Fed Chair Janet Yellen really delivered when she gave her Jackson Hole speech on Friday. But If you missed it, here are the 3 key takeaways from her speech.
Blogs: Newest Posts
The importance of growing psychological capital is probably even more important than increasing your account balance when talking about long-term trading success.
I'm closing out this week's intraday forex charts updates with Loonie + chart pattern double special. To be more specific, I've got a channel for CAD/JPY and a couple of triangles for NZD/CAD and AUD/CAD.
All was calm in the forex front during the morning London session, likely because traders were waiting for what Fed Head Yellen has to say later. There were some movements from Swissy and pound pairs, though.
Bah, so much for trying to catch the bearish momentum on this one! The Kiwi was able to put up a strong fight against the Loonie and steer clear of a sharp NZD/CAD drop.
Choppy market conditions seem to be back in play, but the SMA Crossover Pullback forex mechanical system still managed to catch a few gains.
Here’s a retrospective and, hopefully, some perspective on the drivers of the long-term trends in the US dollar index in the era of free-floating after President Nixon closed the gold window on August 15th 1971 and rendering the Brenton Woods system to the dustbin of history.
Another good week from GBP/USD! Thanks to the U.K.'s tier 1 reports, this trend-catcher caught a net of 166 pips throughout the week. Too bad it didn't fare as well in EUR/USD though.
Are you ready to expand your forex trading skills to other financial assets? Here’s a newbie-friendly guide to what CFD trading is all about!
I changed my mind about setting short orders on Cable since price blew past the Fibs and nearby resistance without even looking back.
Things aren't looking so good for the Land Down Under and its trade buddies lately so I'm canceling my open orders on this AUD/USD long setup.
I've been on a semi vacation so it's been a little hard to trade the past couple of weeks. However, I was able to get in the markets today and grab a nice little win! See how it all went down in today's Cowabunga Surf Report.
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.