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...
What to Expect in the Thanksgiving Day Trading Week Many years ago I went to work on the Friday after Thanksgiving. Markets went crazy and I had one of the best trading days of my career....
NewsquawkWeek Ahead:Highlights 25 th-29nd November 2024 Newsquawk Week Ahead Highlights include FOMC Minutes, RBNZ rate decision, EZ HICP, and Australian CPI MON: German Ifo (Nov), US National Activity Index (Oct) TUE: FOMC Minutes (Nov); US New Home...
Why the Choice of the US Treasury Secretary is Important for Trading. I hate writing about politics and only do so to the extent it impacts trading. This is one of hose times when politics (i.e....
How to Trade the Current EURUSD Trend Unlike retail or day traders, large funds or “real money” traders do not have the luxury of being able to turn positions quickly. While I am not privy to...
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...
Prop Trader Confidential: Avoid This Pitfall There are various reasons why most prop traders fail, including inexperience, a lack of discipline, over leverage, poor risk management, lack of a trading plan, poor trading skills, inability to...
How to Trade in the New Trump Era Markets like certainty and hate uncertainty. The former allows expectations to be formed for what may lie ahead. It is harder to form a consensus when the outlook is uncertain...
Forex Trading Tip: How to Use Retracements to Your Advantage Retracements are a necessary evil. They are a market’s mechanism to shake out weak longs or shorts when positions get too over extended on one side...
What do you think about social media trading? Social trading is the process through which online financial investors rely on user generated financial content gathered from various web applications as the major information source for making...
Weekly FX Chart Outlook Nov 11-15 For the week ahead it is like digging out after what was not a normal trading week. So, use last week’s low/high as broad ranges (see below) that either have...