Reading the ECB statement without the noise
How to separate the parts of a central bank statement that actually move markets from the parts that are written for everyone else.
8 min read
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From our research desk
Written, patient market analysis. For students of the FX market.
A working library of educational pieces from our analyst team. We write about market structure, central-bank policy, chart context, behavioural risk and study process — never as recommendations to buy or sell anything.
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EUR/USD weekly structure: a study in patience
A walk-through of how a weekly chart can change the way you read the same pair on a 4-hour timeframe.
6 min read
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Why "1% per trade" is a starting point, not a rule
A closer look at where the classic 1% sizing guideline comes from and the conditions under which it stops being useful.
7 min read
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The cost of trading through a bad week
A structured way of recognising when a losing streak is signal and when it is just noise.
5 min read
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Carry trades, explained slowly
A patient introduction to one of the oldest themes in FX, why it disappears for years at a time, and why it always comes back.
9 min read
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Three indicators most students should learn to use less
An honest look at the difference between indicators that confirm what a chart already shows and indicators that mislead beginners.
6 min read
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How we write
Calmly, slowly, and never with a trade call inside.
Most market commentary online is built to drive engagement — to be re-shared, to provoke a strong reaction, to give the reader something to "do" with their broker app open. We write the opposite kind of piece.
Our briefings and longer essays are written by educators. They describe context, structure, history and process. They identify levels we are watching and explain why. They do not tell anyone what to do, because that is not our job, and because a written piece cannot know your circumstances.
If you are looking for trade calls, signal channels or "high-conviction" buy and sell ideas, you are in the wrong place — and we are quite happy to say so.
Editorial principles
Educational only
Every piece is written for students of the market.
No recommendations
We never tell a reader what to buy, sell or hold.
Sourced where useful
We link to central bank publications and primary data.
Reviewed before publishing
Two-author review on every macro and risk piece.
Corrected in public
Errors are corrected at the top of the piece, dated.