Clive Nelson

Clive Nelson

Hi, my name is Clive Nelson and welcome to Traders Bible. Just to tell you bit about myself…I have been trading FX and binary options for the best part of 10 years now. After graduating with honours in economics, I began working for an investment bank in New York as an assistant trader before working my way up. After a few years, I went on to work as a broker in London, England and then eventually came back to the U.S to work in a hedge fund, where I manage $800 million of my clients’ investments. There have been times over the course of my career where I’ve had to take a hit, but I’ve accepted that losing is part of the game, it’s a learning curve. I’ve learnt from my mistakes and you don’t have to make the same errors I did. A lot of my education came from when I was a broker and this is why I’m here to tell you that Traders’ Bible offers you the foundations of how to become a great trader.

Barclays swings to Q2 loss on African stake sale

A totally unexpected charge of £700 million related to mis-selling of payment protection insurance (PPI) and a loss from the sale of African business caused the London-based Barclays Plc (NYSE: BCS) to swing to a loss in the fiscal 2017

Read More

Strong employment data turns Pound bullish

We had forecast a rally in the GBP pair, on the basis of a robust employment and PMI data from Germany. The anticipated dovish stance of the Bank of England was also a reason for expecting the Pound to weaken.

Read More

IMF Cautions China Of Its Mounting Debt Levels

The International Monetary Fund (IMF) has warned China about its escalating debt levels while raising the forecast for the country’s short term growth. In its annual assessment report on China, the IMF has forested that the average annual growth for

Read More

Twitter beats Q2 2017 estimates, MAU growth remains flat

Social media platform Twitter Inc (NYSE: TWTR) reported better than anticipated fiscal 2017 second-quarter results in the last week of July. However, the stock has fallen by more than 10% to about $16 in the past two weeks. The flat

Read More

Geopolitical tensions strengthen Swiss Franc

In our August 4th report, we had predicted the USD/CHF pair to decline due to lower than anticipated unemployment data from the US and strong retail sales and PMI data from Switzerland. We had also expressed our willingness to take

Read More

CSA Calls For Restrictions On Binary Options & OTC Forex Transactions

Canada is concerned with the growing menace of binary options and as a result the country’s financial regulator, the Canadian Securities Administrators (CSA) has proposed a nationwide ban on the trading, selling, offering or advertising of binary options. A public

Read More

Yen rises amid escalating tensions between N.Korea & US

On the basis of an upwardly revised Euro Zone outlook issued by the IMF, we had predicted a Euro dollar rally against the Yen. The Bank of Japan’s postponement of 2% inflation target time also influenced our decision. We had

Read More

F5 Networks meets Q3 EPS view, issues weak Q4 outlook

The stock of internet traffic managing software provider F5 Networks, Inc (NASDAQ: FFIV) has lost more than 10% in the past two weeks to trade at about $119. Analysts attribute the decline to the lower than anticipated fiscal 2017 third-quarter

Read More

Swiss Franc strengthens on strong retail sales, PMI data

Better than anticipated flash manufacturing PMI and strong demand for homes enabled the US dollar to climb against the Swiss France in July end. The weakness in the Swiss Franc was also aided by an excess of Franc in the

Read More

GM turns bearish on concerns of US market slowdown

Last week, General Motors Company (NYSE: GM) reported a better than anticipated fiscal 2017 second-quarter earnings. However, the revenues fell short of estimates. Additionally, the second-quarter net income was 40% lower compared to last year. The company is also facing

Read More