I was asked whether it is possible to arbitrage price differences between two brokers. Let’s start with a definition of arbitrage and then discuss whether it is feasible. Arbitrage is defined as the simultaneous buying and selling of...
EURUSD Daily View Today’s US Data had a tremendous effect on EURUSD, sending it to a free fall, and breaking every single Support – real or imagined one. It is not a problem to comment on it...
While most traders do not trade the U.S. Dollar Index (USDX) it can be a useful tool for trading other currencies. At times it may be a missing piece to your trading puzzle so it pays to...
This is another one of my favorite trading tips. The first step is to understand why retracements work. The next step is to find a way how to use retracements in your trading. and I will explain...
Just today Gold has hit it’s new record high of All Times – 2365.34 $ per Ounce. In the past year it has surged roughly 16%, and just in the past month 5.6% And what are the...
The pair is in clear Uptrend, and Swissy never looked so vulnerable. CHF is hit even from the USD , and that is not it’s usual state of affairs. Resistances come at : 0.98950 , 0.99150 and...
This is a great tip because this is one of the keys to trading. It is the most logical approach but in the heat of battle, often the most difficult to implement. Master this and you will...
This is one of my favorite forex trading tips and the basis for much of my trading. The forex market is driven by a constant quest to run stops. This may be just my opinion but it is...
The key to any strategy is to be able to put it into practice in real time. We all know that trading rarely operates like a textbook so it is important to understand the logic behind a...
In the world of electronic forex trading where an increasing volume is generated by automated programs, it amazes me that psychological levels still have a significant impact. It may be that my mind acts as an algo...
With USDJPY setting a new 32-year high, traders are keeping one eye out for any hints of intervention, This has seen Japanese officials step up verbal intervention in an effort to contain or at least deter the...