Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Up Next: The Bank of Canada Rate Decision

One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The decision is scheduled to be announced on Wednesday 24th April at 15:00 PM London time. Why Is The Announcement Important? A bank interest rate is a rate at which a countries central bank lends money to local banks. The interest rate is charged b...

April 23, 2019
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GO Markets’ Giant Leap into MENA; Granted DMCC and DGCX Membership

MELBOURNE, AUSTRALIA – 18 April 2019. GO Markets is pleased to announce its expansion into the Middle East and Northern Africa (MENA) region, operating as GO Markets MENA DMCC in Dubai, UAE. Located within the economic ‘free zone’ of the Dubai Multi Commodities Centre (DMCC), GO Markets MENA DMCC has obtained its membership with the Dubai G...

April 17, 2019
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ASX200: the Top 5

GO Markets recently announced the addition of ASX (Australia Securities Exchange) Share CFDs to the product offering, increasing the number of instruments available to its clients to over 250, which also includes Forex, Commodities, Indices. The latest addition will enable clients to trade multiple assets from one single platform. In this article...

April 17, 2019
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Largest Crude Oil Reserves in the World

We have seen the price of crude oil (USOUSD) rise by about 43% since the beginning of the year, from around $44 per barrel to $63 per barrel at the time of writing this. It reached the highest level since November 2018 last week, on the 9th April to be exact, when it was trading at around $64.71 per barrel. In this article, we will take a look at...

April 16, 2019
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Are You Just ‘Interested’ OR REALLY Committed to Becoming the Trader You Can Be?

Look, we get it… the thought of making money from the financial markets is appealing to the newcomer (and even experienced trader). Appealing enough to invest some time (often a great deal) and some money (often a great deal). At this stage, it is “interesting” (even exciting), but NOT committed. You may even have been told it is easy i...

April 15, 2019
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Are You an Honest Trader? 5 Powerful Questions to Ask Yourself Now

“The least initial deviation from the truth is multiplied later a thousandfold.”  - Aristotle We came across the above quote from the famous Greek philosopher and couldn’t help thinking how relevant this is to trading, so thought it was worth a discussion to stimulate some self-reflection of your behaviour and thinking like a trader. ...

April 11, 2019
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5-point checklist for using chart patterns within your trading plan

  Chart patterns (e.g. head and shoulders, triangles, double bottoms/tops), are commonly used to assist in trading decision making. If using these as part of your entry approach, their use should be viewed as a specific strategy, amongst others you may use, and so merit a dedicated section within your plan. This article outlines some of ...

April 11, 2019
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Accumulating into a Profitable FX Position: Opportunities and Risk Management

Position accumulation is to increase exposure to a currency pair, by adding a second (or more) position in the same trading direction. Although on the surface the opportunity to increase potential return is attractive, there are also risks that MUST be at the forefront of your thinking. Are you ready to accumulate? Before considering position accu...

April 9, 2019
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Federal Budget – “Back in the Black”

Federal Budget - "Back in the Black" "Returning the budget to surplus, delivering more jobs, providing lower taxes, guaranteeing essential services." We are in the election year, and the government needed a budget that will please voters. Treasurer Josh Frydenberg delivered his first federal budget and conveyed his plans for a stronger economy....

April 3, 2019
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Your Trading Journal Blueprint – Free Download

  Those of you who have attended any of our LIVE Inner Circle education sessions, or participated in our courses, will know that a regular theme covered is the importance and benefits of measuring your trading. One of the key tools we often discuss is the use of a trading journal. For those of you less familiar with this as a concept, a ...

March 29, 2019
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Hawkish & Dovish Explained!

Hawkish and Dovish are two crucial words widely used in our industry whenever there are central bank speeches or talks about monetary policies. But what does it mean? Central banks are more transparent than ever and forex analysts or traders try to dissect the overall tone and language used when central bankers speak to see: How the economy...

March 28, 2019
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GO Markets Launches ASX Share CFDs; Flags Release of US Shares CFDs

MELBOURNE, AUSTRALIA – 27 March 2019. GO Markets is pleased to add ASX shares to its CFD product range, increasing the number of instruments available to more than 250. With a previous focus towards Margin FX (Forex), CFD commodities and Indices, the move is expected to open the door to traders seeking multiple assets within a single platform. ...

March 28, 2019
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Is your trading plan specific enough to allow meaningful and decisive ACTION?

A written trading plan, usually comprising of several guiding action statements, serves the following two invaluable purposes: Facilitates consistency in trading action e.g. in the entry and exit of trades, allowing the trader AND Measures the strategy used specified within each statement to make an evidence-based judgement on how well thes...

March 21, 2019
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Are You Appropriately ‘Aroused’ for Peak Trading Performance?

There is NO such thing as emotionless trading AND in many respects, it may be considered that it is a good thing too. After all, correctly targeted emotions will allow you to: Have an exciting, compelling trading purpose that drives you to do the hard yards with your learning (we know some people fail to complete a course or put learning into ac...

March 8, 2019
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Know the Score: Holding Costs of Daily Fx Positions

Many traders consider trading daily timeframes but when used to trading the shorter timeframes, overnight holding costs of positions may not be something they have come across previously. This brief article has the aim of understanding why these trading costs exist and how they are calculated. But First…An important message about holding costs�...

March 5, 2019
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