Two Blokes Trading - Learn To Trade Online

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 th

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 profe

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'

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 s

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

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 ga

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 growin

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

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.Ror

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

In this episode Jonathan and Rory talk about recent events in the markets and what their opinions are going forward. The Blokes take a look over FX, commodities, indices & Stocks. The hot topic was APPLE loosing $200 billion in market cap in less than a week, the blokes offer their opinion in the future direction of APPLE stocks. A highlight from last week was the downgrade of US debt by ratings agency Fitch’s where US debt was downgraded from AAA to AA+. This sparked some initial selling in the market, but Rory reiterated in the podcast that he doesn’t think this single event will cause anymore selling.On the Tuesday morning news released also stated that another ratings agency, Moody’s had downgraded US small and mid-size lenders which added pressure to financials. This was on top of the Italian government announcing a surprise 40% windfall tax on extra profits.Looking ahead into the week, Jonathan takes us through his prediction for the US dollar and the CPI report due to be released on Thursday.

Rory and Jonathan talk about recent events in markets including the dollar, gold, USEquities and world indices. The Blokes also talk about recent events such as theUS CPI and this weeks data which includes RBA, ISM Surveys, Non Farm Payrollsand Unemployment Situation Report.In the podcast, Rory talks about the stronger than expected data on Monday and how itwas linked to a strong AUD and what he expected from AUDUSD for the short termas the RBA interest rate decision is in a matter of hours.Jonathan talks Gold and what his view is on XAUUSD moving forward into the second halfof the year. Considering the strong upwards movement, Jonathan believes pricestill has a lot of upside potential. Rory however disagrees and thinks Goldwon’t be able to breach $2000. Will Gold rally in 2023? Listen to find out both opinions.What Rory and Jonathan both agreed on was the price of Oil and where is will be heading.Both think that it could be headed towards $90 per barrel as production cutsseen by Russia and Saudi are set and

In this weeks episode, Jonathan and Rory talk about the difference between Trading vs Investing. These terms are often used interchangeably amongst the retail community however, it’s important to distinguish their differences and to be aware that trading and investing often have different processes.Both Jonathan and Rory have different opinions on whether you should trade before investing or invest before you trade. However, both the blokes agree that learning the fundamentals to finance & economics is a great starting point as well as learning about technical analysis and sentiment.Jonathan and Rory also talk through their own processes for both trading and investing and highlight their key differences whether it’s in the trade idea generation process or whether it’s about risk management or psychology.The blokes then go on to talk about how retail traders have impacted the financial markets with the influence of wall street bets & other social platforms, plus the impact influencers can have on the m

Jonathan and Rory talk about recent developments in the markets including, strong selling in dollar which was later seen with strong buying which managed to see the DXY Index climb above 101.Rory mentions this thoughts around recent dollar buying stating that if dollar was to continue the downward trend it would need to be sold against another pair but what pair would he buy now that PMI reports are coming out weaker and inflation in the UK is starting to ease, decreasing the chances for higher rates that were initially thought of.Jonathan talks about the recent developments in equities as we are now in the middle of earnings season with lots of big names reporting this week including Google, Microsoft, Boeing , Meta and Exxon to name some. Earning so far this season have surprised mainly to the upside but can the momentum continue as markets seem to be under some pressure?Equities aren’t the only market that could be under pressure, Gold markets are also feeling a pinch after a great run from 1900 to 1980, X

In this weeks episode Jonathan and Rory talk through recent moves in the markets. Rory talks about how recent moves after the lower than expected UK CPI has created a risk on tone in the UK with GBP falling from recent highs and FTSE rallying firm.Jonathan also discusses his thoughts on some FX pairs and explains how sentiment has started to change particularly as the dollar has been selling hard and other key levels in many major pairs are now approaching. Jonathan then goes on to discuss the uptick in Gold but the lack of demand from China & India seem to be capping gains, as well as discussing how Gold generally underperforms in the summer months.Rory mentions how some major banks are calling for WTI Crude to reach levels close to $100 p/b by the end of summer and how production cuts from OPEC as well as increasing demand could see this as a probable cause.The Blokes then go on to discuss how to trade Stocks, they talk through how to generate a macro led trade idea. Rory discusses how he generates his

