At the recent Astro Fx Hub Daryl Guppy seminar, we had a presentation from Daryl that covered both an insightful economic outlook as well as some of his technical trading approaches. During the seminar, a question was asked about how to ma...
Thursday’s OPEC meeting will be a decisive one for the oil market. OPEC members and its allies (OPEC+) will gather on the 5th and 6th of December for the 177th meeting of the OPEC conference. This producer’s summit is likely to be heavily in...
This year’s Annual Dinner of the Australian Business Economists was probably the most important event before the year ends. In a year that saw the RBA cutting interest rates three times, the speech around “Unconventional Monetary Policy: Som...
Many traders utilise shares or options amongst their investment strategies either for income or capital growth. One key factor that such traders may consider in their choice of specific markets to trade is liquidity, with a higher trad...
What do we know about the state-owned oil giant - Saudi Aramco? World’s largest company World’s biggest state-owned oil and gas companies World’s cheapest oil producer A leader in oil production Second-largest proven crude oil r...
Ideally, as traders, our aim is often to identify potential entries at the start of a new trend (so “first in the queue”) and exit at the end of that trend. Of course, we often will identify a price move where a trend may already be...
Experts suggest that 80% of your trading outcomes can be attributed to your behavioural and psychological interactions with the market. It is your mindset that determines how well you comply with good trading, even if you are sufficiently disc...
Is Germany on the Brink of a Technical Recession? Europe’s largest economy and the world’s fourth-largest economy is at risk of going into a technical recession. Such recession arises after two consecutive quarters of economic decline. In the...
In our previous articles we introduced the SIX steps to improving your trading discipline, offered some guidance on developing “awareness” and explored how to prioritise the trading discipline areas. If you haven’t yet read these arti...
The MACD (or the ‘Moving Average Convergence/Divergence oscillator’ to give its full name) is one of the popular extra pieces of information we often see added to charts. The purpose of this article is to clarify what it may be telling ...
In a previous article we addressed the concept of cognitive trading biases as a barrier to potential successful implementation of a trading plan in the heat of the action you “press the button” on entry or exit action. This article d...
Trading requires a commitment of time. For each of us the amount of time we must dedicate to trading activities is limited and justifiably so by other life activities (for of course, we want trading to contribute rather than take away from lifest...
The Loonie Best Performing G10 Currencies After a tight campaign marred by scandals, Justin Trudeau secured another term as Prime Minister. Unlike a clear win in 2015, the Prime Minister did not pass the threshold of 170 seats and will lead a min...
When we first start to trade, or subsequently (as a more experienced trader) when we trade a new symbol or system we are often “excited” as we see a “hope” for better results. We often forget that the development of expertise in other ...
Mark Austin (LinkedIn) is the Co-Founder of Magnetic Trading, a trading coaching and services business. With experience across prime institutions such as The Royal Bank of Canada and EFG, Mark’s unique insights have helped many discover what it...