What is the impact of expensive oil? This week I wanted to look at oil again….what does expensive oil prices mean and what impact does it have on trading markets across various sectors and asset classes. Inflation Concerns: High oil prices can contribute...
This week we saw positive USD news (from the non farms) push the DXY index to break and close above the 200 ema. Every bit of US news looks like it’s been carefully sifted through in order to get as many clues as possible in order to gauge when an interest rate...
Important Events and Indicators Last week we saw the forex year really ‘kick off’ with quite a bit of movement on all pairs. You may recall me mentioning that Martin Luther King day was the ‘unofficial’ start to the trading year. With this in...
Live: Focusing on the big areas again Hi all, In today’s live webinar Thinus went through the M2 setups and I went through E&S and also some shorter timeframe setups. Thinus analysed the DXY chart and gave us some clues on how we could trade the short-term...
With the start of a new year I thought I’d continue with the theme on good habits for trading. This week I’m looking at good, general, investing advise. Good habits in Trading Set Clear Goals: Define your financial goals and trading objectives for the new...