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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 edges lower toward 1.0700 post-US PCE

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD stays under modest bearish pressure but manages to hold above 1.0700 in the American session on Friday. The US Dollar (USD) gathers strength against its rivals after the stronger-than-forecast PCE inflation data, not allowing the pair to gain traction.

EUR/USD News

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD lost its traction and turned negative on the day near 1.2500. Following the stronger-than-expected PCE inflation readings from the US, the USD stays resilient and makes it difficult for the pair to gather recovery momentum.

GBP/USD News

Japanese Yen trades just shy of 157.00 versus the USD

Japanese Yen trades just shy of 157.00 versus the USD

The Japanese Yen weakens across the board after BoJ announced its policy decision. A shortlived spike in the Yen may be testament to an attempt by the Japanese authorities to intervene. US PCE Price Index shows higher-than-expected inflation but does little to impact USD/JPY which almost touches 157.00.

USD/JPY News

Editors’ Picks

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD stays under modest bearish pressure but manages to hold above 1.0700 in the American session on Friday. The US Dollar (USD) gathers strength against its rivals after the stronger-than-forecast PCE inflation data, not allowing the pair to gain traction.

EUR/USD News

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD lost its traction and turned negative on the day near 1.2500. Following the stronger-than-expected PCE inflation readings from the US, the USD stays resilient and makes it difficult for the pair to gather recovery momentum.

GBP/USD News

Gold struggles to hold above $2,350 following US inflation

Gold struggles to hold above $2,350 following US inflation

Gold turned south and declined toward $2,340, erasing a large portion of its daily gains, as the USD benefited from PCE inflation data. The benchmark 10-year US yield, however, stays in negative territory and helps XAU/USD limit its losses. 

Gold News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read more

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

Read more

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