ventured into the real marketplace would definitely have an idea what a Forex is and share the many promises and possibilities this horizon can bring. What is Forex? FOREX stands for the very popular Foreign Exchange Market. Sometimes, though, people associate it or equate it to mean

Moody’s changing their their outlook for Boeing is of some import for forex.  The firm (Boeing) is a huge US exporter (or was ….) so developments are of interest. But what caught my eye was this from Moody’s Outlook for Boeing and Boeing capital corporation was changed to negative from stable change in Boeing’s outlook

Wisdom from Ray Dalio The problem with markets is that they change. What works today probably won’t work in 10 years. That’s why some investment managers are superstars for a time and then flame out. However some people have managed to shift with markets and one of them is Ray Dalio. In a LinkedIn post

A look at safe haven assets as we brace for a period of uncertainty Ongoing discussions are swirling about President Trump and President Xi’s meeting at the G20 summit In Japan. This was a high-stakes meeting with concerns about a slowdown in global growth, through a protracted trade war, the forefront of investors’ minds. It

Non trending transitions to trending.. The EURUSD is mired in a 68 pip range this week.  Putting that into perspective, there has not been a more narrow range week since 2004 (there was one other 68 pip range in 2014).   Moreover, the range over the last 3 days is only 50 pips.    The market

A look into the use of forex trading signals ForexLive Many forex brokers and independent companies have developed trading systems that offer forex signals telling the user when to buy and sell. The execution of a trade could be as simple as pressing a button or making a telephone call. Forex trading signals usually operate

Beware taking revenge on the markets Revenge is one of the most poisonous emotions we can feel, acting on it brings a cycle of destruction into our lives in life and in trading. However, whereas a person may not take revenge in their general day to day living, they may do when it comes to

How much is too much? This is one of those frustrating questions to answer because there are not an evenly distributed assortment of trading opportunities. Some weeks have more obvious trading opportunities than others. This means that in theory you can keep taking the trades as long as they present themselves. However, this can also

Hooray! My tech problems yesterday are resolved, so I am able to post again. A big thank you to Justin for jumping in and posting part 2 of our 5 part trading mistake series. As a recap, the series looks like this:  Today we are on Mistake #3, the mistake of not being accountable. Having

What’s “the secret” behind successful traders? The Forex market is the largest trading network in the world with $1.8 trillion dollars being exchanged every day. There are dozens of different currencies traded but the big players to focus on are all traded with the US dollar and include:  EUR (Euro), GBP (British pound), JPY (Japanese

I’m just posting this up on behalf of Giles, all credit goes to him for this series On a recent weekend I spent the afternoon watching a dramatisation of Charles Dicken’s novel, Little Dorrit. Writing in the mid 19th Century Charles Dickens spoke of an age old problem; namely that of Speculator’s Guilt. The lesson

A 5 part series During this week I am in Dubai teaching a course on FX trading and I thought this would be a good time to have a series. imaginatively titled, 5 trading mistakes to avoid. So, over the course of the next 5 days there will be a short mini series covering the

How to make the best of a situation where markets are ranging What if the market lacks a trader’s main friend, a trend? When the price is moving sideways, trend trading strategies won’t do you any good. At the same time, that doesn’t mean that you should twiddle your thumbs. The solution is to use

A look at day trading and how to go about it Day or intraday trading is one of the trading styles. It implies that you hold a trade open for a couple of hours on average and close it before the end of the day. The general approach to day trading is different from the

With the launch of a brand-new FX offering that promises huge cost savings for traders, TIOmarkets has put together the 4 surest ways to keep your trading costs low and your potential for profit high Traders often come across what they associate as ‘endless possibilities’ in the world of trading. Interestingly enough, displayed across the

Your habits will determine your success It’s always wise to get the best of the other people’s experience. Trading is no exception. They say that it takes doing something for 21 days in a row to form a habit. Isn’t it time to get going? Below you can find a list of recommendations that will

Learning to assess central bank focus In George Orwell’s animal farm one of my favourite lines is ‘all animals are equal, but some animals are more equal than others’. It is a phrase that encapsulates a critique of communism, namely the inherent corruption of the human soul. What started as an ideal sharing of all,

How you can use the trading ideas of others to your advantage Would you like to make a profit whether the price of your favorite asset goes up or down? Or maybe you’d like to start benefiting from developing financial markets but don’t want to invest much money? If the answer for any of the

How to evaluate the market Trading is a process that can be broken in 2 stages: market analysis and the trade itself. To the latter we attribute things like opening an order, choosing position size and making sure that your actions conform to the rules of risk management. This part of the process is very

What to look out for in a forex third-party signal provider? When choosing a third-party signal provider for your forex account you need to be careful. Here are a few tips and things to look for when making your decision. With the growing popularity and easy access to the foreign exchange market, more and more

Here’s what you need to know about the big change in the auto industry We are at the gates of probably the most significant transport revolution in history. Tesla, Toyota, Volvo, Renault, Apple, Google, and Nvidia – all these companies will be affected by the technological innovation that will come to life. You can trade

Expectations are what influences the way market participants react ForexLive You can try as much as you want to argue about facts and what is right or what is wrong in financial markets but the only thing that matters at the end is what everyone else perceives it to be. There’s an old trading adage

A tip in managing expectations to improve your trading efficiency I often come across many new traders basing off their trading day on key central bank speakers like ECB president Mario Draghi or BOE governor Mark Carney, thinking that their speeches will contain something to heavily influence the respective currencies involved. But a less common

Jeopardy! is a  game show where three contestents compete in providing the question to answers under topic headings.   Since you need to answer with a question, you need to form your response in the form of a question like “Who is Alex Trebek?”  That would be in response to “He hosts the long running game