By

Nigel
  Stochastic processes are those that change in a seemingly random way. This applies to many activities of human endeavor including science, technology, and finance. In finance, in particular, this refers to the attempt to make sense of the apparently random association between series of price data. The technical indicator known as the Stochastic Process […]
Read More
  The USD/JPY currency pair is one of the most commonly-traded currency crosses in the FX market, second only to the EUR/USD. This cross rate is an indicator of the relative interest rate outlook of two of the most important economies on the planet, and as such it is key to determining future global economic […]
Read More
As a veteran trader, my secret for market analysis is to stick to the technical. We all know that markets rise and fall on the basis of economic forces, but often these only become apparent after the event. Technical analysis, and particularly money management, can keep you primed for that next big move. Gold, arguably […]
Read More
Hello and welcome to the Forecast section of FXPN. I’m Nigel Kersh, and I’ve been looking at the technical chart of the USD/EUR cross. This is an interesting market due to the current fluctuations of fortune of the Euro currency in light of the historic exit of the UK from the European Union. This cross […]
Read More
Whether you follow fundamental trading methodologies in your trading, or whether you’re a dyed-in-the-wool technical analyst, the most significant triggers in your trading are calendar events. So, what exactly is the economic calendar and which numbers are the most important? Many traders treat the global economic calendar as another trading tool. This is hardly surprising […]
Read More
  There’s no denying that investing rewards the methodical, whether you consider it an art or a science. For winners, it’s not the amount of information you have that brings success for you; it’s how you use it. One of the best sources of information to tap is market sentiment. Here’s how you can evaluate […]
Read More
Want to take out membership to the yacht-sailing, Champaign-drinking, Lamborghini-driving billionaire’s club? But can’t actually be stuffed learning how to trade the forex market?   Well, then let me take the chance to welcome you to the SUCKERS club! You’ve been cheated left, right and center!  And I’ll just take those car keys, thanks!   […]
Read More
There’s no doubt about it—there are professional traders out there who make money…lots of money. And one of the most interesting developments of late is a trend to enable wannabee traders to follow the trading behavior of those professionals in an effort to emulate their knowledge, their style, and hopefully, one day, their profits. However, […]
Read More
Think of a technical indicator that tells you when to buy a market that’s fallen too low, and sell one that has risen too high. Sounds like a dream, yes? Well, that’s how the humble oscillator has been sold to traders for years. But is this form of indicator really the Holy Grail of technical […]
Read More
One of the weirdest practices followed by technical traders is to follow technical analysis techniques named after a Middle Ages Italian mathematician called Fibonacci. The fellow actually acquired his name as the son of a man called Bonacci, hence “Fibonacci”, and he brought to light a number of amazing ratios that occur over and over […]
Read More