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Here is a copy of the detailed forex analysis I posted for members of my forexmentorpro.com group on Sunday the 12th April I have a possible 1600 pip move brewing on one pair and plenty of other potential trades setting up, even though things have become more tricky...
Its been a slow week with thin volumes. Post NFP has brought confusion as to the timing of rate hikes and FOMC minutes showed divided opinions which included a few hawks that left the index up on the day. There is no doubt that the market has changed environment and...
Successful pro forex traders and fund managers have characteristics that set them apart from the crowd. After all they represent the 5% that make it a full time lucrative income so it is worth investigating why. Here we will focus on just one ability, that they share...
Hi Traders!! Omar Eltoukhy here. I hope you have enjoyed the gold, oil, ftse and other non forex pre-market outlooks I have provided recently. I have tried to give you an exact glimpse of how we prepare to do battle every single day during the week. There are going to...
As some of you know, I have teamed up with Robbie Stephenson to bring together fundamental and technical skills to make trading decisions. Today we would like to share our approach by discussing the pairs we are currently trading, the ones we are monitoring and why...
When big moves occur it is easy for the human psyche (aka the trader’s achilles heel!) to think trends are off and running or reversing to the opposite direction and jump on the hay wagon. Its a common error among beginner traders and controlling emotions is probably...
It was one word that dominated the first half of the last trading week… patience. Would it be taken out of Fed speak and thus indicate a move towards the beginning of the US tightening cycle? The answer came on Wednesday from the lips of chairwoman Yellen who did...
Another excellent piece of analysis by new student Rune. He has been trading with us at forexmentorpro.com for years but recently joined our pro traders course to learn how to plan and trade like a professional, using a global macro/top down approach, here is his...