It seems that the Japanese really do love giving out surprises! Earlier today, Japan's Economy Minister Akira Amari shocked the markets with some unusual comments on exchange rates. According to him, further losses in the yen could become a threat to the economy!
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Good morning forex friends! This week, I'm taking another swing at EUR/USD, looking for a retracement setup to play my biases on the euro and the US Dollar, with the FOMC as my catalyst for a move.
Will the comdolls finally get a breather this week? Or will they continue to slide against their counterparts? Whatever the case, make sure that you've marked the inflection points for AUD/USD, USD/CAD, and NZD/USD!
It was an amazing week to buy the dollar. The Greenback dominated last week's trading on the heels of positive data from the U.S., further fueling speculations that the Fed would soon start to taper off its asset purchases.
Time's up fellas! It's time to give a round of applause to last week's winner...
I had an absolutely awesome weekend, but now it's time to get back to regular programming. That means starting the week off with a healthy dose of my Weekly Watch!
If you enjoy trading the major currency pairs, then today is your lucky day. I have spotted excellent trade setups on EUR/USD, GBP/USD, and USD/CHF! Check them out while they're smokin' hot!
Welcome to a fresh week of trading. Complete your pre-market routine by checking out what major economic events are scheduled this week!
In my previous Pipsychology articles, I often discuss the things that can be done to improve one's trading performance. This time, let's take a look at some of the reasons why most traders fail.
Today I ended up with one winner and one loser and ended up slightly negative for the day. See how it all went down in today's Cowabunga Surf Report.
Greetings, earthlings! I'm just about ready to begin backtesting ilzalama's Trend Runner system. Just a few more tweaks to my flux capacitors and I should be ready to go!
The USD/JPY got everyone's attention but for me this was mainly follow-through from last week's pullbacks. I don't want to scramble in with everyone else - I'd rather build a position on corrections when I have a trend.