What’s the Difference Between Hawkish vs. Dovish Monetary Policies? Currency prices can change a great deal based on the monetary policies of the country in question. It may come as no surprise then that there are different...
Newsquawk.com Week Ahead 3rd-7th June: SUN: JMMC and OPEC+ Meetings. MON: Chinese Final Caixin Manufacturing PMI (May), EZ/UK/US Final Manufacturing PMIs (May), US ISM Manufacturing PMI (May). TUE: South Korean CPI (May), Swiss CPI (May), German Unemployment (May),...
Beware: Divergences are Not a Trade Signal (nor an Exact Science) One thing that you cannot afford to get mixed up is this: Divergences are an indicator NOT a trade signal. It would be a bad idea...
You probably want to know about the strength of a breakout move before you decide if you are going to trade into that breakout or not. After all, the stronger the breakout, the more that you can...
Since most retail traders lose money, it is easy to blame the broker who acts like a market maker and takes the other side of the trade. At some point, the trader must be accountable for his/her...
There’s more than one and only one way to trade the news that comes out of the Forex market. Most reasonable people understand that this is not the case and that they need their own unique strategy...
Before you dive straight into trying to trade Forex news and develop a strategy around that, you should try to figure out which news stories are worth trying to trade in the first place. After all, you...
How to Understand the COT Report Anyone who wants to be involved in the currency market needs to understand how to find certain sources of information that they wouldn’t necessarily be all that concerned about in other...
How do you know when you’re dealing with a trending market? Many traders like to see a trending market far more than they would like to see a ranging market. Either market condition can be potentially proftable...
We had some EUR positive Fundamentals last week that helped the pair to extend the gains from the week before ( or better to say USD negative ) The Nonfarm Payroll report The Federal Reserve was less...
What I have always loved about our Forex Forum is you never know when someone will post something that catches your attention, especially when it proves to be on target. In this regard, I am just the...