Posts From Andrew Wright

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Andrew Wright

Prior to founding tradersasset.com in 2014, Andrew worked as a proprietary trader, then as a market maker. As a market maker, he traded options in over 100 stocks, he then began trading currency pairs in 2013. Andrew still actively trades both, and prides himself on educating and informing traders on the benefits of both Binary Options and Forex.

Bullish USDCAD As Canada Reports Strong Jobs Data

  Canadian jobs data was released last Fridy and what a surprise they were; Expectations were beaten as the strong pace of job creation took everyone by surprise. However, I would say they were overstated and the reasoning for this

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Call Options Favoured for a Bullish Alcatel

  In a surprising move this week, Nokia announced that it reached a deal to buy their French rival, Alcatel-Lucent (ALU). The deal would create a conglomerate with 114.000 employees and will create of the biggest telecoms companies in the

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Trading Ideas for USD Pairs in April

  In a stunning move for US dollar bears, the markets reversed Friday’s NFP lows like the news was not even released, and the USDJPY is now well above the 120 level and holding ground. The EURUSD reversed all NFP

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Disappointing NFP Data and the USD

  Last Friday saw the NFP (Non-Farm Payrolls) numbers in the United States come in way lower than expectations, or to be more exact, it was the worst release since 2009. We’re well into the 2015 now, with the Federal

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Bullish Growth Prospects for Facebook

  Facebook (NASDAQ:FB) is enjoying a very strong growth at present, and investors acted accordingly – sending the company’s stock price well over the $80 mark. The company is by far the undisputed leader on the social media arena and

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Bearish McDonald’s Shares as Wages Increase

The McDonalds Corporation (NYSE:MCD.N), one of the biggest food chains in the world, has been struggling for a while with its employees, due largely to demands for higher wages. In response to this, the company has just announced that the

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Bullish USD Ahead of NFP

  Forward Guidance was introduced in order for market participants to have an idea about what central banks are going to do and in order to limit volatility. Monetary policy meetings are the what matter most when it comes to

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Bearish Outlook Expected for Kraft

Aside from today’s revelations about an intentional depressing of wheat pricing back in late 2011, it’s not been bad news for Kraft Foods (NASDAQ:KRFT). The stock surged more than 35% on announcement it reached a deal with Heinz, creating the

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Considerations for EUR with a Grexit

The ongoing Greek drama puts into question the all important European project as the Eurozone will be hit right at the core if markets will push Greece into default. However, the big question on everyone’s lips is: will it be

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Trading Strategy as Nike Reports Strong Results

  Nike (NKE) surprised markets in March with way much better than expected earnings. Investors cheered the results as stock price rose. In times when a lot of companies like Coca Cola, Pepsi, etc. are complaining about a stronger dollar

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