A case study in sentiment trading A few weeks ago I wrote a post here on trading fresh sentiment. From September 23 – October 08 I kept the news flow going for Justin over the European am session, so I thought I would put together a few examples of fresh sentiment trading that there was

Feel like it’s time to achieve your investment goal and boost your income? Every trader has its own unique reason for why he or she started trading in the first place. But at the end of the day, every trader feels disappointment and frustration when profits are not coming the way he or she hoped.

A better understanding of forex signals Forex trading can be overwhelming, especially for beginners. This is why trading signals are a valuable tool in your resource kit. Thanks to signals, you can make decisions about whether you should buy or sell a currency pair at a certain point in time. Signals can be generated by

FX lessons Learning point this am which we shouldn’t let pass.  When a hawkish board member makes a dovish comment This is what happened earlier. Bank of England’s Saunders is a hawk, but his comments about not delaying a necessary rate cut because of Brexit were dovish. See here for his earlier comments. The reactions

A look back at two trade ideas On August 28, both Goldman Sachs and Citigroup issued trade ideas on the Canadian dollar. Let’s have a look at they did. Goldman Sachs recommended buying USD/CAD with a target of 1.3600 and a stop at 1.3050. “Unlike most of its G-10 peers, the BOC has not signaled

Risk management 101 This article is for you if you want a starter on risk management that is practical and simple to follow. I have written recently on the attitude required to manage money. See this article here on talking about the M-word. I have also written previously on the use of leverage and how

How to start out in forex trading, from EagleFX Forex, often shortened to FX or the foreign exchange, is a global decentralized market for the trading of a wide variety of currencies. The forex market is the largest in the world, with billions of dollars being traded daily. Once you’ve selected a broker, whether it

Profits and when to take them This article is in response to a comment made by Anwar on the ‘five tips for when you are struggling article‘ that I published on September 07.  At the bottom of the piece Anwar asked for an article on ‘taking profits’.  So, here it is for you Anwar.  An

A great taboo of our age Sex, religion and politics are easier to talk about than the ‘M-word’. Well it’s true. Money is very hard to talk about. I was talking to my friend who works in accounting a few months back and he was bemoaning the fact that whenever he tried to advise his

The Japanese Yen is a risk haven currency The Japanese Yen is a safe haven currency which investors rotate into during times of uncertainty. The Yen is most probably the largest risk sentiment mover and is the go to currency of choice for risk on and risk off moves. So, the next time there is

Watch the revisions Economic data is overrated. Don’t get me wrong, data often leads to big moves in markets and once-in-awhile; a change in the trend. Much more often it’s noise and a mash-up of confusing noise. So what’s a better way to find the signal. One theory is that revisions offer better clues. If

Good border line to lean against The USDJPY on the hourly chart has seen a lot of swing levels in the 106.68 to 106.77 area.  I count 7 different swing highs going back to August 14 (see red numbered circles). Yesterday the price tested the level for the 7th time and backed off one final

Some tips on how you can improve your trading This article will give you some helpful tips from a professional analyst and full-time trader’s perspective. If you are just starting out on your trading journey, or even if you are some way down the track, read below for seven top tips in FX trading. Tip

An overview of trading bonuses and how they can help you For most people, financial markets are no longer a part of some parallel universe that can be explored by the chosen ones only. On the contrary, almost everyone has bank cards, the vast majority has long lines of credit, like mortgages or car loans,

A wealth of information  It is always worth having a look through central banks minutes as they are often helpful in providing background information or a general overview on the present market conditions. I recommend beginner traders taking some time to do this as it starts to key them in with the major market themes.

A closer look at scalping in FX ForexLive The purpose of this article is to provide you with a detailed explanation of what the FX 1-minute scalping strategy is and exactly how to use it. As a number of different indicators are used in this method, it is best suited for traders with at least

Sentiment, like food, is best traded fresh. Firstly, what is sentiment? Sentiment is, quite simply, the present mood of the market. The market, like people, has different moods depending on what has just happened. As traders we are always wanting to know what the current sentiment is. Now, trading sentiment is a basic market skill

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