Pip Diddy

Pip Diddy

Every day, I will present to you my findings and daily commentaries on what recently happened in the economic arena, possible shifts in sentiment, economic events to watch out for, and their effects on currencies.

Articles by Pip Diddy

AUD Weekly Forecast – Eyes on Risk Sentiment

Not a lot of top-tier releases from Australia today, which means Aussie traders will likely look to risk sentiment for direction. Are you ready to trade the Aussie? Check out the potential catalysts that might influence the comdoll’s price action this week: Flash Markit PMIs (June 22, 11:00 pm GMT) Manufacturing inched up from 42.8 …

Read More

Winning breeds complacency. When trading is going particularly well, many traders will tend to get lax in both their trade entry and money management. They will be more prone to take trades they normally wouldn’t and to be less rigorous in their risk control.Jack D. Schwager