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Brexit, Italy and Trade War as Focuses in Holiday Shortened Week
Sterling was overwhelming the weakest one last week on Brexit political drama in the UK. It's now even uncertain for how long Prime Minister...
The Weekly Bottom Line: Oil Industry Woes to Weigh on Growth
U.S. Highlights
Equity markets were volatile again this week as concerns over global growth remained top of mind for investors.
Economic data continues to...
Will Oil and the Stock Market Derail Fed Tightening?
The stock market has weakened recently and oil prices have moved lower. Unless the core rate of inflation recedes, however, the Fed will probably...
USD/JPY Bullish Trend Under Threat After Cautious Fed Member Comments
Taking a break from our non-stop Brexit coverage, we want to highlight a key development that on the US monetary policy front that may...
China Weekly Letter: US-China Rivalry Here to Stay Despite Possible Ceasefire
Key points this week
Lots of speculation about the Xi-Trump meeting
Economic data points to more weakness short term
Trade deal or not –...
Weekly Economic and Financial Commentary: Incoming Data Reinforce Slower Pace of Global Growth
U.S. Review
Despite Recent Price Drop, Oil Still Swaying Econ Data
At the start of October, the WTI price for a barrel of oil was...
The Weekly Bottom Line: Oil Industry Woes to Weigh on Growth
U.S. Highlights
Equity markets were volatile again this week as concerns over global growth remained top of mind for investors.
Economic data continues to...
Will Oil and the Stock Market Derail Fed Tightening?
The stock market has weakened recently and oil prices have moved lower. Unless the core rate of inflation recedes, however, the Fed will probably...
USD/JPY Bullish Trend Under Threat After Cautious Fed Member Comments
Taking a break from our non-stop Brexit coverage, we want to highlight a key development that on the US monetary policy front that may...
Dollar Lower Ahead of Crucial Week for Brexit and Italian Budget
The US dollar is weaker across the board on Friday. The comments from U.S. Federal Reserve Vice-Chair Richard Clarida on interest rates nearing a...
China Weekly Letter: US-China Rivalry Here to Stay Despite Possible Ceasefire
Key points this week
Lots of speculation about the Xi-Trump meeting
Economic data points to more weakness short term
Trade deal or not –...
Elliott Wave Analysis: USDJPY Update
As expected, USDJPY is finally turning lower, which more and more looks like it's a wave »iii« in play after that projected leading diagonal...
Australia & New Zealand Weekly: Mixed Signals on Housing but Adjustment Process Seems Likely to Have Further to Run
Week beginning 19 November 2018
Mixed signals on housing but adjustment process likely to have further to run.
Australia: RBA Governor Lowe speaks, RBA...
Week Ahead – Italy and Brexit Risks to Remain Elevated ahead of Thanksgiving Weekend
The coming week will be an unusually quiet one for economic releases but political developments in Britain and Italy will likely provide plenty of...
Week Ahead: Growth Concerns and Brexit Key Focal Points for FX and Stocks
The pound is probably where we might find heightened volatility again next week, although the potential is there for the US dollar or the...
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Brexit Monitor: Decent Brexit Still Base Case But Uncertainty Has Risen
Key dates
Very near term: Will there be a no-confidence vote in Theresa May? If the threshold of 48 letters is triggered, the...
Brexit Monitor: Cabinet Not Unanimously Behind May While Brexiteers Are Discussing Whether To Try And Challenge Her
Key dates
Today (14 November): UK Cabinet meets to discuss Brexit deal at 3pm. Will the Cabinet support the deal?
25 November (not confirmed):...
Brexit Update – EU and UK Agree on Draft Deal, Still More Challenge Ahead
Brexit news again dominates the headline as UK Prime Minister Theresa May announced that she has gained support from the Cabinet the Withdrawal Deal...
Italian Politics Monitor: Budget Truce Postponed
The Italian government overnight resubmitted its 2019 draft budgetary plan, but in line with our expectation any changes were ‘cosmetic’ rather than substantial, in...
01 – Fundamental Analysis Overview
As you have already read, Fundamental analysis is studying the economic fundamentals of a currency, country, or economy. Economic fundamentals really is a very...
01 – Support and Resistance
For the bushy-tailed and bright-eyed newcomer, technical analysis of the Forex market often becomes an obsession.
