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Markets on Tamar's Radar

This week, Tamar Mehr takes us through several trading opportunities on the Forex market, explaining the levels she is after and the multiple reasons for the potential move.

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

Strong U.S. Dollar - Talk Of The Town

Last week, a key theme swept across the FX markets for all to see, US Dollar strength! The US economy had a very positive non-farm payroll figure announced on Friday of last week which was bullish for the USD. In the largest increase of the year, the US economy saw 271,000 jobs added in October which lowered the US unemployment rate to 5.00%. 

Controlling FX Exposure

Risk control should be at the forefront of a traders mind at all times. Traders need to be continually aware of what their exposure is to any product at any time, just as a scuba diver is aware of how much air they have left in their tank. Traders without stringent risk control procedures in place, risk losing all of their trading capital. Too often we see traders come to us who are far too focused on how much they are going to make rather than how they are going to ensure they control their downside.

FX Market Update Ahead of Nonfarm Payrolls

The first Friday of the month is near and that means the US Non Farm Payroll figures are due out. These figures represent the change in the number of employed people during the month excluding the farming industry. These give investors a leading indication on the health of the US economy therefore they are watched very closely and can create a huge amount of volatility. Watch Tamar's video commentary below as she analyses how the technical's are looking ahead of Friday's announcement. 

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

Stop Chasing Big Winners

The majority of people who trade the markets are only focused on looking for that next big winning trade. They either feel like they need to make the money back which they have lost or they feel like one big trade is going to change everything for them. It's a trap that many amateur traders fall into and one that time after time works against them. 

Market Review - 2nd November 2015

The Dow has started to pullback slightly on the daily chart so Simon takes a look at where we might expect a pullback to. Platinum continues to look good to the short side with a confirmed lower high on the weekly timeframe. GBPJPY is still looking bullish particularly on the monthly chart with last month’s high just being broken. 

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

Trading after Work

In this week’s video, Craig takes you through a scan of 15 FX products in under 7 minutes to display to you all that trading need not be a long and time consuming endeavour. Yes, it will take time to get to the pace Craig scans but with the right tools and some practice you could be on the right track soon.

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

The Daily Chart is King!

Yes, that’s right; the daily chart should be the chart in which you focus most of your attention on as it forces you to see what’s going on in the big picture! Starting out looking at charts can be so daunting as there are so many different timeframes in which you can view so it’s hard to know which one to focus on. Let us make it simple for you – Focus your attention on the daily timeframe first!

What Do You See?

Take a look at the chart below and take a moment to write down what you see in the chart.

To Trail or Not to Trail?

This article discusses the issue between using a trailing stop (in the belief that it will extract the maximum amount of profit from a winning trade) versus using a set/fixed stop in conjunction with profit targets until the trade has closed.

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