Calculating Pip sizes – Risk Management

This is one of the most key aspects within Forex Trading in order to be long term profitable is to have a strict risk management strategy and ensuring that you stick to the same approach each and every time. So if you wanted to risk 2% per trade on a £10,000 account then that would […]

Update On The Economies We Trade

GBP We have seen progress in Brexit negotiations between the UK and the EU, with the main outstanding issue being the hard border with the Irish, it is likely that this will come in time, there is a EU summit in October that both parties hope full agreement will be reached by then. But once […]

What Is an economic Calendar?

An economic Calendar shows us traders a list of events and data releases that affect a countries economy and shows the performance of the economy in key areas. It provides us with the time and date that these will take place, it also shows us the forecast is – this means the market is expecting […]

How to complete chart analysis

So I have myself into a routine of when I analyse charts and what I look for, by doing the same approach each and every time you can complete your analysis in a timely manner. So between 9-10pm UK time, I complete my analysis on the Daily Timeframes, There are two main aspects that I […]

Market Update 24/06/18

This week has seen some strange moves in the markets, but I’ll round up all the Currencies for you all to explain whats happening with them   GBP – The Bank of England had there central bank meeting yesterday, the meeting was fairly hawkish, with the market only expected 2 people to vote for a […]

Fundamental & World News Update

So world tensions are escalating higher then its ever been on a number of things that are highly affecting the market, I thought it would be good to provide you with the reasoning behind some of the moves we have seen Tensions in Syria With it being reported that Syria used chemical weapons in the […]

Analysis 18/03/18

AUDNZD We are now showing you the 4H Head and Shoulder structure formed and we saw the neckline broken. Although it isn’t the most perfect shaped Head and shoulders its still a valid structure, it was on a diagonal support line. Remember you don’t always have to have horizontal support lines in these structures. So […]

Weekly Market Overview and Insight into Chill Forex Analysis 11/03/18

AUDUSD – Bounced off the 61.8 Fib level from last swing Low of the December move – Daily forming a triangle, Friday bullish engulfing candle due to upward pressure on wages Pivot – 0.7863 Support 1 0.7680 AUDJPY – JPY weakened on a dovish report from the BoJ – broken out of a downward channel […]

Brexit Jitters well and truly kicked in

So Brexit fears have well and truly kicked into the market, the recent Bullishness from the Bank of England haven’t given the market much long term confidence and the focus was quickly turned back towards the progress of Brexit negotiations. So it looks like the UK and EU aren’t just on different pages but on […]

Bitcoin is back on the up

Since Bitcoin hit its highs back in December it has been in a huge market correction from its highs of $20k back down to $6k. Which is a 70% Retracement. So we are still in a Bull market. At the start of 2017 the price of a single Bitcoin was below $1000, so we saw […]