Trading in a Holiday Season Lots have been said on this issue, and all of it was more or less right. Trying to guess the next move on any given pair can be at least difficult...
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...
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...
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...
Forex Wisdom Forex Tips for every Trader Any market, be it real estate market or forex market, is all about transferring money from the masses to a few lucky ones in the long run. In most real...
Is the Trump Trade Back On? As we enter the last full week ahead of the US elections, polls are so tight that it is hard to see big bets on the outcome. In addition, the...
Weekly FX Chart Outlook Oct 28-Nov 1 While there is a full calendar of events this week to suggest volatility and opportunities to trade, the key focus is looking ahead to the Nov 6=5 US elections....
Embrace the Retrace As those who have followed my thinking know, I believe trading is common sense. When you think of trading this way you can make sense of what many take as blind faith and...
How Does a Currency Options Defense Affect the Spot FX Market? While many new forex traders think of options as binaries, traditional currency options are the ones that have an influence on the spot fx market....
The One Word That Makes Markets Move Part 2 I asked a question of our readers in Part 1 of The One Word That Makes Markets Move. The question was what word? The answer was “failure.” A...
Weekly FX Chart Outlook – October 21-25 Weekly FX Chart Analysis The upcoming week has a light economic calendar, especially from the US in a forex market that seems to need news to create volatility. Arguing for...