We saw a modest climb in the USD after FOMC issued a statement that confirmed expectation of an increase in interest rates later in 2015. This did no seem to affect the prices of commodities,…
Recent Posts
Forex Trading Outlook July 29 – 31, 2015
Forex Trading Outlook: From now until tomorrow’s FOMC minutes release, we expect the markets to continue range bound and sluggish. Unless the changes are dramatic the markets should stay uneventful until the first week of…
Plan your trade and trade your plan.
I remember as a young kid learning to fly private planes my flight instructor said to me “Mike, when you get in the airplane and put your safety belt on, remember that you are strapping…
BEGINNER’S GUIDE: Lot Management
Since 2006 I have spent hundreds of hours speaking to countless Forex traders of varying experience and skill level. And one thing that stands out in those conversations is the lack of understanding and confidence…
Risk Management
At the very mention of risk or risk management most people simply glaze over. We live in a world full of risk; around every bend is potential disaster. Whether it’s getting on an airplane to…
Forex Trading Golden Rules
If you want to play sports, you have to play by the rules. Ignoring the rules could get you disqualified. In the same way, if you want to trade Forex, trade by these Golden Rules,…
