Another choppy, volatile, some might even say knicker gripping week in FX. I just hope that “newbie” traders heeded the warnings and traded smaller. One thing for sure is that if you can survive these markets you will survive most aspects of FX trading. The markets have been at times during the day very unforgiving […]

The world is now officially closed. We are stocked up and good to go for 16 weeks, which I think is about it from lock yourself up in splendid isolation. Mid-July as I see it is when we can mix again and return to what will no doubt be the new normal. During the past […]

I am for once not 100% sure on what I can write about this week that stands out from what will no doubt be equivalent to about a ton in weight in Financial Reports and in-depth analysis following what can only be described as a bloodbath on a roller coaster…. now there’s a visual for […]

Timing in trading FX is important. Your trade exits and entries need to be timed as best you can to maximise profits or minimize losses. A couple of weeks ago, I had to diary “a visit to the dentist for a root canal treatment” and decided last week was the best time given it was […]

That was some month. If you are into bloodbaths with vampires happy days; you are welcome. I have not seen anyone write that the Coronavirus (Covid-19) was a BLACK SWAN event yet, but with U.S, equities now in full-on correction mode, and given the multiplier effect that transmission and infection of this virus explodes in […]

Lots of “BIG NEWS” last week, so many Forex headlines that deserve comments. Let me take an overview of what resonated with me. There are probably more items other traders would list, but my blog…. my list: – USD/JPY Inter-market Correlations EUR the “Carry Trade” currency Trade Issues, Travel Bans, PMi Data and Global Economic […]

I know that there is no such thing as “GROUNDHOG WEEK”, but that is what it feels like. I know that I was around for the week but not a huge amount seems to have happened, if anything did happen, it may be age, but I do not appear to have remembered much at all. […]

I am struggling to define the current FX market other than to use words such as trapped, difficult, rangebound, painful and f**ked up. One of the aspects to FX trading, in fact trading in general that is almost totally ignored is TRADING PSYCHOLOGY. How the mind reacts to trading positions is a fascinating subject. Mostly […]

One month down and eleven to go. Never in a month of Sundays would I have predicted 2020 to kick off the way that it has. One would have thought TRADE WARS, TRUMP IMPEACHMENT, IRAN, NORTH KOREA or BREXIT would have been the geopolitical events to dominate the news, but then, enter the CORONAVIRUS. As […]

So, here we go again, a very, very interesting week in FX. Volatility is starting to emerge once again, not on the back of the DAVOS 2020 JUNKET but on a World Health concern emanating from the city of Wuhan, CHINA. Following SARS (Severe Acute Respiratory Syndrome), which killed 774 people between November 2002 and […]

In late November I had an aborted DRIVE THRU blog written and ready to go called “MANAGING THE FOREX JIGSAW”. It was another way of linking all in the inter-market correlations together. It was derived from my thoughts that the market was too complacent. Here we go again… The market, in my opinion, is guilty […]

Here we go again… Over the holidays, I spent some time reviewing the impact of this BLOG and how to freshen it up, while at the same time reducing the hours that I pour into its overall initial construction, review and checking and finally distribution. My key goals with my BLOG for 2020 remain: – […]