This week on episode 120 of the Two Blokes Trading podcast:
In Today’s episode, Philip and Peder discuss potential news related market announcements that could potentially create some opportunities to trade this week, followed by our feature topic “Leading Indicators” Professional traders working at either an Investment bank or hedge fund would need to have a deep understanding of leading indicators in order to manage clients money. These are also used by professional retail traders to get a forward-looking insight into the strength or weaknesses of the markets. If there was a way of seeing into the future, this is the closest way.
About Philip Hennigan and Peder Kolstad Solberg
Philip and Peder are both retail traders with several years experience trading all asset classes from equities, Forex and also commodities. Peders approach is through technical analysis and he would be considered a short-term trader with a 1-3 week time horizon on a single position. Philip is a more global macro and event-driven trader who focuses more heavily on fundamental analysis than technical.
Main Topics Discussed:
Philip breaks down this week’s potential market mover within the role of news.
This week’s main topic is Leading Indicators.
What news is coming out this week
Friday seems to be all related to Canadian news so watch closely
Keep a close eye on GBP, either way, this could get volatile with the Brexit deal
why leading indicators are so important
ISM Manufacturing and Non-manufacturing
economists like to use GDP as a barometer
Two Blokes Sponsor
Today’s episode is sponsored by Bizintra Financial Academy. Bizintra offers sponsored trading programmes that have been developed by professional traders. Don’t pay a fortune to learn how to trade. Simply sign up by using one of their partner brokers and receive trading education and signals by institutional traders.
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