How to Use the Trump Trade as a Clue to Trading As I have noted, when there is a key event traders generally price in the most extreme case as reassess afterwards. This was the case...
Latest USDJPY and EURJPY Updates From the Savvy Trader There was a 2nd bite of the cherry with the EurJpy rally to 162 but the UsdJpy could not maintain 150 and so now there will be trapped longs...
Is Gold Becoming the Next Major Currency? There are some articles that stand the test of time. The following is an article I wrote 10 years ago that is worth reposting. The article asks a question...
Forex Trading Confidential: What Makes USDJPY Move? When you see USDJPY move sharply in one direction or the other assume it is being driven by more than just US dollar buying or selling. More often than...
How Traders Should Prepare for the U.S. Election Anyone trading knows how hyper sensitive global markets are to news, whether it be economic, monetary policy related or geopolitical. Being in sync with what markets are expecting...
Forex Wisdom Forex Tips for every Trader Any market, be it real estate market or forex market, is all about transferring money from the masses to a few lucky ones in the long run. In most real...
Why You Should Treat Forex Trading as Being in Episodes Not Trends Most technical traders refer to momentum moves as trends. I prefer to look at the price moves as trading in episodes. Like a streaming...
Embrace the Retrace As those who have followed my thinking know, I believe trading is common sense. When you think of trading this way you can make sense of what many take as blind faith and...
Weekly FX Chart Outlook – October 21-25 Weekly FX Chart Analysis The upcoming week has a light economic calendar, especially from the US in a forex market that seems to need news to create volatility. Arguing for...
What is spot gold? Online brokers have opened the market for gold traders, who have the ability to trade spot gold similar to the way forex is traded. This offers a way to speculate on the...
What is the one word that makes the forex market move? Is it technicals? Is it news? Is it momentum? Is it fundamentals? The answer is none of the above. So what is the one word...
Weekly FX Charts Outlook GBPUSD Weekly Charts Outlook Supports : 1.29700 , 1.27350 & 1.24850 Resistances: 1.31350 , 1.31850 & 1.32750 As long as above 1.29700 Bullish. If it can’t surmount 1.31850 next week, this might...