Next week, the Open Market Committee (OMC) of the Federal Reserve Bank will hold its monthly meeting. Even without checking futures prices, it’s obvious that the probability of an interest rate hike is nil. [In fact, the odds of a... (Continue reading)
U.S. dollar remains somewhat weak in currency trading
Forex traders and others are looking for some direction today as uncertainty sets in. U.S. unemployment claims are on the rise again, after predictions that they would fall. Many Continue reading)
In my experience of teaching numerous students of the Forex Markets, I have pretty much heard every excuse in the book as to why they have lost money. With complete novice traders, their financial losses are usually down to a... (Continue reading)
High frequency finance, with the analysis of tick-by-tick market data, offers new insights in how to trade. Before you continue reading, I want to caution you that over 80% of the traders in any one-year lose money. Of the 20%... (Continue reading)
I last mused about the possibility of Japanese Yen intervention in June (Japanese Yen: 90 or 95?): “It seems that anything between 90 and 95 is acceptable, while a drop below 90 is cause for intervention.” Since then, the Japanese... (Continue reading)
It has been three years since the Bank of International Settlements’ last report on foreign exchange was released. Since then, analysts could only speculate about how the forex market has evolved and changed. The wait is now over, thanks to a... (Continue reading)
1. What are your recommendations on how to trade Forex this summer? What should be the trader's tasks in August? What should we prepare before leaving for holidays? High volatility poses a threat to the carry trades. Since market volatility... (Continue reading)
1. What are your recommendations on how to trade Forex this summer? What should be the trader's tasks in August? What should we prepare before leaving for holidays? For me, and for many other traders, trading forex during the summer... (Continue reading)
1. What are your recommendations on how to trade Forex this summer? What should be the trader's tasks in August? What should we prepare before leaving for holidays? Summer is pretty much against my trading style, because I like to... (Continue reading)
1. What are your recommendations on how to trade Forex this summer? What should be the trader's tasks in August? What should we prepare before leaving for holidays? In America, many traders take their summer vacation in July. They stop... (Continue reading)