Another very important release is the PMI (Purchasing Managers Index), and is important because Purchasing Managers are at the sharp end of the manufacturing cycle, so they are acutely aware of how whether business is doing well or not.

Moving away from index based releases and on to Foreign Security Purchases, this too is an interesting piece of data which deserves close attention as it can reflect deeper sentiment towards the Canadian economy and therefore act as a bellwether of strength and weakness in the currency itself.

So, how do we interpret what the bond markets are telling us, but before doing so let’s look at some bond market terminology, and in particular what is meant by “yield”.

In the last twenty years, Germany has undergone two traumatic events.

If we take any price chart for any market and in any timeframe, then the price action can be described as having one of two states. The market is either in TREND or the market is in CONGESTION, in other words no trend.

The wick of the candle is one of the most important elements of the candle, and even more so when it is large.

One of my favourite words in the English language is actually a made up word that is in the title of a book. That word is simplexity.

For any new trader coming into the financial trading world, the plethora of platforms, data feeds, and brokers can seem overwhelming, and in this video we have tried to simplify this down to the essentials of each aspect to help you navigate through this particular maize.

If there is one certainty in trading it is this. The market will ‘mess with your mind’, and mess with your mind in ways you would not have even thought possible. And in a nutshell this is what this module and the associated workbooks are all about.

The question you may well be asking yourself now is why volume price analysis, and what’s so special about it. So let me dive right in and try to answer this for you straight away.