An overly-busy trader isn’t a great trader Former Bank of England Governor Mervyn King probably shouldn’t be giving advice — he wasn’t a great central banker — but he does anyway and hits on a great point.
Any money is good money, or is it? A few months ago, I got a bit excited and some things I maybe shouldn’t have written. But I’m the kinda guy to put my money where my mouth is — even if it broke one of my unbreakable rules.
What’s the next big trade? I love talking about markets with Jarratt Davis because we have the same fundamental bent. We hosted a webinar on Friday. If you couldn’t make it, we’ll try to do something even better in the future.
We’re hosing a webinar later today It’s been a lively week and I’m sure it’s going to be a crazy year of FX trading. That means it’s a great time to invest some time and energy in learning more and trading better.
“Trade the wide”, and rely on your technical tools. When the markets are volatile and influenced by lots of forces, you really don’t know what is around the next corner.
Trading Education: In the game of trading, it makes sense to keep your trading vision as wide as possible
Keeping your eyes wide open, can influence your bullish/bearish vision. I look at the price action as a game, and in games there are winners and losers. For traders it is the buyers or the sellers who are the winners or losers. One is winning. One is losing
US data risk at 13.30 GMT 2 Feb Yes folks, your next keenly awaited/over-hyped data risk due shortly but I do believe that it carries less weight nowadays as indeed much of the data does with emphasis on politics and trade. In the data coming up I’d say wages more important than jobs still.
Alabama’s Nick Saban explains how “The Process” changed the success of his football team. Nick Saban is arguably the most successful college football coach ever (that is American football). He recently won his 6th national title at the University of Alabama by beating Georgia in overtime with a ferocious 2nd half comeback.
BBG report – The officials want more time to assess the recent slowdown – Said to have no talks on interest rate path after QE The euro quickly fell to a session low of 1.2250 on the headlines but has bounced back to 1.2267.
A new deal would need to be ratified The White House may be forced into a game of brinkmanship to get a new NAFTA deal approved. Politico today reports on some of the problems of getting congressional approval.