Two Blokes Trading

In this episode, the blokes offer their opinion on the markets, taking a close look to see will Dollar strength continue with a busy economic calendar ahead!Rory and Jonathan talk about their expectations of markets ahead of the US CPI and FOMC Interest rate decision next week.The past week in financial markets has been a lot quitter than usual on a data front with the UK labour market conditions being reported slightly higher on Thursday Morning. On Wednesday 13th, the US CPI is due to be released and could change how the outlook is on broader markets.Starting with European Indices, they have been weaker ahead of the ECB interest rate decision. Negative data has German Dax down as traders brace for the ECB policy decision on Thursday. While the German investor moral is slightly higher in September, Wholesale prices continued their decline dropping by 2.7%.The US dollar and DXY seen natural resistance at 105 which was expected ahead of the key CPA data and FOMC interest rate hike next week. Rory shares his thoughts on how this data could shape the DXY stating a higher than expected CPI will likely move DXY higher well above 105 towards 106, whereas a lower than expected will see some cooling. He also thinks an inline reading will still be enough to drive DXY back above 105 as it will be 2 consecutive months of higher CPI reading which may give the FOMC a credible cautious but hawkish stance.Jonathan also talks us through his thoughts on Gold and the Dollar. Jonathan remains bullish on Dollar, while he would expect Gold to fall potentially below 1900 again and towards 1870.Tune into the podcast to hear the full rundown.

In this episode Jonathan and Rory discuss the well known statistic, why only 20% of traders make money. At the beginning of the podcast Jonathan runs through some statistics of the probability of footballers and golfers making it to a professional level. Jonathan and Rory both share their experiences of what’s helped them throughout their trading journey, most notable having a mentor. The blokes discuss with the growth of social media, there are now many charlatan traders, promoting their services to help other traders when they can’t trade properly themselves.Rory also shared some thoughts about his University experience, how people are committed to 3 year degrees at University to then only be considered for further training whether that’s law, accounting etc. Whatever job or profession you would like to do, it requires time to learn & refine the skill. Sometimes making mistakes along the way, the key is to learn from your mistakes & remain focused on the objective.Therefore taking trading as a profession or a part-time job, it involves a similar process of training and learning and then practice the application. Everyone’s journey won’t be as much as 3 years but with hard work and commitment it can be vastly reduced, especially if you have the right mentor.To summaries, how can you become one of the 20% of successful traders?Commitment – Never stop learningPreparation – Analyse before you execute Discipline – Risk management & Psychology (Stay Objective)Reflection – Always look to improve (Journal)Mentorship – Learn from real professionals To find our more on the confluences of the top percentile of traders and professionals, stay tuned to this weeks podcast.Join the Two Blokes Trading Community Now

For the 7th consecutive week, the Dollar Index finished in the green closing above 104 to show strong support, the question is will the DXY hit 105? Jonathan and Rory both discuss their thoughts on dollar going into a quieter week than usual for economic data however the market will only be gearing up for what’s to come next week as the US CPI is due to be released.  A hawkish release could see another strong dollar and the push to 105 whereas a dovish release could see DXY fall lower.In Indices, US markets were closed on Monday following the labor day holiday. European indices had a strong start to the day but later in the session fell-off due to stronger efforts from China to support the property sector faded.Jonathan talks about his views on GBPUSD, AUDUSD & USDJPY with his predispositions being short on both GBPUSD & AUDUSD pairs, as he is still bullish on Dollar. Both pairs are stuck in somewhat of a range but Jonathan thinks especially Euro has further to fall. Jonathan also believes there's further upside potential for USDJPY. Ones to watch!The Blokes then offer their views on Gold & Oil. Both Rory & Jonathan agree that Gold upside maybe limited due to Dollar strength, whereas Oil has potential for further upside.Jonathan also mentions how September can be a bearish month for stocks with negative returns so buying stocks may not be the perfect time according to past data. However he does mention, retail traders are not limited as most CFD products allow traders to short and still profit from the move.There is so much analysis and information available on our app so make sure to join for free today at app.twoblokestrading.com

