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How important is the News for traders?

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Forex speculators all around the world are participating in the movements of Trillions of Dollars within the Foreign Exchange Markets. Forex Traders monitor the news, inflation reports, central bank talks, NFP, FOMC, Trade Balance, CPI, Retail Sales and political events.

The news is therefore constantly measured to gauge the market sensitivity. A nations Government actions for inflation along with other news can impact upon an economy and other nations economies. Geo-Political news such as wa

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Is there such a thing as insider trading and insider information?

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Perhaps to begin with, we should examine what this means and then decide whether or not it is possible.

An insider is a person who can access an organisations non-public information.

This could be employees handling or accessing valuable data, ranging from the accountants, solicitors, directors, CEO’s and anyone else connected in some way.

This includes friends, acquaintances and even Government officials. Furthermore, if the in

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The Difference

I have recently been helping a friend with his market outlook and approach, i have only helped a small few as we all know there are many factors in this game, and when one learns that simplicity is the route to succes it becomes much easier.images?q=tbn:ANd9GcRZctNUmfXcIpuAiWJUn2z_BnGt0QopfoZ06zm28odfQqMurZGTiw&width=400

When giving guidance in the form of answering good questions with really good answers i have come to realise, it still is difficult in the beginning stages for new people in the markets to grasp the difference between a security and the market, reading up on

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A New Forex Trader - "I'm Like a Dog Chasing Cars"
What would a dog do if it actually caught a car? Lets paws for thought for a few moments and then look into this a little deeper and gain some understanding of how this can perhaps be cured in a Forex Trader or avoided altogether. Forex Traders are naturally wired to chase moving objects like price action and attempt virtually every pip throughout the trading session. Mainly due to lack off knowledge, training, experience and patience which as

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EURUSD Rise and Fall

I have added the video above to this post since writting it to provide completeness of information for the reader.

Needless to say, the video was inspired by these trades, I hope this post helps folk how to trade.

Best Regards,

Sir Gissa

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How to Trade Forex:

Technical Analysis Forex Trade EURUSD 1,370 Pip Long

Using Forex Chart Patterns and other Forexmospherian Trading Techniques like JBCB, CBA and FPA

Technical

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Trading in a place called ForexLand

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Trading in a place called ForexLand

The Rabbit hole of thinking and raising Trading awareness with Market savvy can be explained away in a wide range of intricate FX scenarios. Luckily though and just a short hop away are some interesting Forex facts along with a short punchy story to share. Which should not go beyond the scope of reasonable thinking for some FX folk. After all, other folk can and will make life and Foreign Exchange trading as technical and or as complicated as they like.

If

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Image result for BIG BANKS

First of all I would like to recommend a great document out there - "DB Guide to Exchange-Rate Determination" which was written by Deutsche Bank in 2002 and is overfilled with FX rate determination, forecasting methods which can be used for all short term, mid-term and long term trading. If you haven't read it, look for it, download to your Kindle and take the time. It is worth reviewing. :)

In the documents several FX trading strategies are described with reference to many academical papers

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1497495?profile=RESIZE_1024x1024At the Start of this Millennium, Currency Trading  / FX / Forex was been sold to potential newbie traders as one of the best ways to make your millions from just a small capital base and a few hours of work a week. We had all heard about all the money Hedge Fund and Bank Traders had been making during the 80's and 90's and now with the availability of the world wide web and access to the markets - it was time to get involved.

All you had to do was spend a few weeks or months learning how to tra

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We mentioned in part one about the Forex Market really being a "zero - sum" game - that's after the "trade" - ie Brokers / commercial agents etc have had their "spreads and commissions" off traders participating in the market place.

We also mention the "them and us" - IE commercial institutions / Banks / Governments / Hedge Funds etc - being them and us - being the "poor little relative" - ie the Retail Trader - working for ourselves and trying to make a profitable return from our Capital and

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1497310?profile=RESIZE_1024x1024Choosing the right Forex Broker amongst the Good, the Bad and the plain old fashion Ugly.

Fortunately a trader has more than just a few short moments to make up their minds here. Eliminating the Bad straight off the bat and finding those which promise much but do not seem to deliver when actually needed. Therefore and at the very least, research and due diligence should deliver us from evil and instead, into the hands of a professional high quality efficient and effective service when it coun

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Currency Trading is just really the largest "money game" on the Planet - played by loads of all different people and organisations around the World.

We have really 2 main sections - you could say "them and us" - with us being part of the retail section or community - ie individuals - not working for Banks or Hedge Funds, commercial organisations etc - but instead just for ourselves. "We" only account for approximately 5 to 8% of the total FX market  - whereas just 5 very large banks account f

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Forex Artificial Market

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Hello guys,

It is a great feeling to be back here with the best traders. It was a busy semester for me, no time for trading, so glad I can spend more time around this great place with all of you now.

