Posts From Andrew Wright

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.

Are you Prepared for the NFP, and ADP Numbers?

  There is not much stranger in the exciting world of FX trading than a fixing that happens on a Friday, on the last trading day of the month. This is because all expiries from daily, weekly and monthly trades

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Trading HSBC Ranges with Put & Call Options

  The banking giant HSBC (NYSE:HSBC), has announced that it is selling its loss-making Brazilian division in what looks like the continuation of a reorganizing process the group had started some time ago. After cutting thousands of jobs in search

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GDP & Trading expectations for the USD

  Here we are in front of probably the most important economic event for this summer. I am not talking about the FOMC (Federal Open Market Committee) meeting, I refer to the US GDP due to be released this Thursday.

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Bullish Outlook for Amazon as Earnings Soar

  Amazon (NASDAQ:AMZN) announced its earnings last week, and the results were simply staggering. All estimates were beaten and now analysts are raising the forecast for their share price from the current $500/share all the way up to the $700/share.

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The Fed Holds The Key to a Bullish GSK

  It may be the time for the GlaxoSmithKline (NASDAQ:GSK) share price to jump, as it is striving to position itself on top of its competitors by participating in what seems to be the first malaria vaccine that just received

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USDCAD Soars To New Highs

  Friday was a big day for fans of the USDCAD as the pair made a six year high and broke above the 1.3060 area! The reason for this move was purely technical. We had a contracting triangle that broke

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Outlook Bullish as Microsoft Announce Record Losses

  Microsoft (NASDAQ:MSFT) revealed its results and they were not only below expectations, they reported a historic losses in earnings. However, I still like it and below are the reasons why. Firstly, the loss was related to the integration of

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Gold Falls to New Lows as USD Sells

  FX markets were stunned the other day when they found out that US industrial production was revised way lower than the Fed expected. As a consequence the US dollar fell drastically across the dashboard. In a way it was

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CAD Under Siege, Sends USDCAD to The Bulls

  It’s a double blow for the Canadian dollar as the previous week saw the much talked about Iranian deal finally reach an agreement. This opens the gates for the production and release of 1.25 million barrels of oil on

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Nasdaq Opens Strong as Google Smashes Expectations

  The NASDAQ opened in record territory after Google unveiled earnings that smashed investor expectations. As a consequence their share price surged. Hopes are now that other similar companies in tech are going to top estimates as both Microsoft and

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