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Jarratt Davis Forex Trader
1,975 followers -
Ranked 2nd best performing FX trader in the world between 2008-2013, by Barclays currency trading index.
Ranked 2nd best performing FX trader in the world between 2008-2013, by Barclays currency trading index.

1,975 followers
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MY THOUGHTS FOR 2017 (PART ONE)

What a year 2016 has been.

There are two events in particular which stick out in my mind. The first is Brexit and the aftermath of the UK positioning itself to leave the European Union. The second is the election of Donald Trump as the next US President.

Both of these events - along with a few significant others - will continue to play out over the course of 2017. To help you navigate the priorities of the major central banks for next year, I’ll be publishing two posts over the next couple of day with my thoughts on each of the major central banks and their respective currencies.

The first post is below and details my thoughts on the Federal Reserve, the Bank of England and the European Central Bank.

If you want more detailed analysis, please join my Facebook Group. This is the community where I’ll be sharing some more insights with throughout next year.

Join here > https://goo.gl/mkvJgY

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🇺🇸 THE FEDERAL RESERVE - USD

The Federal Reserve has recently hiked rates to 0.75%. So can we expect further increases during 2017? Well, I’m fairly confident that Donald Trump’s election victory make further US interest rates more likely in 2017.

But it’s not just my instinct which is giving me this feeling, it’s the behaviour of investors and where they are moving their capital. Since Donald Trump's election, global bonds have lost over £1 trillion in value during a significant investor sell-off. They’ve started moving their capital into equities, believing that Trump will create a domestic framework which is very pro-business.

Investors think Trump will implement inflationary policies, increasing the chances of interest rates rising. However, this all depends heavily on the kind of trading arrangements he can secure with partners in North America and beyond. An insular America which starts trade wars could have an adverse impact on US employment and business spending, reducing the likelihood of a rate rise in 2017. All things considered, I’m expecting the USD to sustain its strength well into 2017.

🇬🇧 THE BANK OF ENGLAND - GBP

The full effect of Brexit has yet to unfold - and early 2017 will very much be dominated by the timing of Article 50 being triggered and the subsequent formal negotiations with the EU. With the UK economy continuing to show resilience following the Brexit vote, expectations for any immediate easing by the Bank of England have now completely diminished.

Considering the Bank of England’s increasing concerns over inflation, there is currently no clear bias in regards to future monetary policy expectations. Risks to the UK economy remain to the downside, with the UK/EU negotiations likely to play a pivotal role once underway. Inflation data should be watched very closely and poses a significant risk to my current view.

🇪🇺 THE EUROPEAN CENTRAL BANK - EUR

With the ECB extending its QE programme and presenting a dovish tone at their December meeting, my fundamental bearish bias for the euro has increased even further and I expect the euro to remain pressured for the foreseeable future.

There are a few primary reasons for this. The first is that employment in the Eurozone has decreased to its lowest level in seven years at 9.8% for October 2016. The second is the stability of the European Union following Brexit. My feeling is that the UK referendum and subsequent negotiations will give rise to nationalist sentiment spreading across other EU countries - such as France, Italy and the Netherlands.

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I’ll publish PART TWO of this post in the next few days. Remember, if you want more detailed analysis throughout 2017, please join my Facebook Group > https://goo.gl/mkvJgY
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Hi! This post will give an insight into the concept of testing a strategy and how you can avoid the common pitfall of curve fitting, which can have a devastating impact on your trading account if left unchecked.
#tradingstrategy #forextips
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Want to improve your trading? Learn the insider secrets of how to successfully profit from inter-market analysis by registering to our free webinar hosted by Paul Sanders and Chris Mathis now.
#forexsignals #tradingstrategy
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Hello! In today's article I will be discussing another type of support and resistance tool that I keep a close eye on: trend lines.
#technicalanalysis #trendlines
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Hello everybody! I have launched a new campaign in Twitter, where I will be posting actual trading signals throughout a day. Check it out and subscribe!
#tradingsignals
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Our professional Forex analyst, Chris, has just come up with an amazing trade idea.

Trade Idea: USD/CAD
Technical - Inter-Market Idea
Short USDCAD
Entry Range - 1.3196 - 1.3205
Target Range 1.3134 - 1.3126 (Adjust for corrective high)
Stop Loss @ 1.3235

Oil has continued to see support, which we would expect to put some downside pressure on this pair at some point. The USD/CAD is coming off of a strong daily resistance, and has developed a possible "kings crown" on the hourly chart.

If you want to know more about Chris' trading edge - register to his free webinar by following the link below.
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Hello everybody! With this post I will start looking at the most important technical methods professional traders employ to consistently pull profits from the market. To be continued...
#forextips #tradingstrategy
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Hello guys! In this blog I am going to explain what is Average Daily Range and why using ADR purely for profit targets is a better idea than trying to cram it into every possible trading scenario.
#averagedailyrange #forextips
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Hello guys! This week begins a new trading month, with the main event being the U.S. labor report on Friday. Other featured events will be the RBA rate decision, U.S. ISM data, UK Services PMI, and the Canadian jobs report.
#forexnews #tradingstrategy
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As with all professions; with good, there has to come some bad, and this post will take you through the far less glamorous side of Forex trading and the stress that comes with it!
#forextrading
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