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  • Gauge market sentiment using fundamental information
As a Technical Analyst I find this difficult to say… However I do see the merit in integrating fundamental information alongside price action to gauge the sentiment of a market or price movement. My analysis will remain technical from the ground up, but the sentiment analysis would be an extra part of the puzzle to fine-tune my technical analysis and filter out higher probability technical trades.

  • Improve Efficiency
Providing analysis of multiple markets and timeframes for clients, whilst extremely enjoyable, can become very demanding. Trying to fit my own trading on top of this can be problematic, particularly as I do not know in advance how busy the markets will be. I need to become more efficient in managing these multiple work streams to benefit both our clients and my personal trading.

  • Increase Exercise
There is more sitting behind my desk than I would like to admit, and sitting down all day can become tiring in an unhealthy way. Therefore, I want to increase my exercise to feel more energised, in control and focused on my trading. 



Matt Simpson, a senior analyst with ThinkForex trades Forex and Indices with the belief everything he needs to know is ‘within the price’. As a certified Technical Analyst and Member of the STA (Society of Technical Analysts), Matt trades with a genuine phobia of Fundamental Information and Expert Advisors. Matt thoroughly enjoys the process of analyzing the markets himself to develop his strategies and trade the old fashioned way… manually! [More about Matt Simpson]

Editors’ Picks

EUR/USD stays near 1.0800 after upbeat US data

EUR/USD stays near 1.0800 after upbeat US data

EUR/USD stays under modest bearish pressure and trades near 1.0800 in the American session on Thursday. The data from the US showed that the real GDP growth for the fourth quarter got revised higher to 3.4% from 3.2%, supporting the USD and weighing on the pair.

EUR/USD News

GBP/USD stays in daily range above 1.2600

GBP/USD stays in daily range above 1.2600

GBP/USD fluctuates in a narrow channel above 1.2600 on Thursday. The better-than-expected Initial Jobless Claims data from the US and the upward revision to the Q4 GDP growth helps the USD stay resilient against its rivals and limits the pair's upside.

GBP/USD News

USD/JPY consolidates above 151.00 ahead of US core PCE Inflation for fresh cues

USD/JPY consolidates above 151.00 ahead of US core PCE Inflation for fresh cues

USD/JPY trades back and forth above 151.00 ahead of the Fed’s preferred inflation gauge. Risk-perceived currencies are facing the heat of uncertainty ahead of the US core PCE for February. Investors need more clarity about BoJ’s intervention to support the Japanese Yen.

USD/JPY News

Editors’ Picks

EUR/USD stays near 1.0800 after upbeat US data

EUR/USD stays near 1.0800 after upbeat US data

EUR/USD stays under modest bearish pressure and trades near 1.0800 in the American session on Thursday. The data from the US showed that the real GDP growth for the fourth quarter got revised higher to 3.4% from 3.2%, supporting the USD and weighing on the pair.

EUR/USD News

GBP/USD stays in daily range above 1.2600

GBP/USD stays in daily range above 1.2600

GBP/USD fluctuates in a narrow channel above 1.2600 on Thursday. The better-than-expected Initial Jobless Claims data from the US and the upward revision to the Q4 GDP growth helps the USD stay resilient against its rivals and limits the pair's upside.

GBP/USD News

Gold pulls away from daily highs, holds above $2,200

Gold pulls away from daily highs, holds above $2,200

Gold retreats from daily highs but holds comfortably above $2,200 in the American session on Thursday. The benchmark 10-year US Treasury bond yield stays above 4.2% after upbeat US data and makes it difficult for XAU/USD to preserve its bullish momentum.

Gold News

XRP price falls to $0.60 support as Ripple ruling doesn’t help Coinbase lawsuit against SEC

XRP price falls to $0.60 support as Ripple ruling doesn’t help Coinbase lawsuit against SEC

XRP programmatic sales ruling by Judge Torres was completely rejected by another US Court that ruled in favor of the SEC in a lawsuit against Coinbase. 

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Portfolio rebalancing and reflation trades emerge into Q2

Portfolio rebalancing and reflation trades emerge into Q2

Yesterday’s price action pointed at a possible end-of-quarter portfolio rebalancing as the session saw the laggards of the quarter like Apple and Tesla gain, and the stars like Microsoft and Nvidia retreat.

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