The US Dollar Index is a Joke I don’t know why it is called the USD index but the name is a joke. It is only composed of 6 currencies (see below) and the EUR makes...
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Common Sense Tips for The Average Trader They say a trader learns more from losing than winning but hopefully it is not to the extent that it wipes out one’s account. I was asked the following...
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...
Forex – Order of The Pack What is the order of the Wolfpack? The alpha pair commands the whole group, while the beta pair directs the mid-level wolves, and the adults take charge of the remaining...
Newsquawk Week Ahead Highlights October 14-18 Week Ahead: 14-18th October 2024 Newquawk.com Highlights include: US retail sales, ECB, Aussie jobs, inflation data from China, Japan, New Zealand and Canada SUN: Chinese Inflation MON: OPEC MOMR, Chinese...
Are Forex Broker Client Position Reports Useful or Not? At first glance forex broker client sentiment reports showing net client positions seem like a useful tool. However, when you dig deeper it raises the question whether...
Trading Tip: Treat Your Trading as a Business: Keep a Ledger. Those who have followed me know how I feel about treating trading as a business and not a casino. If you treat it like a casino...
Trading Tip: Day Trader’s Guide to Beating the Market Any trader knows that trading is tough but I hope this makes it easier. In this video I am sharing a trading tip you should find invaluable and use...
This Will Change the Way You Look at Trading Let me start out by saying where you place a stop is more important than where you enter a trade. Understand this concept and you are on...
Weekly FX Chart Outlook – October 7-11 There is a light economic calendar in the week ahead as traders are left to digest the stronger US September jobs report, which has all but factored out a...
Newsquawk.com Highlights include US CPI, RBNZ, Minutes from FOMC, ECB and RBA, Canada jobs, and UK GDP Newsquawk Week Ahead Highlights for October 7-11 MON: Mainland China market holiday TUE: RBA Minutes, EIA STEO WED: RBNZ Announcement,...
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