This week we will see a few “medium” and “high” alert economic releases, which will likely cause volatility that will help the EURUSD, GBPUSD, or USDJPY break out of their recent ranges. Especially for the…
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Forex Volatility Expected
FOMC – After The Meeting, What’s Next.
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,…
GDP Report, BoE Rate Speculation
For the he Q2’15 UK GDP report and the Bank of England, we see data and events so far this week unfolding favorably for policy hawks. Today’s report implies that UK growth rates are gaining…
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…
German Ifo exceeds expectations
German Ifo survey exceeds expectations and the euro achieved a four month high against the Swiss franc. The dollar tumbled after a drop in U.S. shares and bond yields dimmed its appeal, This week the…
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,…
