Month: August 2018

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  Forex Education: Algos vs. the lowly retail trader. Can you compete in an algo world?

  It is a matter of fighting the fights that you can win. One of the things many retail traders complain about is the influence of[...]
  2018-08-11 01:29:41

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  EUR/USD: Sellers continue to make their presence felt in any price retracements thus far

  Sellers defend levels identified by the near-term Fib level ForexLive This is the same chart I pulled up earlier in the day . As mentioned[...]
  2018-08-10 19:31:11

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  Turkey's Erdogan calls on Turks to sell FX savings

  Turkish president Erdogan is speaking in Bayburt If that is his best response to the situation, then there is going to be further pain to[...]
  2018-08-10 19:31:11

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  The lira is not liking Erdogan's comments so far

  USD/TRY back above 6.00 ForexLive The pair is currently up to a high of 6.08 again. It's slowly turning back into the "blink and you[...]
  2018-08-10 19:31:11

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  More from Erdogan: No one should keep their eyes on FX prices

  Further comments by Turkish president Erdogan - Focus on the big picture instead - Increasing production, exports, employment is the best response ForexLive
  2018-08-10 19:31:11

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  It's almost time for the main events of the week on the North American economic calendar

  US CPI and Canadian employment reports coming up The big story in the FX world today is the Turkish lira, which is down 10.67% today[...]
  2018-08-10 19:31:11

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  EURUSD test the 100 week MA and 50% retracement

  Its the end of the week so traders will be eyeing the close The EURUSD is lower once again and trading near the day's lows[...]
  2018-08-10 19:29:14

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  Canada July employment 54.1K vs +17.0K expected

  Highlights of the July Canadian employment report Earnings have fallen from +3.9% two months ago and that helped to quickly erased the kneejerk down to[...]
  2018-08-10 19:29:14

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  US CPI for July MoM 0.2% vs. 0.2% exp. Core 0.2% vs. 0.2% exp.

  US CPI for the month of July The US CPI data for the month of July came in mostly as expected.  The only "surprise" was[...]
  2018-08-10 19:29:14

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  Trump piles on: Says he has doubled tariffs on Turkey aluminum and steel

  Not sure how much steel and aluminum Turkey is exporting to the US Fresh lows for the lira.  The most notable part of the tweet might[...]
  2018-08-10 19:29:14

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