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.

Inner Circle video: Become your own trading coach

Please find below the video recording from this weeks Inner Circle session.   Any comments or questions to mike.smith@gomarkets.com     Mike Smith Educator GO Markets Disclaimer The articles are from GO Markets analysts based on their independent analysis. Views expressed are of their own and of a ‘general’ n...

May 10, 2020
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Trading choices: Using a trading journal

  We frequently refer both in the articles we publish and the weekly “Inner Circle” sessions we present, to the benefits of a trading journal. However, the reality is that many traders make the choice not to measure trading despite the logical benefits of doing so. Whether you do or don’t currently, the bottom-line decision you are...

May 8, 2020
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ASX200 Trading Lower; Panic–Buying Drives Record Surge in Retail

The Australian share market struggled to edge higher despite overnight gains on Wall Street. The S&P/ASX200 dropped on the open after a two-day advance as all three US equity benchmarks had pared gains in the final hours of trading dragged by dovish Fed comments. In the afternoon, the index was down 37 points or 0.70% to 5,370. All Ordinar...

May 6, 2020
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Tyson Foods & Skyworks Earnings Reports

Tyson Foods & Skyworks Earnings Reports Tyson Foods and Skyworks are among the two major earnings results released on Monday. The meat processor reported its quarterly results before the open while Skyworks Solutions issued its reports after market close.  Tyson Foods, Inc. (NYSE: TSN) Tyson Foods is one of the largest processors and market...

May 5, 2020
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Apple Inc. and Amazon.com, Inc

Apple Inc. and Amazon.com, Inc The last two of the five most prominent technology companies, Apple Inc. (AAPL) and Amazon (AMZN), which form part of the FAANG group, have reported interesting quarterly earnings and highlighted their actions during this unprecedented uncertainty. Apple Inc. The company missed on earnings estimates but reported ...

May 1, 2020
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Adding the RSI to your entry or exit trading plan?

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 sentiment, and along with other indicators assist in your decision-making. As with most oscillator...

April 27, 2020
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FX Trading choices: Open positions and economic data release

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 theoretically offer no market participant an advantage over another market participant.   Economic ...

April 24, 2020
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Inner Circle Video Recording: Trading Time Management

Find below the recording from this weeks Inner Circle session "Critical Trading Systems - Time Management". As always please be aware of the disclaimer and risk warning at the commencement of the video and feel free to contact mike.smith@gomarkets.com with any questions or comments relating to the session.   https://vimeo.com/40842145...

April 16, 2020
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3 Game-Changing Questions You Could Ask of Your Trading Journal Data

  In previous articles we have discussed in detail the merits of a trading journal in offering evidence for both: a. How well you are following a trading plan? b. How well your trading system is serving you? (assuming you are already following a trading plan) We have also outlined the importance of “closing the circle” and maki...

April 14, 2020
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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, 2020
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OPEC and G20 Meetings Not Guaranteed

On 8 March 2020, Saudi Arabia initiated an oil price war with Russia, triggering a rout in the oil market at a time where the world is facing a pandemic and many countries forced to shut down their activities and borders. Crude oil prices have lost nearly half of their prices, battled by a simultaneous demand and supply shock. Last Thursday, P...

April 8, 2020
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Inner Circle Video: Treating your trading as a business…the next level

In this weeks session we explored the concept of trading as a business. We differentiated between this and the way in which many traders operate i.e. in the 'hobby zone'. Additionally guidance was provided to potential stages you can work towards once the basics are in place. The video can be watched below: Any comments or questions to mik...

April 2, 2020
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Control your trading time (with FREE audit tool download)

  ​Trading requires a commitment of time. For each of us the amount of time we must dedicate to trading activities is limited and justifiably so by other life activities (for of course, we want trading to contribute rather than take away from lifestyle). Despite the importance of checking in on how you are using your trading time, comm...

April 2, 2020
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First Quarter: Crisis, Volatility, and Opportunities

The first quarter of 2020 was marred by unpredicted events that rattled the financial markets: Tensions between US and Iran; The extreme weather conditions across the globe as a result of climate change; The novel coronavirus; and An oil price war between Saudi Arabia, the oil kingdom, and Russia. A Trio of Crises Faced by an ...

March 31, 2020
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Quick trading Tip…Be Calm and Develop Trading Patience

  When we first start to trade, or subsequently (as a more experienced trader) when we trade a new symbol or system we are often “excited” as we see a “hope” for better results. We often forget that the development of expertise in other areas we have in life (think about what you do in work now for example), you must invest time,...

March 30, 2020
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