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.

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

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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

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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

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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

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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

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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

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Soft inflation, dovish RBA keeps Aussie weak

Expectation of a change in stance to hawkish by the RBA had kept the Aussie bullish against the Canadian dollar for the most part of July. The Australian dollar’s rally against the Loonie was also favored by the weakness in

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Saudi’s decision to limit oil exports strengthens Loonie

Improved economic outlook and hint of another rate hike by the Bank of Canada enabled the Canadian dollar to rally against the Yen for the past one-and-a-half month. The Yen was also weakened by an increase in the unemployment rate

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JnJ beats Q2 2017 EPS estimates, raises FY17 outlook

Aided by a 4.4% increase in global sales, the medical devices & pharmaceutical company Johnson & Johnson (NYSE: JNJ) reported a better than anticipated fiscal 2017 second-quarter earnings. However, the revenue came below the Wall Street estimates. Thus, the stock

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Euro up on rising demand for Euro-denominated assets

In our July 10 report, we had forecasted the EUR/CAD pair to decline to 1.4460 levels. We had also mentioned our interest to open a short position in the currency market at 1.4680. Additionally, we had also expressed our desire

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