In this screencast, I'm looking ahead for potential moves, possibly south in the US-Dollar. This is about preparedness. In the video I explore emerging geopolitical and macroeconomic issues that are taking place. The US-Dollar strength has big influence at this time on: 1. Commodities 2. Metals - especially Gold and Silver 3. Oil 4. Stock markets in the US and...
The US-Dollar got hammered on most pairs in the last day or two. Day traders may have suffered or gained. The US-Dollar index shows what happened. On the Daily time frame US-Dollar is still pretty bullish, so stay tuned on lower time frames.
In this video I use the recent losing gold trade to talk about how to manage trades like a pro. You do this using 3 main principles 1)Risk small amounts of capital, 2)Don't over-trade, 3)Don't ignore counter-position price action.
I focus more on historical factors in brief overview in the video. There is an emerging perception that both the EURO and the US Dollar a Ponzi schemes of sorts. How can the US Dollar which is backed by 'thin air' have come to dominate the world. What is a Ponzi scheme? Are there similar elements in both the EURO and the USD? Look and you may see. Geopolitics...