So were you one of the traders that made out well or did you get caught. Are you still selling into EUR/USD strength?
Mistake.
Look if you are struggling to make money just follow my blogs. Really. What is stopping you. They are free and it is some…
Ok this is the big day for most traders this week. Except it is really not a big day since most of the trading desks around the world fully expect the FED to raise rates.
In light of that what should you expect?
In short, the answer is NOTHING. Th…
We can see by the chart that crude should form another nice weekly candle to the downside. There doesn't seem to be any let up yet to the powerful move to the downside. This is in part fueled by the record longs in the crowded trade. There simp…
I want you to take a look at some of the most heavily traded instruments in the market. Both Oil and the EUR/USD are the two likely most heavily traded financial instruments on almost any time frame. So why is it that most people lose money.
It…
Well as expected the NFP numbers came in good. I expected there to be a deviation to the downside in some area that would cause the market to ramp the other way of what the main stream thought. That was of course wages today. At least that is what …
In trading you can chase price all over the place or you can WAIT!
I have been saying that in Oil it is likely to tank. Very likely. You can find it on my oil blog as a reference point. The 54-55 area has been solid for the past few months rejectin…
I enjoy posting and I enjoy helping traders to become better traders. Trading is difficult and it gets more difficult all the time with AI, algorithms and high frequency strategies. You don't know it but your brain can still outperform them all…
