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October - A Fresh Start

The first day of the new month brings a clean slate for many traders around the world. Allot of hedge funds and individual traders provide monthly reported results to round out the months trading. This provides them with a measure so they can start to review how they traded in September and then take any lessons learnt forward into October.   

Midweek Forex Update Ahead of Nonfarm Payrolls

We're nearing the end of September so Non Farm Payroll figures are to be published out of the United States this Friday. The announcement of these figures is watched closely by market commentators and traders all around the world as they provide a huge amount of volatility in the markets.

In the video commentary below, Tamar Mehr takes us through how she expects the major USD crosses to trade in the build up to the figures being released and in the aftermath. 

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.

Oil, The ASX And Einstein

According to Albert Einstein, the definition of insanity is "doing something over and over again and expecting a different result". Who are we to argue with Einstein? Relating this back to trading, our edge as traders, requires us to execute our trading strategy over and over again in order to exploit our trading edge and make money in the markets. 

Trading Currencies

There is little doubt that currencies are a very attractive market. The sheer size of it almost guarantees good liquidity and tight spreads. With the huge market size comes volatility which provides us traders with the markets moves and trends we are looking for. So how can you participate in this market? There are three instruments available for trading currencies and while they all allow you to trade the market, their characteristics and associated regulations (or lack thereof) make them quite distinct. So let’s have a look at what instruments are available when we want to trade the EUR/USD currency pair for example.

Managing Your State

The state of mind in which you are in when you’re trading the markets is extremely influential to your level of trading success. Managing your state of mind to enter into your “trading zone” whenever you are looking at the markets is a skill that can be developed and mastered.

How to Raise an Order

Raising an order in the markets can be a daunting task for beginner traders and something that can take some time to get used to. This week Craig takes us through an example of how to simply raise your precise entry orders into the market, looking at both buy and sell orders. 

The Decision Making Process

The Decision Making Process

It’s the point in which we make our final trading decision which can be crucial to trading success. We can either choose to take a trade or choose not to take a trade, but the decision that we choose can have some resounding effects on our trading results. Lets run through how we can simplify the decision making process to ensure you make the right decision, to trade or not to trade.

You Do Have Time To Trade!

"I just don't have the time" has been the number one excuse that Craig hears from people in all the years he has been educating clients on how to trade the markets. The fact is, it's NOT a valid excuse for most people out there wanting to become successful traders.  

Reviewing YOUR Trading Week

At the end of the trading week, how many of you actually sit down and conduct a review of the trading week just gone? If you can’t answer yes to that question and you’re serious about improving your trading then perhaps you need to fit a weekly trading review into your schedule. It doesn’t need to be a daunting task; if you allocate yourself just 15 minutes at the end of the week to review your trading performance for that week then it can make a big difference to your trading.

Mark Douglas Tribute

Very sadly, Mark Douglas, renowned trader, mentor, coach and author, passed away on September 12, 2015, at his home in Scottsdale, Arizona.

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