If you’re in this business for a dose of excitement, we can say with a high probability that you will eventually lose your entire account! For traders just beginning their journey, they may find the above statement a little off-putting, or even confusing. Is trading not supposed to be one the most exciting activities in … Continue reading Why Trading Should Be Boring
Global Markets: Asian stock markets: Nikkei down 1.90 %, Shanghai Composite fell 0.75 %, Hang Seng declined 1.30 %, ASX 200 lost 1.55 % Commodities: Gold at $1245 (-0.10 %), Silver at $17.54 (-0.25 %), WTI Oil at $48.10 (-0.30 %), Brent Oil at $50.80 (-0.35 %) Rates: US 10 year yield at 2.42, UK … Continue reading Wednesday 22nd March: European Open Briefing
A note on lower-timeframe confirming price action… 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 … Continue reading Wednesday 22nd March: Technical outlook and review
Global Markets: Asian stock markets: Nikkei down 0.35 %, Shanghai Composite gained 0.20 %, Hang Seng rose 0.40 %, ASX 200 lost 0.10 % Commodities: Gold at $1228 (-0.45 %), Silver at $17.36 (-0.45 %), WTI Oil at $49.10 (+0.40 %), Brent Oil at $51.90 (+0.50 %) Rates: US 10-year yield at 2.48, UK 10-year … Continue reading Tuesday 21st March: European Open Briefing