In this podcast, Jonathan and Rory talk about the 8th wonder of the world, Compound Interest. This is a term a lot of people are familiar with but not many are able to use it to their benefit. At the beginning of the podcast, Rory tells us a story of friend who had money saved away for years which grew exponentially but one day decided it was enough and wanted to buy a car. If they had waited another 15 years the money wouldn’t have doubled to buy 2 cars, but instead would have been over half a million!Jonathan then explains how compound interest and the power of it can be used in trading. He Explains that by having a small account and achieving just 2% each week that the numbers will compound weekly. In less than a decade you could be trading with more than half a million, starting with as little as €5000. The blokes explain that Compound interest usually “doesn’t work” until the later stages as 10% of 1 isn’t much but when it’s 10% of 1 million, that’s when people think “it works” the gains have stayed constant, but the variable change is only in the nominal amount. The most important lesson to learn from compound interest is to stay consistent and not chase losses. Consistency will get you further than taking unnecessary risks and focusing on the short term. Jonathan also explains that too many traders focus on the short-term goals and not the long-term goals.Make sure to join our free app today to learn more about trading and investing and join the fastest growing network. www.app.twoblokestrading.com

In this podcast , Jonathan and Rory talk about their predictions on the financial markets, looking at Dollar, Dax, Gold, Oil, Apple, and major FX pairs. There is a busy week ahead with high impact data releases including, NFP, US PCE which could give some hints around the next inflation. (CPI) reading as well as thoughts on how the FOMC will react at the next monetary policy committee meeting in September. A higher number will indicate potential further increases to monetary policy and a stronger dollar led by weaker equities and bonds.Oil on the other hand has experienced a slight pull back following a 45 degree incline during July as demand was strong and supply levels from OPEC could be impacted due to production cuts.In FX, The Euro has been declining steadily and Rory discusses his great short trades on the pair last week, he talks us through why he shorted it and what he is focusing on going forward. Rory also talks about his reasoning for being neutral on Cable but still bullish on USDJPY as there may be a chance, we don’t see an intervention from the BoJ.For more analysis, join the fastest growing trading and investing network for free today app.twoblokestrading.com

In this podcast Jonathan and Rory talk about how to build a trading strategy and what to focus on when it comes to technical, fundamentals and sentiment analysis.Jonathan discusses at the beginning of the podcast that too many new traders focus on technical analysis to generate trade ideas and solely rely on the charts for entries and exits. In this episode , he talks us through his reasoning of using technical analysis and how he combines fundamentals with sentiment to find trade ideas.Rory also shares his thoughts on how to use statistical analysis as well as fundamentals to generate ideas whether it be in equities or forex. He explains the process of understanding economics as well as the value chain to identify ideas. When it comes to stop losses and profit levels, Rory is keen on using a more quantitative approach and encourages anyone to ask him more about it especially if they are interested in quantitative trading.In the podcast Jonathan also mentions some resources that new traders can use to help gain an edge such as books in technical analysis which Include “technical analysis of the financial markets” written by John J Murphy. This is a great resource which shows the concepts and application of technical analysis within the markets.As always, the best way to learn is to ask questions and challenge everything, no matter how stupid it may seem. This is Rory’s best advice to anyone who wants to construct a better approach to their strategy when trading and everyone is encouraged to ask questions through the app, after all that’s why it’s there. It’s free so join using the link belowApp.twoblokestrading.com

Jonathan and Rory discuss their thoughts on current Dollar Strength ahead of Jackson hole. Plus Fed chair, Jerome Powell due to speak on Thursday.The economic calendar is due to be light until then but with some shockwaves from recent events, there could still be some volatility left in markets.Rory discusses his thoughts on the dollar and how he sees 104.50 being the upper bound for now until more supportive data allows for price to continue. This is while EURUSD continues in the downtrend.Jonathan shares his ideas with GBPUSD and the sideways action that’s been happening. For very short term intra day traders there has been strong support and resistance trading zone he says but for longer term directional traders, the volatility is non existent.Jonathan and Rory both agree that while on Monday morning, European equities were driven higher by German PPI data, the strong sentiment in markets is what will continue to drive European risk assets lower for the time being.For more analysis, join the fastest growing trading community for free today….

