dAs you know, my view is that 99.999% of traders/gurus/pundits have the cart before the horse in how they believe the financial markets function. They believe that when a bullish or bearish piece of news hits the markets, they...
I spend much time reading MSM financial articles in order to judge prevailing sentiment (definitely not for trying to ‘understand’ the markets). I know, I should get a life. But sometimes, a starkly bullish or bearish stance overall can...
One of my favourite hobbies is to scan the MSM for extreme headlines – and find a reason to bet against it. Recent action in GBP/USD has once again highlighted how profitable my hobby really is. As we all...
Long time readers of mine will know that the ‘fundamentals’ do not drive the market. It is purely aggregate sentiment that moves it. Yes, a ‘shock’ report may give it a kick (such as the Brexit hit to sterling),...
This will be a very short ( and late) WW – back to normal next week. I have been banging the drum for the US dollar for many months – of course, mine was very much a minority...
STOP PRESS My new book Tramline Trading has received a superb review from the editor of SpreadBetMagazine Zac Mir, who calls it the best trading book he has seen in his 25 years in the business. My publishers have...
Announcement My book Tramline Trading is being published by Harriman House and they tell me publication date is to be in July. You can purchase in advance at a discount from their website www.harriman-house.com/comingsoon There is a paper book and...
Really not too much to comment on today. US housing stats continued very weak with existing home sales in January came in 5% down. At some point, investors will notice this and that the US recovery isn’t...