What is a low spread Forex broker? A low spread Forex broker is one who gives you the smallest difference price between the Bid and Ask price. The smaller the distance, you can buy lower, and sell higher, as compared to a broker that has a higher bid and ask price, Correct? The key benefit… Read More »
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Axitrader has introduced 18 new currency and commodity pairs to trade from These include emerging market currency pairs including: Malaysian Ringgit Brazilian Real Chilean Peso Colombian Peso Chinese Renminbi Indonesian Rupiah Indian Rupee Korean Won Phillippine Peso Taiwan Dollar Traders can take advantage of the Malaysian Ringgit slump, or position themselves with the falling… Read More »
USD – wage growth picking up, job market strongest in nearly a decade, bullish for USD, buy dips AUD – can’t cut rates for it would carry risk that extra debt would outweigh additional economic benefits, domestic data not encouraging, but cannot do fiscal policy for fear of losing AAA. … Read More »
AUD – buy dips once, narrower than expected budget deficit, AAA rating kept, budget assumes lower commodity prices. But upside is limited JPY – BOJ expected to upgrade economic outlook tomorrow, stronger yen. Eyes less new debt in financial year 2017/18 buy dips USD – buy dips, fed rate hike, and future rate hike expected… Read More »
EUR – EU’s tusk agreed to allow EU parliament to take part in prepatory brexit talks. EU leaders come to agreement on how to move forward on brexit discussions. This is bullish for the euro, higher chances of better negotiation outcome for eurozone. Final CPI expected same Draghi has concerns over availability of collateral have… Read More »
You will find my sentiment analysis and bias for the pairs for 13 Dec 2016, based on news and fundamentals GBP – hammond backs slower brexit CPI expected to outperform -buy dips AUD – biz confidence good but not good enough for higher levels of investment. Bounce back expected, next Q, be4 subdued growth. It… Read More »
TradingFXVPS standard plan ($25) review Through the month of December & January, I’ve been given the opportunity to review TradingFXVPS for 1 month – $25 standard plan in New York. Here’s the verdict: Verdict Conclusions are written first for your convenience. TradingFXVPS $25 standard plan is a value for money product for traders looking to… Read More »
Watch for Oil to bottom @ $25 in 2016 ——————————————————————————————————————————————————————–