As traders, we never ever stop learning, and in many ways we cannot afford to do, as markets and the financial landscape are constantly shifting and changing.

The third of the four capital markets is probably one that is very familiar, and agains is one few, if any forex traders ever consider, and that is equities.

In this video we are going to consider some of the issues we have to face as traders, and in particular those issues of uncertainty, risk and fear. These are all very natural feelings ,and ones we have to face repeatedly in our trading life, and which cannot be avoided.

In the last few years employment data, including the NFP number, have been the most closely watched indicators, not only because they are considered to be the leading indicators for the health of the US economy, but also because this data set represents one of the Federal Reserve’s mandates, namely to maximise employment.

As the economic powerhouse of Europe and the glue that holds the Eurozone together, at least for the time being, any economic release from Germany, has an impact not only in Germany, but also the Eurozone, and to some extent globally.

We all borrow money in a variety of different ways, and the bond market is structured in such a way as to allow all sorts of bodies, including countries, governments, municipal authorities and private companies, to borrow money for a variety of reasons. So let me take a simple example to explain how the bond market works.

Let’s now turn to another key commodity, which oil, and here there are three things we can say about oil with complete confidence.

The same principles of correlation can also be applied to other major currencies such as the commodity currencies of the Canadian dollar, the New Zealand dollar and the Australian dollar. And here there are several correlations which are interesting and bear detailed examination.

A similar and related tool to support and resistance also used for validating price is the use of patterns on a chart.

As I have already explained, congestion phases are the most important area on any chart, as markets spend more time in no trend than in trend for many reasons, not least because this is where new trends are born.