Coming off one of the slowest European US sessions that I can recall, feeling like a summer Friday, it got me thinking about one of my trading tips. I call it Complacency Can Be a Trader’s Worst...
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Tag: intervention
Trader Alert The forex trading landscape is littered with losses and blown accounts by those who counted on central bank support for their positions. While betting on central bank intervention may work at times, when it doesn’t...
I received the following question from a trader sitting with an underwater position. I am long USDJPY above 155 and need some guidance. Could you give me some advice on whether to hold on or hedge it....
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...
With USDJPY extending its high marginally to a 34-year peak at 151.97, Japanese officials have stepped up verbal intervention warnings. As a result, Japanese officials face a credibility test after Finance Minister Suzuki said they could take...