US Dollar Forecast- Usd Aiming Higher as Upbeat Jobs Data Fuels Fed Hike Bets US Dollar looks poised to continue to advance for a third week as upbeat payrolls data fuels speculation that a Fed interest rate hike will arrive sooner rather than later. Great British Pound Forecast - British Pound Holds on by a Thread- What to Watch in Week Ahead The British pound finished the week notably lower versus the resurgent US Dollar, but a busy week of economic event risk ahead suggests ...
US Dollar Forecast- Dollar and Market Confidence Ride on FOMC Decision The US Dollar managed to muscle out a modest advance this past week despite favorable winds for investor sentiment (through benchmarks like S&P 500 and volatility indexes) as well as a persistent dovishness in rate forecasts. Japanese Yen Forecast – USD/JPY to Eye Fresh Highs on Less-Dovish FOMC, More BOJ Easing The fundamental outlook for USD/JPY remains bullish as Federal Open Market Committee (FOMC) ...
Talking Points -Don’t get married to a trade or currency -Identifying the Next Likely FX Leader -Know When That Has Failed “If you cannot make money out of the leading active issues, you are not going to make money out of the market as a whole.” “The leaders of today may not be the leaders of tomorrow.” Jesse Livermore Trading is simple but it isn’t easy. The simplicity is that trading often involves finding a strong currency ...
US Dollar Forecast- Dollar and the Markets Contemplate Volatility and QE Amid extreme financial market volatility swings and talk of US stimulus plans, the US Dollar finished out a second consecutive week in the red. Japanese Yen Forecast – Japanese Yen To Extend Gains on Global Slowdown, Fed Tightening Fears A lull in homegrown event risk will keep macro-level trends in focus for the Japanese Yen in the week ahead British Pound Forecast – GBP/USD Rebound ...
Talking Points Risk management should be considered prior to entering into a tradeNever risk more that 1% of your balance on any single trade ideaStop trading if losses amount to more than 5% in one trading day The final lesson scalpers must learn is probably the most important, risk management. The decision on how to manage risk can have a great impact on the bottom line of your account than deciding where your entry orders should go or even what time frame ...