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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 ...
US Dollar Forecast- Dollar’s Rally May Be Just Starting if Risk Aversion Ignites this Week The Dollar finally took a breather this past week. After 12 consecutive weeks of climb, the Dow Jones FXCM Dollar (ticker = USDollar) fell 0.7 percent. Japanese Yen Forecast – Don’t Sleep on the Japanese Yen - Big Things on the Horizon The Japanese Yen surged versus all major counterparts as the US S&P 500 saw its worst weekly decline in over two years. There’s little economic event ...
Talking Points EURGBP Stays Range Bound Post NFPRange Support Sits at .7864Range Reversals Triggered Under .7808 EURGBP 30min Chart Traders looking to avoid the volatility of this morning’s NFP event, can set their sights on currency crosses such as the EURGBP. Thia pair remained quiet, despite the rest of the market’s volatility, and has maintained ...
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