An edited extract from ‘Forex Made Simple: Simple, Easy to Understand Strategies Anyone Can Use for Success!’ by Kel Butcher
Picking up pennies
The carry trade is a lot like modern art: most people have heard of it, but they’re hard-pressed to describe what it is.
How to trade the Australian dollar
One of the cardinal rules of trading is to trade what you know, and no one knows the Australian economy better than the people who live in Australia.
Know your money
EUR/USD: The pair everyone trades. This pair generally has the lowest spread and highest liquidity. When it gets going, it can easily move 150 pips in a day, and 400 pips in two days is not uncommon. However, for most of the time it trades in a fairly steady manner. It’s also one of the…
Learning on the job
There’s a whole industry devoted to teaching you about forex trading. And, let’s face it, trading anything is a tough gig. A little education wouldn’t go amiss.
What’s your temperament?
What is the temperament of an options investor? To most, the word “conservative” would not fit the bill. What about these words – “Sanguine”, “Melancholic”, “Choleric” or “Phlegmatic”? These are now common terms used to describe certain personality types of people. These four personality traits trace their roots back to some two thousand years ago,…
Where in the world?
Ten years ago, the idea of trading stocks listed on overseas exchanges was virtually unthinkable for retail investors. There are now numerous options for Australian traders to buy and sell overseas stocks. Before the internet revolution you had to call a traditional stockbroker during business hours just to get access to Australian shares. Now you…
WTF are CFDs? Here’s an FYI…
When it comes to trading CFDs, there are three clear schools of thought. The first is those traders that have experimented with CFDs and have only a number of accounts that have been blown up to show for it. This is obviously the largest school.
Simon Bishop
Forex CT head of sales Simon Bishop shares his trading strategy How did you get into trading? I just fell into it. After finishing a business degree at uni, I started off in the currency options back office at ANZ. I spent seven months there and decided I wanted to move up to the dealing…
Currency Wars
The recent moves from the Bank of Japan and Swiss National Bank have caused the commentariat to fret about the possibility of currency wars.