Recent content by Oliver Jones

Considering no major economics being scheduled during the present week, coupled with recently announced Fed rate-hike and an almost clearance of Trump from allegations concerning Russian connections, I see USD recovering some of its latest losses.

Chaos gives trade opportunity :D

I generally don't have any clear timings for trading, I do when I feel like and set the limits. However, night is the one when you get too much time to analyze things in a calm.

I'm an Aussie Bear, the country might suffer due to its heavy reliance on China. Might be wrong, but that's what I feel and observe.

I can't say NO because I love FOREX. It's world's largest financial market and has the highest liquidity, giving me some good trades!

No ways! It's the world's biggest financial market, fetching nearly $5.3 trillion a day and runs for 24*5 days. You can say some brokers are SCAM but not the market!

It's a tricky question. Experience always is on a higher side but when education backs the activity the experience become too enjoyable. Also, if you're aiming to learn something, don't directly jump on actions, rather learn (educate yourself) and then take the step forward, else the initial...

IMHO, lack of knowledge and the fear of volatility are the main reasons people are afraid of trading in Forex.

GBPUSD: Short-term descending trend-line connecting February and March highs, at 1.2585, presently confines the pair’s up-move, which if broken enables the quote to extend its north-run towards another downward slanting TL stretched since October, around 1.2625, and then to 200-day SMA figure of...

Considering the latest UK CPI, coupled with GBPUSD's reversal from 1.2370, I expect GBPUSD to revisit 1.2470 descending trend-line.

IMHO, Considering present state of Geo-Political uncertainty, coupled with upcoming wave of EU election, chances of the Gold prices to rally beyond $1310 are more likely by June. However, USD strength may confine the yellow metal's further up-moves.