Is forex trading like playing poker? If so, what are the similarities and what exactly can we learn from poker players? Read on to see the three things we can get from successful poker players!
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It's the last day of the trading week, so let's do something special in today's intraday forex charts update by taking a stroll down memory lane, with our previous setups for CAD/CHF, AUD./JPY, and EUR/GBP in focus.
Price action was a bit chaotic during today's morning London session, but just like yesterday's European session, the Swissy and the Kiwi were clearly in demand yet again.
The BOJ’s decision provided the finale for this month’s central bank policy announcements. Did the event live up to the hype? Here are 5 things you need to know!
I'm seeing a lot of consolidation among pound pairs these days, as traders are probably waiting for more economic clues. I've got a bit of a bearish bias so I'm waiting to short GBP/CHF at these areas.
Another week in Chopsville! There were hardly any strong trends for the SMA Crossover Pullback system to catch lately, but it still manage to scrape some gains.
Unfortunately I took one loss today from one trade. See how it all went down in today's Cowabunga Surf Report.
A pretty good week for the HLHB System, as it gained pips from both EUR/USD and GBP/USD just by doing what it's meant to do: catch intraweek trends.
Now that the FOMC statement is over and Fed officials seem to be relatively hawkish, I'm setting my orders for this USD/CAD pullback play.
Australia's quarterly CPI came in line with expectations of a 0.4% rebound so that's my cue to close this AUD/USD short position. Here's what happened.
The value of net bullish bets on the Greenback climbed higher during the week ending on July 19, 2016, but the latest COT report from the CFTC shows that the Greenback actually had another mixed performance, losing ground mainly to the Aussie.
There are times when the market narrative leaves us knowing that the markets may not be done adjusting or REadjusting to a new twist in the plot. The GBP is such a story.
Despite the UN tribunal ruling that China has “no legal basis” for its expansive claims in the South China Sea, China is digging in and saying they refuse to accept the decision. [Bill Haden. The South China Sea, Yale University Press.]