Hey Traders, GBPUSD has fallen consistently for a very long period of time. As of late, we have seen a choppy market needing direction. Here's my take.
Hey Traders, I have done a lot of posts on various yen pairs over the years. Through this time, Japan has persisted with their negative rate policy. The significant value dropping of Yen pairs has been something I've spoke about for a very long time, and has occurred as a result of the monetary policy/approach taken by the BOJ. This, however, is unsustainable...
Hey Traders, The USDCHF has fallen consistently over time since 1971. In 2011, it started to stall and has moved relatively sideways since. Trading this must be repeatable and probable with a concrete basis. Here's how.
Hey Traders, The FOMC Meeting is underway and comments are coming across the wires about the state of monetary policy and the handling of the economy. Tentatively positive comments are being spoken leading to a further rise in the value of the SPX. Here's why I'm short biased.
Trading success is built on the bedrock of discipline and patience. In the ever-changing landscape of financial markets, the ability to avoid impulsive decisions and adhere to a well-thought-out trading plan becomes paramount. Let's delve into seven actionable tips that not only cultivate patience but also enhance discipline for traders aiming for long-term...
Hey Traders, There really is no need to get confused with trading timeframes. You just need to understand simply how data is arranged. Watch for more.
Diversifying your knowledge is akin to broadening the lens through which you perceive the market. It's not merely about reading charts; it's about understanding the symphony of global economic forces that shape currency movements. Here are a few areas of study which may just help to give you that extra edge: 1️⃣ Macroeconomics Unveiled: Mastering macroeconomics...
Hey Traders, Anticipating moves inline with co-existing sentiment is always handy and a rule which will help you gauge what the next move is likely to be. You see, there is a reason pretty much for every move. Watch for more.
Hey Traders, After such an extreme rally, is there room for shorts? We all know there is momentum in buying behind the SPX, but what is the short case? Well. The thing is, nothing goes up forever without some fall, especially when you are looking at major indexes. I cover it here.
Hey Traders, News in the US is to come today. Here's how to prepare yourself before it does, and for future moves on the frequently traded EURUSD.
Hey Traders, Strong Fundamental aspects must be considered especially when dealing in FX Markets. This relates to CB outlooks globally. Watch for more.
Relying on opinions or gut feelings can lead traders down a treacherous path fraught with impulsive decisions. I present you with seven compelling reasons why avoiding trades based on opinions is not just a recommendation but a cornerstone for sustainable success in the complex world of trading. 1️⃣ Objective Analysis Over Subjective Opinions: The essence of...
In the solitary world of trading, connecting with fellow traders becomes a lifeline. Building a network offers more than just camaraderie; it's a strategic move to enhance your skills and perspectives. Let's delve into seven ways to access communities and establish meaningful connections. 1️⃣ Embrace Online Communities: Joining reputable online trading...
Embarking on a trading journey requires a well-crafted learning plan to navigate the complex world of financial markets. Here is a break down of the essential elements for a comprehensive and structured learning approach. 📚💹 It is important to take note of these things early on and journal any lessons you learn if you can. It is very easy to forget mistakes...
Staying informed is crucial. However, there's a delicate balance between being well-informed and succumbing to information overload. Navigating through a sea of news, analyses, and market chatter requires finesse. Here are some strategic tips to help you stay informed without drowning in an excess of information. 1️⃣ Curate Quality News Sources: Amid the...
Embarking on a trading journey is exciting, but the allure of quick fixes and get-rich-quick schemes can be tempting. There are no shortcuts and work must be put in to achieve real consistency, just like it would for a dentist, a doctor, and many other professions where years of study and practise is required. Be mindful of the following: 1️⃣ Embrace the...
Hey Traders, Within US markets the same theme really is occurring. Up moves in fast succession. Ignoring Technical factors/bias is unwise if you are looking for concrete evidence in your trading decision(s). Fundamental Analysis rules markets in direction, but viewing candles tells you a lot aswell. This clears it up.
Hey Traders, Today at noon GMT time we will hear from the BOE. Rates are expected to be held, but we may see a change of rhetoric from Central Bank Governors. The UK has struggled with growth for a while, so it will be interesting to see. Here's the economic/fundamental side as well as the Technical case before hand.