I would like to show you some (for me interesting) findings, I have made with an artificial market which I have worked on as a semestral project. The main goal was to find out under what circumstances can a market crash appear, but this is not what I will talk about in this blog post.

I think i

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ForeXmospherian EUR/GBP Nessun Dorma Power of 3

Just to reiterate Prediction and the relativity of time frames traded, often discussed but am quite sure not yet discovered for some.

Prediction, so the Question could be; "How can anyone predict the future before it happens with any degree of accuracy". In the case of most things, based upon one's own experiences, predicting the future could be correctly seeing and translating the now but more over, by observing the now with a watchful eye o

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Uses IVks | Forex Food for Thought

1494505?profile=RESIZE_1024x1024So when looking through my pages at all of this forex trading jibber jabber, to me it's a works in progress for preparing and writing a useful traders blog which could be used as a trading tip. I'll try to get my thoughts down here and explain my trading journey with some forex pathway tips and a story of how I got here with the Forexmospherians. I know everyone who has posted so far, you are my friends from around the world going back more than 10 years and so I do hope you will understand my f

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WRATH OF THE BRITISH KAMIKAZE

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THE WRATH OF THE BRITISH KAMIKAZE

In posting this Forex blog I must say that I am practicing what I preach so to speak and letting go of a trade on this currency pair that I missed. Also reiterating the reason we are here at Forexmospherians is to help eachother and improve ourselves by sharing ideas and trades, the good ones or bad ones. So here is a recent trade showing my approach and outcome of how I eventually left it. I feel certain its a regular set of circumstances which can be shared

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Helpful Hints

Share a Trading Tip, Trick, Knowledge or Technique with the Community. Try to avoid just simply posting a link or video and saying this is great. Explain what makes it great or how this was useful. Sometimes things are simply entertaining but still useful and so explain in detail with diagrams, photos or charts. Descriptions with as many details are always interesting to read and so say what could be useful to know here. Community members are welcome to comment, ask questions or add to a post.

"Keep a Record of the Business or Currency Pair Traded. Reasons why the Trade was taken. When was the Exit. How and why the Trade turned out the way it did"

"It's my pleasure to be part of this forum, which is always different than other places & with a friendly environment. Glad to be in this team"

"Yes, the truth requires neither our belief nor understanding. However to harness truth and apply it for our benefit we must at a minimum allow that it is possible".

"We all know we will never be 100% Accurate with 100% win rate over 100's or 1000's of trades - but as long as your winning pips and money - add up to a lot more than your losing pips and money - then "Bingo" you are successful winning FX trader"

"I figured this was a legitimate break, so I went on the hunt for evidence, so here in succession is the list of clues I used to make my decision:

Rejection of market and weekly pivot at ema confluence.

Complete and broken head and shoulders on 1hr time frame.

Broadening formation on daily with test and rejection of 200 day ma

Bull hinge on daily and Renko stochastic.

Positive momentum on 5min, 1hr, 4hr and daily chart"

"Remember that all models are wrong; the practical question is how wrong do they have to be to not be useful" - George E. P. Box

"Sometimes You Win,

Sometimes you Learn".

"Forex Market analysis relies on two types of analysis much like Stock Markets:

Technical Forex Market Analysis views the data on a chart and considers that the News and Data is built into the Price already (economic, political, social, sentimental and psychological). Various tools and indicators will be used by technical traders, for instance MACD, Bollinger Bands, Moving Averages and more.

Fundamental Forex Market Analysis also uses indicators, for instance reports, Gross Domestic Production (GDP), Retail sales, Consumer spending, Industrial Production, Consumer Price Index, Commodities, Economic Calendars, Balance of Trade levels which could identify Trends between other Nations and more."

"Short rapid bursts and quick glimpses of an entry, trigger activated, trail in place and exit strategy and plan already set. Within a blink of an eye, instinctively the buy/sell button is pushed. The hammer falls and clanks decisively, echoing, sparking, like steel upon steel and the trade is executed. A Traders heart beats on with perfect set up, closely aligned with strict parameters, ready to continue the attack or recoil on a wire. Wrap the profit and then stand down, ready for the next hunt"

"When we are talking about sentiment it is very hard to say that this sentiment will prevail another 6, 9, 13 hours. Sentiment is not a constant line. Main trend is bearish, tech picture on daily is bearish, even intraday neutral. Nobody restrict to play long eur short usd position with the target at 1.12 or even 1.1361, this is every traders individual choice as always"

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