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Month: December 2016

30 Dec
Forex Market Preview

30 December 2016 – Dean Forex Market Commentary

Today is the last trading day of the year and already we can see evidence that there is very little market participation this morning. Traditionally this can be the worst day of the year for retail forex traders as big market players’ start rebalancing their portfolios, and after such a turbulent 2016 it is only […]

28 Dec

Social vs Copy Trading

Today’s reality is that you just need to walk down the street on any given day to see the extent to which social media has taken over our lives. Eyes and ears are glued to cell phones and tablets and, among the younger generation, social media has simply become part of the daily routine. Like […]

24 Dec
Forex Weekly Review

24 December 2016 – Dean Weekend Forex Market Review

The markets were eerily quiet yesterday, you could hear the tumbleweeds roll on through the major financial hubs as desks emptied out ahead of the holiday season. I expect reduced trading activity next week and the market to only get going again in January, and after a really tough 2016 you can’t begrudge traders from […]

23 Dec
Forex Market Preview

Dean Forex Market Commentary – 23 December 2016

As traders start preparing for the holiday week ahead so trading activity becomes more limited, I suspect that this may continue into the New Year. As we have got closer to Christmas weekend so all the pairs and instruments have become muted and ranges have got narrower. It seems as though price action is dominated […]

20 Dec
Forex Market Preview

Dean Forex Market Commentary – 20 December 2016

Dean’s Daily FX Update – 20 December 2016   In the Zone GBPUSD AUDUSD NZDUSD Noteworthy News First a Russian ambassador is shot and killed in Turkey and shortly afterwards a bus ploughs through a Christmas market in Berlin. This type of geopolitical risk often means traders climb into the USD. Recap Holiday trading can […]