Understanding The Forex Environment

Understanding The Forex Environment

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...
If You Want To Be A Forex PRO

If You Want To Be A Forex PRO

Viktor Frankl once famously said that “Between stimulus and response, there is a space. In that space is our power to choose our response. In our response lies our growth and our freedom.” In his extraordinary circumstances as a holocaust survivor, this is a profound...
If You Want To Be A Forex PRO

Thursday Forex Fundamental Update

After last week’s dramatic NFP numbers the rise in the USD was as expected. The index reached an eleven and a half year high. Today it is pulling back partly on weaker than expected retail numbers and partly short covering and profit taking. In the equity markets, the...
If You Want To Be A Forex PRO

What Drives The Forex Market?

When the Forex makes its big moves you don’t have to look far to find the news or data behind them. The more important question is why. On Friday last week we saw dramatic moves once again in the major Forex pairs as the USD broke out of its range and headed...