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.

Bearish Price Action for Deutsche Bank, Call Options Advised

  Deutsche Bank (DBK) shares are suffering a loss about 5% after company revealed its financial results. The fine for manipulating interest rates is worth more than 1 billion dollars and this is weighing on the institution on multiple aspects.

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GDP and FOMC To Hint At the Fed’s Next Move

  Traders will watch with extreme interest this coming Wednesday events as GDP (Gross Domestic Product) and FOMC (Federal Open Market Committee) statement are going to be released at a distance of around five hours. Volatility will rise dramatically especially

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Yahoo Misses Targets and Put Options Favored

  Yahoo (NASDAQ:YHOO) missed analysts forecasts as it recently published its earnings. However, company’s stock price rose by almost 1.5% due to a statement that it is looking to higher advisers for dealing with it’s Yahoo Japan stake. Yahoo Japan

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Buying Dips on EUR Pairs Amidst Greek Unrest

  The ongoing Greek negotiations between Greek creditors and the new Greek Government show no progress, and Euro related pairs are showing no movement whatsoever. Trading should be understood as a process, and while I am not a big fan

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Draghi Bullish on EUR & Chinese Introduce Stimulus

Two major events in currency trading happened this weekend:     First, on Saturday, the ECB (European Central Bank) President Mario Draghi spoke in Washington at an IMF (International Monetary Fund) meeting. This may not seem as important, however this

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Trading Google After EU Charges & Algorithm Updates

  Tough times are predicted for Google (NASDAQ:GOOG), as the European Union confirmed that it will officially press charges against the company for breaking anti-trust rules within its territories. This is a considerable issue for the company as it will

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Trading Strategy As The ECB and BOC Meetings Take Place

  Two major events are shaping up today, and they are expected to be the most important in the second quarter. Markets are expected to react strongly to both: The ECB (European Central Bank) and BOC (Bank of Canada) meetings.

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Bullish GE Provides Perfect Conditions for Call Options

Watch the latest video at video.foxbusiness.com   General Electric (NYSE:GE), finally managed to surprise and please investors with the sale of GE Capital, its financial lending/leasing division. The decision is somewhat unsurprising when profitability between different GE divisions is compared.

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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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