Graeme Wheeler raises rates AGAIN – Forex Trading News – July 8th 2014

Graeme Wheeler raises rates AGAIN – Forex Trading News – July 8th 2014
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Forex Market News Hi all, sorry I have been off the grid for so long, I have been on the road since Bastille Day really. A lot has happened in the market place and I will go through each economic zone to try and summarise it all for you, to give you an idea of […]

Huge Day/Night of Data out Today – Forex Trading News – July 3rd 2014

Huge Day/Night of Data out Today – Forex Trading News – July 3rd 2014
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Forex Market News Huge day/night of data out today. First though, let’s look at what has happened.   Aunty Janet has gone on record to say she won’t raise rates to battle the increase appetite for risk. This is saying she is worried about the risk and asset bubbles but because her balance sheet is […]

The US GDP figure is garnering some attention – Forex Trading News – June 27th 2014

The US GDP figure is garnering some attention – Forex Trading News – June 27th 2014
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Hi all. A flat week really and not much will change today. Flat for me too as I have been crook, hoping to be back on the Top Shelf next week, with no dust. The US GDP figure is garnering some attention and being blamed for the shift in sentiment on the stock market and […]

Stock Markets Rolled Over Last Night – Forex Trading News – June 25th 2014

Stock Markets Rolled Over Last Night – Forex Trading News – June 25th 2014
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Forex Market News Stock markets rolled over last night, showing divergence and with Ukraine/Iraq still in the headlines, VIX climbed a few points as protection and profit taking took place. This also saw a minor bid come into the US$, helped by strong housing and consumer confidence data. Surprisingly the Eurodollar also attracted funds despite […]

FOMC is the Biggest News Announcement on the Economic

FOMC is the Biggest News Announcement on the Economic
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Forex Market News Overnight, in the wee hours of tomorrow morning we get the quarterly FOMC projections and statement plus Aunty Janet gets to chat to us.   With inflation rising stronger than expected last night it seems the market is taking this as a sign that the Fed will hasten the tapering of QE3. […]

US has Started to Empty its Baghdad Embassy – Forex Trading News – June 16th 2014

US has Started to Empty its Baghdad Embassy – Forex Trading News – June 16th 2014
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Forex Market News I thought Isis was the Egyptian goddess of the children and protector of the dead, apparently I am ignorant, there is another ISIS about. This new ISIS (which I had not heard of until a short time ago) is a nasty bunch of thugs wanting to control Iraq and killing hundreds of […]

How Slippage Works In Forex

How Slippage Works In Forex
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What is Slippage and how does it work in Forex?   Have you ever wondered why you may place an order on a trade, but even within that millisecond of decision the prices may change? If you are not already familiar with this situation, the name for it is Slippage.  Our partners at AxiTrader have […]

7 Steps to use the Power of Focus to your Advantage and Trade Profitably – Forex Trading Tips – June 6th 2014

7 Steps to use the Power of Focus to your Advantage and Trade Profitably – Forex Trading Tips – June 6th 2014
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Power of Focus 7 steps to use the power of focus to your advantage and trade profitably 1. Single pointed focus a. There are many ways to practice and develop this skill. It takes many practice sessions but with each practice session you will feel more and more focused. b. For example; light up a […]

It’s Not Greed and Fear – It’s Fear and Fear – Forex Trading Tips – June 3rd 2014

It’s Not Greed and Fear – It’s Fear and Fear – Forex Trading Tips – June 3rd 2014
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It was known as “Black Wednesday”. September 16, 1992. I was sitting in the offices of Rothschild Investment Bank in Singapore, managing their gold trading desk. For months, pressures were building “under the floor” of the British Pound as its inclusion in the ERM (European Rate Mechanism) and Britain’s desire to see their currency hold […]