Economic Insights Japanese exports return to double-digit gain Japan’s exports growth in May surged to 10.1% from the previous 3.8% in April, taking advantage of the weakening Yen since November last year. Meanwhile, overseas shipment activities in the 2nd largest economy only grew 1% last month. Source: Bloomberg, ... Read more >>
I received a Tweet and an email from Ryan Dennington who wrote: @mariosingh I do have a question for you. Have you heard of the sniper strategy? (50 EMA & time frame alignment) My business partner and I have been using the Sniper Strategy for about a ... Read more >>
Daily Market Report for 18 June 2013: Yen Direction Remains Unknown as Protection Cost Rises
18 June 2013Economic Insights Increasing bets on Japanese Government Bond (JGB) reversal strategy suggests short-term volatilities remain high Increasing demand on put options in JGB futures signaled that the recent rising yield could be ongoing in the near term, when many large financial institutions could use strategy to protect ... Read more >>
What other zero-sum games besides Forex can we trade in the MetaTrader 4 (MT4) Platform? : Question from FX Newbie
18 June 2013Similar to Forex, trading contract for differences (CFD), Oil and Precious Metals (Gold and Silver) are zero-sum games. When there is a buyer, there will always be a seller, and vice versa. The MT4 platform was created by MetaQuotes and used by many other Forex brokers. ... Read more >>
Key Events to Focus On This Week Reserve Bank of Australia (RBA) meeting minutes German ZEW Economic Sentiment FOMC meeting New Zealand’s Gross Domestic Product (GDP) China’s HSBC Flash Manufacturing Purchasing Managers Index (PMI) Euro Zone and Germany’s Flash Manufacturing PMI Bank of Japan Governor Haruhiko Kuroda speaks Euro Finance Ministers meeting Key Events ... Read more >>
What books, besides yours, should new traders read to increase Forex knowledge and skills? : Question from Yingdai
17 June 2013Here are a few titles out of many recommended Forex books for new traders. They are also helpful for traders who want to deepen their Forex knowledge: 1. The Little Book of Currency Trading by my mentor, Kathy Lien 2. The Ed Ponsi Forex Playbook by my other mentor, ... Read more >>
ASEAN Market Review for 14 June 2013: Bank of Indonesia (BI) Unexpectedly Raises Rate to Curb Outflow
14 June 2013Economic Insights BI raises interest rate for the first time since 2011 The Bank of Indonesia unexpectedly raised the interest rate for the first time since 2011. BI aims to curb capital outflow when expectations on the Federal Reserve (Fed) tapering increased and cope with recent rising ... Read more >>
How much should I invest if I start trading on a live account? : Question from Chander Pal Mitra
14 June 2013I received an email from Chander Pal Mitra who wrote: I practised trading in my demo account for three months and I am now trading in positive directions. I’ve been able to convert a USD5000 demo account into USD8000 within a week. Am I risking too much ... Read more >>







