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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Monday, 2 September 2013

Why Most Traders Choke When Trading Real Money

If you’ve done very well on your demo account and then saw all your trading success crumble to pieces when you started trading live, today’s lesson is for you. There is growing evidence from scientists that the reason why we tend to choke ‘when it really counts’, is simply...

BRC Retail Sales falls less-than-expected

The British Retail Consortium said retail sales in the U.K. fell less-than-expected last month, official data showed on Thursday. In a report, British Retail Consortium said that BRC Retail Sales fell to a seasonally adjusted 1.8%, from 2.2% in the preceding month. Analysts...

Forex Trading Signal for 3rd September 2013

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Forex Trading Signal for 2nd September 2013

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Brazil’s trade balance rise less-than-expected

Brazil’s trade balance rose less-than-expected last week, official data showed on Thursday. In a report, Instituto Brasiliero de Geografia e Estatistica said that Brazilian Trade Balance rose to 1.23B, from -1.90B in the preceding week. Analysts had expected Brazilian Trade...

Forex - EUR/USD holds steady despite upbeat E.Z. data

The euro held steady against the U.S. dollar on Monday, despite the release of upbeat euro zone manufacturing data, as investors remained cautious ahead of the European Central Bank's upcoming policy statement on Thursday.  EUR/USD hit 1.3192 during European afternoon...

European stocks higher on strong PMIs, Syria worries ease; Dax up 1.71%

European stocks pushed higher on Monday, supported by upbeat manufacturing data out of the euro zone and China, while concerns over an imminent military strike on Syria slightly eased.  During European afternoon trade, the EURO STOXX 50 rallied 1.61%, France’s CAC 40...

Asian stocks mostly higher after strong China data; Nikkei up 0.81%

Asian stocks traded mostly higher during Monday’s session, buoyed by a strong manufacturing data point out of China, the world’s second-largest economy.  In Asian trading Monday, Japan’s Nikkei 225 rose 0.81% after the Ministry of Finance said that Japanese capital spending...