Articles

Is your trading plan specific enough to allow meaningful and decisive ACTION?

A written trading plan, usually comprising of several guiding action statements, serves the following two invaluable purposes: Facilitates consistency in trading action e.g. in the entry and exit of trades, allowing the trader AND Measures the strategy used specified within each statement to make an evidence-based judgement on how well thes...

March 21, 2019

Are You Appropriately ‘Aroused’ for Peak Trading Performance?

There is NO such thing as emotionless trading AND in many respects, it may be considered that it is a good thing too. After all, correctly targeted emotions will allow you to: Have an exciting, compelling trading purpose that drives you to do the hard yards with your learning (we know some people fail to complete a course or put learning into ac...

March 8, 2019

Know the Score: Holding Costs of Daily Fx Positions

Many traders consider trading daily timeframes but when used to trading the shorter timeframes, overnight holding costs of positions may not be something they have come across previously. This brief article has the aim of understanding why these trading costs exist and how they are calculated. But First…An important message about holding costs�...

March 5, 2019

Black and Yellow Gold

Commodities markets were on sell-off mode on Friday. The black and yellow gold was sent to the downside dragged by the disappointing Purchasing Managers Index data. Gold - XAUUSD The Chart shows that Gold price pulled back as from last Wednesday on a broad-based US dollar strength and retreated from its 2019 highs. The yellow metal struggled to ...

March 4, 2019

From Singapore to Hanoi – Summit 2.0

President Trump is on the “Tweet Rally” with positive headlines on the trade front and much confidence ahead of the Summit in Hanoi, Vietnam. Singapore Summit The Singapore Summit marked the first-ever meeting between the Head of State of North Korea and the United States. Both leaders signed a joint statement during the Summit and agr...

February 26, 2019

Trade Deadline Delayed – “Substantial Progress”

Monday started on a buoyant note as the weekend negotiations between the US and the Chinese officials on structural issues, including intellectual property protection, technology transfer, agriculture among others were productive which encouraged President Trump to extend the 1st March deadline. Asian stocks and trade-sensitive currencies l...

February 25, 2019

The Dalian Port – “China’s Coal Ban”

Wednesday was the bearer of bad news for Australia. Despite the buoyant employment report which briefly lifted its local currency, the Australian dollar plummeted on Westpac’s rate cut forecasts and the news of China’s Coal Ban. Simmering diplomatic tensions could be the trigger behind the ban. The news that the Dalian port in China has b...

February 21, 2019

MT4 to MT5: Is it Time to Make the Change?

In this brief article we explore the major differences between the MT4 and MT5 Trading Platforms in order to assist reader in deciding whether they should consider switching to the latest version of this established Forex gateway to the market. Do you have to make a switch now? The reality for now is that MT4 is still used widely by brokers and t...

February 18, 2019

Earnings Report: Brambles Limited

The Logistics Company has reported a 27% decline in net profit (after tax) for the six months ended 31 December. The drop in profit is mainly due to higher costs on: Fuel Transport Brexit-proofing costs. The company was also deprived of the one-off tax benefit of US$130 million from a year ago. Below is a summary of key metrics: Sour...

February 18, 2019

The Less-Dovish Central Bank

The Reserve Bank of New Zealand (RBNZ) made its first interest rate decision and monetary policy, but it was not what the market participants expected. The Central Bank did not follow the same dovish theme seen by other central banks. The Official Cash Rate (OCR) was left at 1.75%, as widely expected, and the RBNZ expects to keep the OCR at this ...

February 13, 2019

Reserve Bank of New Zealand – First 2019 Policy Statement!

The Reserve Bank of New Zealand (RBNZ) will make its first interest rate decision for the year 2019. We will see the Press Conference, Rate and Monetary Policy Statement on Wednesday. Market participants are expecting the RBNZ to adopt the same dovishness seen lately by major central banks The Reserve Bank of Australia The Federal Reserve B...

February 12, 2019

Bank of England Synopsis

Thursday the 7th of February saw Bank of England Governor, Mark Carney, stepped back up to the mark to take on a barrage of Brexit related economic questions after giving a speech about the BoE’s stance on their current assessment of the negotiations. Economy The speech started not looking so good for the UK economy, with the Governor stating t...

February 8, 2019

Forex 10 Year Challenge

To begin the week, I thought we'd do something a little bit different. We have taken the current ten-year challenge sweeping social media and tried to apply it to a brief technical analysis summary of the major FX pairs. Where were they trading in early 2009? And where are they now? Judging by the list below, it would seem gold wins the gold...

February 4, 2019

Boeing and Facebook Earnings

Boeing (BA) The Aerospace giant beat estimates and reported a record $101.1bn revenue for the year 2018. It is the first time that the company reports more than $100bn as annual revenue. Below is a summary of the fourth quarter earnings. Record revenue of $28.3 billion and record operating profit of $4.2 billion driven by higher volume Reco...

January 31, 2019

Apple’s First Quarter Results

Today, Apple reported its First Quarter Results which was largely in-line with expectations, except for the iPhone revenue, which that fell slightly short of estimates. Quarterly revenue came at $84.3bn instead of $83.97bn forecasted. Compared to the year-ago quarter, it is a 5% decline. iPhone Revenue declined by 15% from the previous ye...

January 30, 2019

Articles

Is your trading plan specific enough to allow meaningful and decisive ACTION?

Are You Appropriately ‘Aroused’ for Peak Trading Performance?

Know the Score: Holding Costs of Daily Fx Positions

Black and Yellow Gold

From Singapore to Hanoi – Summit 2.0

Trade Deadline Delayed – “Substantial Progress”

The Dalian Port – “China’s Coal Ban”

MT4 to MT5: Is it Time to Make the Change?

Earnings Report: Brambles Limited

The Less-Dovish Central Bank

Reserve Bank of New Zealand – First 2019 Policy Statement!

Bank of England Synopsis

Forex 10 Year Challenge

Boeing and Facebook Earnings

Apple’s First Quarter Results

International

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