Hi, on the 17th November in the members area and subsequent live training sessions, I showed how there was a potential 900 pip flag pattern developing on the Gbp. I explained how you could use that information to start building a position in the Gbp and why. I also...
The Great Depression was the worst economic downturn in the history of industrialisation, lasting from 1929 to 1939. What began after the stock market crash of October 1929 sent Wall Street into panic and wiped out several millions of investors. Fast forward 90...
Hi, here is a copy of this week’s live training session. I showed how “whole numbers” can be a big help in simplifying your forex trading I explained that you need to decide what type of trader are you? Are you aggressive? Do you prefer to trade with...
Understanding forex news & how it affects currency prices. Last week the Aussie unemployment figures, as shown on Forex Factory, came in as expected in terms of the % of people out of work, but the employment change was worse at-0.5k as opposed to the expected...
Good morning all What`s up or down this morning? A couple of weeks ago in one of my Friday posts I showed you how the average daily ranges of most pairs have dropped significantly. I looked at 29 pairs and out of the 29 only one (GBP/Aussie) had a daily range over a...
There is an indicator which you can use which predicts the direction of the global economy, something fundamental to trading. It can predict when the economy is growing or contracting, give us a heads up in terms of if a recession is looming and also provides advance...
Hi Guys, here is a recording of this weeks live forex training session. Pierre & I host this every week for members of Forex Mentor Pro. We show in advance what we are looking to trade and why. Members are encouraged to take part & ask questions and look at...
A week or so ago I wrote an article about why people should use fundamental analysis in their trading. If you haven’t seen it yet, go have a look here, it’s a bloody good read even if I say so myself :-). Today I’m going to look at another objection...
Why Use Fundamental Analysis? I’ve always been into economics and global macro politics, it’s something I’ve just always “got”. My trouble was never actually being able to trade technically, I struggled to look at a chart and find sensible entries. So it’s...
Good morning all. What’s up and what’s down this morning? Well, let’s have a look…… There is yet more scheduled news for the Aussie, including interest rate news and statement. The RBA governor Lowe is also making a speech on Tuesday, in Sydney about the housing...