Money flows into currency pairs for a number of reasons, Political unrest, speculation, import & export activity to name a few. However, one of the most influencing activities within economics that helps to attract flows into a currency pair is […]
Two Blokes
How to Develop a Trading Strategy
Successful trading in financial markets requires more than luck or intuition; it requires a well-defined trading strategy. A trading strategy serves as a roadmap, guiding traders through the complex landscape of buying and selling assets. In this blog post, we […]
How To use Moving Averages When Trading
Moving Averages (MA) are one of the most widely used technical analysis indicators by traders. It is a simple indicator that can help identify trends, support and resistance levels, and potential trading opportunities. In this blog, we will discuss […]
The Impact of Interest Rates on Forex Trading
The Impact of Interest Rates on Forex Trading Interest rates are set by monetary policy committees at central banks and are used to control inflation and stabilize prices and the economy. When interest rates are high, it typically leads to […]
The Role of Technical Analysis in Forex Trading
The Role of Technical Analysis in Forex Trading Before I dive into the importance of technical analysis, it’s important to understand the two roles involved in trading any asset which is fundamental analysis and of course technical analysis. The difference […]
The importance of hard stops and soft Limits
Before we talk about the importance of having stop losses and take profits and what hard stops and soft limits are for those unaware, firstly I will define exactly what a stop loss is and take profit is. What […]
How a fundamental analyst prepares for each trading day
Ken here! As you know one of the blokes, and I want to walk you through the specific steps that I follow every single morning to get me prepared for the day ahead. STEP ONE: Get briefed on the […]
The importance of patience in trading
The importance of patience in trading Hello and welcome to the first Two Blokes Trading blog! This week I am going to discuss patience and why it is so important especially as a retail trader as most retail traders do […]