Jonathan and Rory talk about how the retail trading industry has changed in the last decade. The introduction of Instagram, TikTok and other popular social media platforms, these have been a haven for many charlatan educators, to showcase their fake results and lifestyle in order to lure retail traders. Rory also shares some recent examples of how he has seen the “influencer” lifestyle take over social media and why seeing isn’t always believing when it comes to Instagram.Jonathan discusses how before these times, traders found it difficult to find information regarding trading, but now the industry is a full of false information & it's hard for traders to access real education. Jonathan also explains how by learning from the right mentors can take years off your trading journey & fast track your path to successful trading.A new trend over the last few years has been the development of AI in trading and algorithms. Many large hedge funds and institutions spend billions each year developing quantitativ

Jonathan and Rory take over as Mike has departed from Two Blokes Trading to become a portfolio analyst at one of the UK’s leading pension funds. We wish Mike all the best in his new role and thank you for your valuable contribution to the podcasts.Last week seen US labour markets remain tight with unemployment declining to 3.6% from 3.7%, clearing the path for the Federal Reserve to hike a further 25bps in their meeting at the end of the month.Jonathan asks Rory what his view is on the current economic cycle, including if he thinks the fed have further to go in terms of interest rate hikes and what a stronger labour market means for the Dollar and US risk assets including equities.Currently US indices are in a strong bull market backed by a divergence of data from recent PMI’s that are suggesting the economy may be contracting, Jonathan asks Rory his opinion and where he sees many assets heading such as GBP/USD , EUR/USD, WTI Crude Oil and Gold.Jonathan also asks Rory for his opinion on Apple to which Rory th

In this podcast Mike and Rory share the theory behind how the NFP data release should be traded. The podcast investigates the details of what the NFP is and how it is typically announced. Rory mentions how the NFP is a leading indicator, however also explains that there are leading indicators that can be used for the NFP such as the initial jobless claims, PMI employment reports and more.Mike mentions on the podcast what happens if there is a positive announcement, one that is higher than the expected. Mike tells us that when payrolls are above expectations and participating rates are higher, then we can expect to see growth in risk assets such as equities, Fixed income products and the USD will rally.Rory shares his opinion on how a negative announcement can be a sign of a weakening economy the would require support that we could see equities and risk assets fall, Fixed income products gather strength and USD to drop.Both Mike and Rory agree that they think on Friday, for Junes NFP number it will be higher t

In this podcast, Mike and Rory start by discussing an under the radar under performance from the Brazilian Real on Monday, following the less than expected foreign direct investment into Brazil. The pair talk about how there is still room for growth in their opinion with the emerging market space and the difficulties that can often surround investing into emerging markets.Rory talks about how last Friday’s PCE number came in lower than expected finally below 4% and what this could mean going forward in terms of monetary policy, as well as how markets will recognise this move lower. He also talks about the implications of stubborn inflation at these levels.The Blokes also cover the recent market moves that many big tech names and other corporates are up following some out of Calendar earnings and price being pushed by macro tailwinds in general. Carnival cruise lines (CCL) is one company mentioned in the podcast, looking at how their negative earnings were still a positive for investors and how this landed the

In this episode, Mike and Rory discuss why 90% of traders lose money and how you can avoid being on the wrong side. Rory opens and mentions that too many people believe the BS narrative that comes from brokers who may have a conflict of interest with trading whether that is selling you false information or pushing you to trade products you have absolutely no idea about.Rory also mentions how most retail traders unfortunately treat trading like a casino, where they expect to deposit £100 and turn it into £100,000 in the most unrealistic timeframe. Mike talks about the importance of risk adjusted returns and how 5x your money every year is a very unrealistic approach, traders must seek out information and understand the distribution of returns for a trader each week, month, or year. This is the type of content we cover more of in our App. Rory follows on from Mike talking about some of the professional returns and what to expect from markets.The podcast also unveils the truth behind scams who claim to have prop