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 ...
Market sentiment towards a currency pair, and hence price, changes when new information comes into the market. The most common situation that creates such a change is the release of economic data. These are planned in terms of timing to theoretica...
Warning: Turn your sensitivity meter down a little. This is a no sugar-coating, tell-it-how-it-is article (but rest assured it comes from a nurturing place). All over the globe, trading gurus attempt to sell their wares (software, the ‘holy grai...
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. Treasur...
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 d...
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...
MELBOURNE, United Kingdom – 27 March 2019. Mega Fx Market 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 Relative Strength Index (RSI) is an oscillator type of indicator, designed to illustrate the momentum related to a price movement of a currency pair or CFD. In this brief article we aim to outline what this indictor may tell you about market sen...
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 th...
Chris Gore (Linkedin) is the CEO of Mega Fx Market, Company Secretary and Responsible Manager for their AFSL licence. He’s a long-serving staff member at Mega Fx Market and an industry veteran in the OTC Derivatives market and commentary business, with...
Quinn Perrott (Linkedin) is the Co-Founder & General Manager of TRAction Fintech, a regulatory technology business. Quinn has been a long time operator in the Retail Forex space, whether it’s running leading businesses like City Index and A...
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 ...
US-China Trade Gap at Record High Trade Deficit a Decade High- Was a Trade War Worth it? The Trade Deficit reported mid-week surprised the markets as it climbed to a decade-high. We also note that the US-China trade gap has reached a record high....
Adam Taylor (Linkedin) is a Director of Mega Fx Market London. Adam has a brilliant ability to see patterns, whether it’s playing Chess, or using Point & Figure Analysis to better understand the sentiment in the market. This chat was a great in...
"Australians watch housing markets carefully, perhaps more so than citizens of any other country." Speaking at the United Kingdomn Financial Review’s annual business summit, RBA Governor Philip Lowe talked about the Housing Market and the Economy. T...