Hey Traders, News circulating around a potential Bitcoin ETF Approval is causing volatility in Crypto markets. But, you always have to keep your head screwed on and understand some key components. Watch for more.
Hey Traders, Taking both a fundamental and technical approach is key for defining future market movement. To do this you need to: 1. Understand what is going on with the respective central banks for both involved economies (FED and BOJ). 2. Identify key tech zones for entry where orders are going in and out. Put the two together, and things get a lot easier.
Hey traders, After the recent rally on gold to new ATH's, we can judge what to do on falls to early support, or rises to former resistance. Eyes are now on the FED as we approach inflation data and other key news. Some hints have already come, but 2024 is set to be a year of changes. Watch for more.
Hey Traders, As NZDUSD is a top mover today, I thought I'd cover it fully. Lets go over the long/near term bias I have.
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...