A Whole New Look!

Time to make some changes and as a result of feedback I have redesigned the blog to show the keys to my own trading decisions and the real meat of the fundamentals as revealed each week in data and politics. There is an emphasis on event risk that we can use to protect ourselves and […]

CONTINUE READING...

Wednesday Global Edge Update

Once again we start with the catalysts and we have a number of growing concerns which can have a knock on effect…as Fotis puts it..just like dominoes. They include Chinese traiff management and Turkish economic collapse. The advise is to focus on the economy, the facts show that the US data is supported by cheap money… credit […]

CONTINUE READING...

Friday Update

Thought of the Week: the only system we need is the ability to read a simple chart: what we need to understand is that there is only one thing we need to practice…and that is our own minds! This has been another busy week, with central banks centre stage and more choppiness. The hype continues on […]

CONTINUE READING...

The Holiday Spirit!

  Last week July 4th was celebrated midweek and as if to mark another round of independence, trade wars started for real against China on Friday. The US equity markets stayed cool, against the threat and in fact rallied into the close. Whether that was due to the holiday spirit and the national fervour extending […]

CONTINUE READING...

Beware July 6th!

July the 4th and the independence celebrations in the US are behind us, and now we quickly have to turn our attention to July 6th. NFP week as we all know is a day not to be trading forex, but it also happens to be tariff day in China, and targets 34billion and represents 25% tax on […]

CONTINUE READING...

Trade Wars, Word Wars And Tweets

The week’s geopolitical events continue to unfold. Syria is the top of the list as we wait for Trump to make an announcement on whether or not any missiles attacks…much tweeted about by way of threats to Russia, will go ahead. It has done nothing to settle nerves in the financial markets, still concerned about trade wars. […]

CONTINUE READING...

Theory Into Practice: Tit For Tat etc!

Yes, China is retaliating with more tariffs on US goods. Initially, the market took it badly but since the open of the US Wednesday session, ithas regrouped and reconsidered. That may be because the damage assessment has changed but more likely to do with US Treasury secretary Mnuchin indicating further negotiations to smooth out the differences. […]

CONTINUE READING...

Theory Into Practice: Understanding the USD

Powell has spoken for the first time as chairman of the FOMC. Whilst the market never underestimated the importance of his words they may not have been expecting quite as hawkish a beginning as the one they heard. It clearly projected a faster pace of rate hikes than previously. he pointed to the strength of […]

CONTINUE READING...

Theory Into Practice: Enter Mr. Powell!

Powell has spoken for the first time as chairman of the FOMC. Whilst the market never underestimated the importance of his words they may not have been expecting quite as hawkish a beginning as the one they heard. It clearly projected a faster pace of rate hikes than previously. he pointed to the strength of […]

CONTINUE READING...
1 2 3 19