Global Markets: Asian stock markets: Nikkei down 0.20 %, Shanghai Composite gained 0.30 %, Hang Seng rose 0.70 %, ASX 200 lost 0.10 % Commodities: Gold at $1230 (+0.20 %), Silver at $16.52 (+0.70 %), WTI Oil at $48.65 (+1.70 %), Brent Oil at $51.70 (+1.70 %) Rates: US 10-year yield at 2.33, UK 10-year … Continue reading Monday 15th May: European Open Briefing
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Monday 15th May: Technical outlook and review
Waiting for lower timeframe confirmation is our main tool to confirm strength within higher timeframe zones, and has really been the key to our trading success. It takes a little time to understand the subtle nuances, however, as each trade is never the same, but once you master the rhythm so to speak, you will be … Continue reading Monday 15th May: Technical outlook and review
What 2% a month can earn you
Legend has it that when asked to name the greatest invention in human history, Albert Einstein replied ‘Compounding interest’. Whether Einstein actually said this or not, we would certainly not be one to disagree! In simple terms, the compounding part comes from the interest you earn on the interest you’ve already earnt. As … Continue reading What 2% a month can earn you
Friday 12th May: European Open Briefing
Global Markets: Asian stock markets: Nikkei down 0.60 %, Shanghai Composite gained 0.40 %, Hang Seng rose 0.05 %, ASX 200 fell 0.90 % Commodities: Gold at $1226 (+0.20 %), Silver at $16.40 (+0.85 %), WTI Oil at $47.90 (+0.20 %), Brent Oil at $50.85 (+0.15 %) Rates: US 10-year yield at 2.38, UK 10-year … Continue reading Friday 12th May: European Open Briefing
