2018

So far in this series, we've talked about how indicators basically work by identifying patterns. They do this by focusing on relationships between certain data points, and they are represented in the form of graphs to make patterns easier…
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The U.S. dollar managed to maintain its dominance closing the week with gains. However, performance was rather mixed with the Kiwi dollar posting the strongest gains. The UK's quarterly GDP report showed that the economy advanced 0.6% on…
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The UK’s economy was seen expanding in the third quarter, posting the fastest pace of increase in nearly two years. The expansion in the economy was surprising as the UK’s gross domestic product outperformed quite a few countries in the…
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On the surface, trading may seem a little ‘straight-laced.’ Sure there are intricacies to following the volatile markets, but with a host of strange trading theories lingering around things are perhaps not as ‘normal’ or ‘ordinary’ as they…
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In the previous entry in this series, we talked about the two different outlooks when it comes to setting up your trading system. Whether you are going to be a contrarian trader, or whether you're going to go with the flow. As mentioned,…
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The U.S. dollar was seen edging higher on Thursday. On the economic front, data included the German trade balance which rose 17.6 billion. This was smaller than the forecasts of 18.2 billion. The European Commission released its economic…
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The quarterly GDP data for the Eurozone showed that the pace of growth advanced at the slowest pace in four years. The decline in the GDP's pace of growth is attributed to the new emissions standards for cars which pulled down the…
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On Thursday, November 8th at 19:30 EST, or Friday, November 9th at 01:30 CET, the Reserve Bank of Australia will release its Monetary Policy Statement (sometimes abbreviated as SoMP or MPS). The statement is a key bit of insight into…
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