I know for me it was.
Although you will learn...
00 – Trading Psychology 101
Now that you've studied the basics of technical and fundamental analysis, as well as the importance of proper risk management techniques, it's about time...
00 – Risk Management 101
In forex trading, there are several factors that you can't really control. While you can be able to make predictions based on fundamental analysis...
00 – A Beginner’s Guide to Fundamental Analysis
What is Fundamental Analysis?
Fundamental analysis mostly refers to the use of economic data to predict forex price movements. While technical analysis focuses on historical...
00 – A Beginner’s Guide to Technical Analysis
Technical analysis refers to the study of past price action as a guide in forecasting future price movements. This involves looking at candlestick formations,...
01 – How to Start Trading in 4 Easy Steps
1. Register with OctaFX by opening an account
Having an account allows you to access your personal area on our website and to trade...
01 – How Does Forex Work?
How Does Forex Work?
Forex trading is the simultaneous buying of one currency and selling of another
These two currencies make up what is...
Is it Real to Earn on Forex Without Investments?
A currency speculation is the basis of earnings on Forex. That is traders trade according to a simple principle "buy cheap, sell expensive". The...
Forex Forecasts: Basic Forex Forecasting Techniques
It's not an exaggeration to say that the Forex market is the largest financial market in the world, especially with a daily volume of...
What is the US Nonfarm Payrolls or NFP?
The United States nonfarm payrolls report is probably one of the most important economic releases every month. The nonfarm payrolls or NFP for short has a strong influence on the markets, even if it's just short-term.
Forex Trader Checklist: Top 10 Must-Haves for the Ultimate Home Office
Setting up a proper trading station at home is easy and highly effective. It improves focus and optimizes personal efficiency much needed in forex trading. Whether you are a novice or an expert, your home office can easily affect your mindset and productivity during trade hours.
Institutional FX Positioning: Don’t Fight The Flow
Informational Imbalances
The development of trends in FX markets relies on the aggregation of institutional order flow to drive a currency or currency pair in...
Trading Plans – A Forex Trader’s Friend
“Everyone has a plan ’till they get punched in the mouth” – Mike Tyson
In the fast moving world of Forex trading, where high-concentration is...
Mastering Risk Management within Forex Trading: Professional Techniques Simplified
Risk management is a phrase traders love to hate. It's the first thing new Forex traders are taught, and it's the first thing they ignore. No matter how much the pros emphasise risk management, the new trader is too easily distracted by the lure of their charts. There's no stopping the train.
Size DOES Matter… When Considering Risk and Strategy!
A phenomenon that a lot of traders notice – and you might have seen it yourself – is that when they increase the size...
Forex Trading Psychology
Forex trading psychology is a big thing. Often, it is the psychology, not a lack of academic knowledge or skill in application, that is...
Become a Successful and Balanced Trader with These 5 Trading Virtues
Get to know the trading virtues you need to develop for a successful trading career. Virtues are described as traits that revolve around moral...
How to Identify and Trade the Strongest Part of a Trend – Part 1
Technical indicators are often used by traders for a number of reasons, but primarily to detect the changes in the markets. Technical indicators are relied upon for signs of any change in direction, or the momentum in the price of the underlying security as well as volatility in the markets.
Supply and Demand Trading
In the following article, our objective is simple: to try and shed some light on how one can trade supply and demand on a...
How to Use Retail Sentiment to Gain an Edge
If there's one overriding instrument that can help smart traders obtain a clear edge, it's the Sentiment Trader. Top tier brokers have been opening up their books for years now, plainly showing how their clients are positioned. This data was always readily available to brokers, but only in the past 8-10 years has it actually become "public information".
What is an AB=CD Pattern?
Developed by Scott Carney and Larry Pesavento, after being originally discovered by H. M. Gartley, the AB=CD pattern has become an effective technique to have in one's toolbox. After months of research, back testing and also live trading, we feel comfortable presenting this setup to our readers. Just to be clear, the following is not the holy grail. We've simply took what Carney and Pesavento taught and traded it in our own way, and so far, it's worked nicely.
Session Map: How to Trade Different Money Centres
When experienced stock market speculators attempt to apply their battle-tested systems on Forex pairs, they often suffer the same setbacks as aspiring traders. Why is this? What makes the Forex market so different from stocks, bonds, or indices?