Becoming a Better Trader – Managing Stress
Stress management is important is an overlooked facet to trading many traders overlook. Trading is often considered a stressful business, and yes, it is a difficult business, but a lot of what makes trading stressful is self-inflicted. Large doses of...
Bank of Japan Mulls More Stimulus; is a Surprise on the Way?
The Bank of Japan will conclude its two-day policy meeting on Thursday, a few hours after the Federal Reserve announces its latest rate review. After the European Central Bank decided to restart its asset purchase program in the past week...
Homebuilder sentiment surges to highest level of the year, but there are warning signs
Workers install roof trusses on a home under construction in Denver. Steve Nehf | The Denver Post | Getty Images) Confidence among the nation’s homebuilders rose 1 point to 68 in September in the National Association of Home Builders/Wells Fargo...
Crude Oil Outlook: Bulls Look for Extension of Monday’s Strong Rally and Eye Fibo Barrier at $63.69
WTI oil maintains bullish tone on Tuesday and consolidating under new four-month high, as sentiment remains positive after weekend’s attack at Saudi oil installations that sparked strong rally of oil price. Despite immediate reaction of the US government in releasing...
How to Trade with Long Wick Candles
Long Wicks Can Provide Valuable Trading Signals Long wick candles are recurrent within the forex market. This makes understanding the meaning behind these candles invaluable to any trader to comprehend the market dynamics during a specific period. Trading candle wicks...
Euro Recovers as German Economic Sentiment Rebounds, Dollar also Higher
Euro recovers mildly today as partly supported by strong rebound in German economic sentiment. Though, upside is capped for now as outlook for the country remains negative. Follows as the second strongest, then Yen. Fed is still widely expected to...
WTI Gaps Higher And Breaks Upper Boundary
WTI oil futures’ steam cooled after a fierce move led to a break above the upper boundary of the three-and-a-half-month sideways market, with the price of the commodity already starting to consolidate again. The price had gapped above the simple...
Oil Risk, Dovish RBA Minutes
Oil risk to secure 25bp at Fed The oil-related sell-off following the weekend’s attack on Saudi Arabia facilities is already losing steam. On Sep 14th, coordinated attacks using drone technology were carried out on oil facilities in Saudi Arabia. Saudi...
FX: Last-look acceptance still boils down to caveat emptor
Last look in the FX market is under scrutiny again. In August, six non-bank liquidity providers – Citadel Securities, Flow Traders, HC Tech, Jump Trading, Virtu Financial and XTX Markets – issued statements criticizing the practice. This followed the publication of data...
FOMC Preview – Focus on Dot Plot for Potential Third Rate Cut
Another rate cut, by -25 bps, is a done deal this week, although the market has trimmed its expectations to 66% from 92% a week ago. This would take Fed funds rate’s target range to 1.75-2%. The focus of the...