May Market Overview $Us Dollar: May started with disappointing ISM Manufacturing and increased Unemployment Claims while Non-Manufacturing PMI improved. This followed with disappointing ADP Non-Farm and Non-Farm Employment Change. Unemployment Rate remained at 5% and Average Hourly Earnings m/m came unchanged. Crude oil Inventories came above expectations first week and well below the second week. Core […]
The Foreign Exchange is one of the fastest moving financial markets in the world.Forex trading valuations can change in minutes due to market reactions to macroeconomic and political data, for example, if Country A reports lower-than-expected economic growth, the currency markets react and Country A’s currency value could decline in minutes! Successful Forex traders understand […]
My Journey into Trading for a Living Like most people, I bought into the society & government success formula – get a 9 to 5 job, work hard, get promoted, pay into a Super Fund and your retirement will be financially assured. As we all now know, for the majority, the above does not match reality. […]
The month of May promises to bring some big movements for the intraday trader so I am thrilled to share this time with you. I encourage you to take time to sharpen your emotional skills and make the most of these fantastic trading opportunities.
Improve your trading success rate with 4 simple steps ‘Anything that can be measured can be improved.’ Let us improve your success rate! Dear Traders, Welcome to the new quarter! Let us look at your last quarter find ways to improvise on what you have already achieved. Today I will focus on the following steps: […]
Monthly Currency Trading News $Us Dollar: February started on a low note with disappointing ISM Manufacturing and Non-Manufacturing PMI and increased Unemployment Claims. This followed with improved ADP Non-Farm and disappointing Non-Farm Employment Change. Unemployment Rate reduced to 4.9% and Average hourly earnings m/m came above expectations. Second week brought Crude Oil Inventories and UoM […]
Monthly Currency Trading News $Us Dollar: Dollar rallied at the end of 2015 following the rate rise mid December and FOMC expectations of continuing improvement in the economy. January 2016 started with increased Unemployment Claims and ISM manufacturing and non-manufacturing PMI below expectations. This followed with greatly improved ADP Non-Farm and Non-Farm Employment Change and […]