Too many traders are told “it’s about psychology” but what they aren’t told is the truth behind psychology. In this episode, Jonathan and Rory breakdown the truth behind trading psychology, as well as sharing some of their best tips when trading and investing.The word psychology in trading is thrown around too loosely, understanding how to adopt an objective approach while trading will immediately give you an edge. If you have good risk management, then psychology around trading reduces significantly.During the episode, Rory mentions that too many traders don’t focus on risk adjusted returns I.e. how much risk you take to profit. Too many traders focus on absolute numbers rather than the statistics themselves and while it may seem rational and reasonable, often it’s not favourable. Make sure to ask Rory any questions around probability, statistics, or portfolio performance in the app!Jonathan also lets us in on how he remains in focus throughout his trading career.  He highlights that you are not always going to get it right, so accepting a loss is part of trading you have to accept. Once you accept this, you can control & minimise your losses, allowing you to focus on your winning trades. Too many traders hold on to losses in the hope the market will swing in their favour. Always refer to this quote “the market will remain illogical longer than you can remain solvent”. Jonathan explains his systematic process that traders should follow in order to achieve consistency and not deviate off course. Listen in to hear his techniques.Join the TBT community today

In this episode the Blokes discuss the current risk off sentiment in the markets & look at recent events impacting price action. This includes the latest US PPI and US CPI reports which both came out higher than previous. The complications that higher inflation can have on the economy is something Rory has discussed throughout the podcast and explains in this episode.Jonathan also talks us through his thoughts on the US Dollar. Today with little data to move the markets we saw the Dollar strengthen as the risk-off mood continues in the market. Jonathan recaps todays moves in FX pairs with Key levels to watch out for.  Jonathan looks at levels we may reach in the DXY & how this could effect other USD pairs, talking us through his reasoning along with his view on the current horizon.Rory offers his view on Crude Oil with all factors looking like a continued rally to the upside. He then goes on to describe the correlation between Oil & the Canadian Dollar explaining how one effects the other.Rory then offers his opinion on Gold after closing a profitable trade today with major support levels coming into play. Rory also talks about the events upcoming in markets this week. As earnings season is drawing to a close a lack of economic data on Monday led to a muted session and the calendar is limited for the remainder of the week with UK inflation and US Building permits on Wednesday. The FTSE100 has been struggling the last few weeks so all UK investors will be watching the data closely for any clues on what the BOE may be doing next.Jonathan and Rory go into a lot more detail on the podcast and within the app so make sure you join one of the fastest growing investing and trading communities today for free!

In this episode, Jonathan and Rory talk about the future of money. The Blokes share their thoughts on a digital currency being introduced. Rory openly admits that it’s not something he favours and towards the end of the podcast gives his reason for this with a relevant example to how current FX markets work and why they work so well.If governments do try to introduce a digital currency what will the narrative be? Will the public accept this change & is there anything we can do to stop it? Or could this be for the greater good, would a digital currency reduce crime & have further benefits? Either way it seems that we are becoming more restricted by the powers in control.  Jonathan talks us through his concerns to what will support a digital currency. Will it be pegged to a commodity, a currency or exactly how it would work. In a time where technology is advancing, governments want to see an introduction to digital currencies however, what would that mean to the general public & how could this effect the future of transactions.Will we move to a new way of exchange? Rory believes we could go back to bartering with commodities such as gold or silver. However, Jonathan believes this will accelerate the use of Crypto currencies.Be sure to listen and find out what both Jonathan and Rory have to say…