Should You Close Your First Winning Trade Before Adding a Second One?

A lot of traders ask this when they start scaling into positions. The short answer: you don’t have to close the first trade to add more exposure. But if closing…

Read More »

When Should You Stop Adding to a Winning Trade? Use This as Your Guide.

Pressing winners is a skill. But knowing when to stop is just as important. Tony’s approach is straightforward: use previous price history as your guide. If you are in a…

Read More »

Australia trade balance for December 2021, exports and imports both up m/m

Exports +1% m/m (prior +2%)Imports +5% (prior +6%) more to come  

Read More »

Australian Balance of Trade data (November) AUD9.42bn (vs. AUD10.6bn surplus expected)

 more to come  exports +2% m/mprior -3%imports +6% m/mprior -3%

Read More »

Q3 Australian export & import prices both much higher than expected

 Australia terms of trade data for Q3

Read More »

Australia preliminary trade balance for December. Exports +16% m/m, imports -9%.

For the y/y figures exports +3% and imports no change, 0%. The prelim data is subject to revision.

Read More »

Australia Q3 terms of trade: import prices -3.5% q/q and export prices -5.1%

Both dropping more than expected: – Import Price Index expected -2.0% , prior -1.9% – Export Price Index expected -3.5% , prior -2.4%

Read More »