Australian dollar

Nothing to See Here – Market Update

There really is nothing to see here …. both the AUDUSD and ASX200 index have gone up a few days this week and down a couple to end the week almost where they started. ASX200 The ASX 200 rallied a little to get close to 5500 however finished the week lower as it rests on …

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Digging Deeper into the ASX200 – Market Update

ASX Investor Newsletter As I mentioned last week, I was included in the September edition of the ASX Investor Newsletter – you can read more here.   It was all fairly basic stuff but might be worth a read for you. ASX200 The ASX 200 has enjoyed a solid week rallying higher and it has returned …

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A Common Fallacy – Market Update

ASX Investor Newsletter You may know I was included in the September edition of the ASX Investor Newsletter – you can read more here.   It was all fairly basic stuff but might be worth a read for you. Common Fallacy I was sitting around with a group of fellow golfers on Wednesday morning (waiting for …

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Probability vs Certainty – Market Update

I am still surprised at how many people misunderstand one of the basic concepts of trading – probability vs certainty. In light of this belief, it’s fascinating how some traders think that enduring an unprofitable trade could enhance the likelihood of their next one being successful. They tend to assume that with each loss, their …

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