Education

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
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
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.
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 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
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
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
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
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 quick one on a real basic in markets. All sorts of markets.  Not financial markets – imagine your favourite pop singer. She is outing on a concert. There are ‘x’ number of tickets. And they are quickly all bought up. Leaving potential buyers empty handed. So scalpers offer tickets they have bought at higher
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