Japanese Candlestick Bodies & Shadows Japanese candlestick price charts may seem daunting, so we made an easy guide to understanding them. Real Time Charts Body Positivity Just as we all have varying body sizes, Japanese candlesticks...
Newsquawk.com Week Ahead 24-28th June: MON: BoJ Summary of Opinions, German Ifo Survey (Jun), German Import Prices (May) TUE: Japanese Services PPI (May), Canadian CPI (May), UK GDP (Q1) WED: Australian CPI (May), German GfK Consumer Sentiment...
Intervention in the currency markets, unless it is coordinated with other central banks and/or is accompanied by other policy moves, such as a change in interest rates and/or is on a massive scale, can have a limited...
Can you imagine a scenario where you could make money in the market no matter which direction it decided to move? Believe it or not, there are strategies that can help make that a reality for you....
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...
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...
There was a Global-View member. a bank trader working for Japanese bank who gave the JPY a nickname I never forgot. He called the JPY “The Devil “  The reason, as he said was because “the YEN...
Let’s start with the assumption that the MoF/BoJ have reached their point of pain. I am not saying this is the case but it pays to be on intervention alert. After looking at this chart from Friday...
Many new traders have not experienced intervention and even those who have traded on this event, it pays to have a refresher to see which type tends to be most effective. I call it an intervention primer. With...
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that would provide you with everything that you needed to invest perfectly every time?...