It is perhaps one of the great ironies of trading, that we often have to consider things from the inside out or from the upside down, and none more so when considering the whole approach to the business of making money.

I hope by now, you will have come to realise the importance of understanding the psychological aspect of trading, and it is the reason we have included a series of eight associated ebooks to explain all the concepts, ideas and coping strategies you need to know in much greater detail.

The housing market is crucial to every aspect of our lives and the economy. If house prices are rising, consumers feel confident. They spend more, and they are also more likely to move, adding some churn to the market.

Moving to the retail sector and here we have two releases from the British Retail Consortium which both reflect consumer spending in the high street itself.

Finally let me cover one of the bond markets I mentioned in another video podcast, namely the Eurodollar market, and for this we need to turn to the futures market.

In many ways the Canadian economy is very similar to that of Australia.

Whilst all traders study price charts in different ways, few if any consider the price action in terms of the conditional aspects, and by this I mean the sea state of the chart.

Wyckoff’s second law states that in order to have an effect, you must first have a cause, and furthermore, the effect will be in direct proportion to the cause.

And finally in terms of complexity we have market and price manipulation at a variety of levels, and on a grand scale, which should come as no surprise since in the last few years we have seen various cases come before the courts, with bank traders facing lengthy jail sentences.

Do you remember when you first learned to drive. Do you remember the feeling of being overwhelmed, the sheer panic, and terror when you were first asked to pull away from the kerb and out into the traffic.