Understanding the difference between capital adequacy and liquidity "There is a lot of misunderstanding about what is adequate capital and what is liquidity in financial services and certainly among economists and disappointingly so among regulators...
Nonfarm payrolls is a major trading event every month. The US employment report often sets the agenda for the weeks ahead. It's a complicated data point but the market moves very quickly...
Markets are the ultimate humbler When we're confronted with a totally different view from our own, we have two ways of looking at it: We're biased, or the other person is. You can guess which choice people instinctively make...
What are your thoughts on the art of hedging? Many people use hedging. The main reason is to reduce risk in a trade. However, a series of hedges can also be a strategy to make money too. I'm a pretty simple trader...
To achieve consistency, you will need to be able to adapt to changes in the market after you get into the trade. Holding on and hoping to hit your target is far from the best strategy...
In the interbank market the Analyst, the Trader and the Risk Manager are divided into three distinct roles. The analyst is responsible for understanding the impact of fundamental data and the technical picture, with a goal of getting the direction correct...
I've posted before on the work of Philip Tetlock, but I can't get enough of him...
It's time to stop looking for the "Holy Grail" - an edge, strategy or system so perfect that it can't fail. You will never find it, because it doesn't exist "out there". We chase this Holy Grail, because we think it will allow us to trade confidently and successfully...
Cup with vanilla latte and a bearded guy behind his notebook… This picture can be seen in almost any cafe. Modern technology allows us to work from anywhere in the world. And in a cafe with free WI-FI, we also have the opportunity to order a snack, tea or coffee...
Novice Forex traders believe that fundamental analysis is something very difficult, which requires higher education in economy, outstanding intelligence and heaps of free time for analyzing statistics, ratios, etc. This is not true. Fundamental factors are not as difficult as lot of people think...
What very important to your profitable trading performance ? I think, that you have a proper area in your house to trade from, because your environment has a direct influence on your mindset, and your mindset has a huge affect on your overall trading performance...
The annotated GBP/USD Brexit day chart Maybe it's a early to take lessons from Brexit trading but it's tough to track down the levels and headlines years later, so here's a quick one. At the low of the day of 1.3229 in GBP/USD it was down 11.92% from the highs of 1777 pips...
There is one immutable rule in trade, which is: "Always stick to your stop orders." Before entering each transaction, you should know your risk tolerance threshold. This is - the best way to make sure that your losses are controlled, and you do not get too emotional in their trade...
According to the World Bank Trade Data (IBRD-IDA) -World Integrated Trade Solution (WITS) , the Total World Trade during 2014 equal to 19.01 trillion USD for imports and 19.06 trillion USD for exports . The annual growth rate was 2.7% & 3.3 % for imports and exports respectively...
Modified from someone else code here (I'll get the name later). For MQL4, Build 971. Hopefully this will not upset anyone, but... you never know.... Your comments and improvement suggestions appreciated...
In less than 24 hours a potential market-mover is set to take the forex scene for a ride. Yep, I’m talking about the EU referendum! In case you missed it, our British friends are about to decide if they want to either stay or leave the European Union (EU...
Experiencing losses is as much part of forex trading as winning trades. Unfortunately, a lot of traders take losses personally and they end up reacting to their losses by taking revenge trades. Revenge trading is mainly driven by the fear of being wrong...
A Greek philosopher once said that “the only thing that is constant is change.” This adage is never taken for granted in the world of forex trading. The nature of the industry doesn’t make room for those who are too set on their ways...
I’m pretty sure that most of you know what it feels like to be “in the zone.” Whether it’s in trading, sports, or in a contest wherein you have to come up with the best pick-up lines, it feels as though the stars align and the whole universe conspire to make you feel better...
