Business, Finance and Investment News from The Nation Journal

Publications from The Nation

Tomasz Wisniewski

Chief analyst

06 November 2017 7:57

Bitcoin after the second hard fork goes for the new all time highs

Another hard fork on the Bitcoin is already behind us. This time it allowed to create Bitcoin Gold (First hard fork created Bitcoin Cash).

It happened in 24th of October and did not cause any bigger changes in the volatility or the price. For the past few days the price was moving very technically just like nothing significant ever happened here.

Tomasz Wisniewski

Chief analyst

15 October 2017 9:31

British rollercoaster

If you are a trader looking for the volatility, you definitely need to stick to the GBP right now. Traders looking for big movements cannot complain about the recent swings on the GBP as this currency is influenced by the political turbulences around the Brexit negotiations.

We do not have to look far, let’s see the price movements from yesterday. GBP declined sharply at the first half of the day as EU’s Barnier told that the negotiations reached a deadlock, few hours after that we got comments that UK may be offered a 2 year transition stay in EU market. First information was negative and caused a drop and the second one was positive and the drop got erased. What a rollercoaster!

Tomasz Wisniewski

Chief analyst

04 October 2017 9:48

Perspectives for the USD

There is a chance that USD will end this week positively, triggering a mid-term signal for a correction. For instance on two main pairs with the USD, so EURUSD and GBPUSD we do have a potential for a double top formation and on the USDJPY the price made a false bearish breakout and is now aiming higher. To estimate the chances of the USD for a further appreciation, let’s look at the Dollar Index.

Tomasz Wisniewski

Chief analyst

24 September 2017 6:18

EURUSD: Getting ready to make new yearly highs.

Jackson Hole Symposium starts today and this will definitely help to spice up the trading as data wise the calendar was rather empty. When we do not have much data in the calendar there is always one point, actually a person, that we can count on – Donald Trump. His words are very often influential for the USD and this week he triggered bigger movements talking about a possible Government shutdown and about terminating the NAFTA deal. This week USD had better and worse days but generally, at the end of the week, traders have a bearish sentiment towards the USD.

Tomasz Wisniewski

Chief analyst

24 September 2017 5:27

Perspectives for the price of Oil

Since the beginning of the August, the price of the Oil is declining. Interestingly, since the beginning of the August, USD started the appreciation. So is the decline in the Oil a result of a stronger Dollar? Well, yes and no. Definitely it has an influence there but for example if we look at gold or other commodities we do not see this weakness. There must be something else here.

Tomasz Wisniewski

Chief analyst

29 July 2017 10:34

What skills should I have to trade profitably?

If you want to be a trader, you do not need any special set of skills. If you want to be a profitable trader, that changes the situation and then, the certain amount of work is required. Do not worry though. That is totally doable and literally everybody can do it.

First thing is the knowledge itself. Many thing that this is a 70% of the success but in reality it is around 30%. You really do not need to know everything about everything. You do not need a specific, detailed knowledge about the CPI or CCI. No need for that. You will be just fine with the basic from economy and basic understanding of the price movements. You will see by yourself. At the end of the day the simplicity wins here and every professional trader can admit that after years and years of looking for a Holy Grail.

Tomasz Wisniewski

Chief analyst

29 June 2017 6:00

How to approach trading?

This may look as an easy question but I bet that most of you will get that wrong. I have been trading for over 8 years and in that time I met thousands of investors and traders and unfortunately most of them had wrong perception about being a trader.

First of all, trading should be emotionally free. If you see yourself jumping on the chair because of the nice movement on the EURUSD, you are wrong. Emotionally free trading is the key to constant profits. In this way, you will be able to focus on your strategy and you will be able to flawlessly apply money management rules and risk control to your trading. Those two are the key for successful trading! In order to be calm and composed, you need to trade with confidence and with a huge respect to your capital, which means trading with a low volume. Once you will start investing with a huge risk or you will take suspicious setups, your results will crash. There is no other way. No shortcuts and no magic tricks. It is not me speaking, it is the history of millions of traders around the world.

Roberto d'Ambrosio

CEO, Alpari Research and Analysis

12 June 2017 7:51

All eyes on the UK and the British Pound

On Thursday, the 8th, the United Kingdom will be holding its general election, a snap election called by the Prime Minister Theresa May, which was relying on a supposedly large lead of the Tories over the Labour party. The PM was looking after having a stronger support to her upcoming negotiation with the European Union to rule the Brexit process.

Latest polls seem to be disappointing this strategy, as the Tories lead is getting narrower every day and some analyst are even thinking that the Tories lead might be at danger.

All eyes are now on the currency market and on the British Pound. With the GBPUSD trading close to 1.2890 and EURGBP trading at 0.8746 as we write this note, the market seems to be pricing in a lead of around 50 seats for the Tories, which is far below May’s expectation when she called for the snap election.

Tomasz Wisniewski

Chief analyst

06 June 2017 6:12

Weekly Oil Update

April looked very promising. The price of the black gold was advancing higher and we broke few major resistances. On Wednesday something snapped. The price fell sharply and in one day erased almost whole April upswing! What was the trigger and what was the general reason of that panic selling?

Tomasz Wisniewski

Chief analyst

21 April 2017 6:31

Weekly Oil Update

April looked very promising. The price of the black gold was advancing higher and we broke few major resistances. On Wednesday something snapped. The price fell sharply and in one day erased almost whole April upswing! What was the trigger and what was the general reason of that panic selling?

First let us start with the trigger. For that we do have two factors, one major and one minor. Minor factor is that the USD is a bit stronger yesterday and the second one – major was the data about Crude Oil Inventories. This came as expected but looking a bit deeper, on US Gasoline Inventories, we could see a huge beat there. We were expecting approx 2mln decline and we got over 1.5mln rise. And again, that was just a trigger. The real sentiment behind this movement is in my opinion different.