How to Set Up Effective Trading Goals
Trading Goals – Main Talking Points: Why set trading goals? What your trading goals shouldn’t be The effectiveness of process-oriented goals Goal tracking and measuring your progress Trading goals: A…
Oil taking it on the chin as new COVID-19 variant throws a massive wrench into the works
US president Biden may get his wish of lower oil prices but it isn’t exactly how one might expect it to come about in trading this week. The SPR release…
Improve Your Trading Bias
– Reviewed by James Stanley, Nov. 24, 2021 Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. This…
Opinion: Is investing in foreign stocks a good idea?
How many years of underperformance must you endure before you’re justified in giving up on international stocks? Many of you are wondering since, contrary to endless recommendations from retirement financial…
The Psychology of Speculation in the Forex Market
Forex speculation is the name of the game in trading. Every trader, at some point or another, has to click ‘buy’ or ‘sell’ and commit to a position based on…
What Trading Style Best Suits Your Personality?
Trading style often correlates with the personality of the trader. It is important to reflect internally on personality and lifestyle before choosing a trading strategy and creating a trading plan. This is because using a trading…
EUR/USD Bounces But Further Losses Lie Ahead
Fundamental Euro Forecast: Bearish The coalition agreement announced by the incoming German Government this week suggested a broadly looser fiscal policy, and that might have been expected to prompt talk…
The New York Session: Forex Trading Tips
– Reviewed by James Stanley, Nov. 24, 2021 The New York forex session is one of the most liquid forex trading sessions. When the US session overlaps with the London…
ECB accounts: Increase in inflation an opportunity to re-anchor inflation expectations
In the accounts of the ECB’s October 27-28 meeting, it’s noted, “since the monetary policy space was constrained by the effective lower bound on interest rates, the increase in the…
US Dollar Index Price Stays Pressured Below 97.00 After Thanksgiving
Following recent peaks, DXY is under mild pressure. US markets resume trading after the Thanksgiving holiday. On Friday, no US data releases are scheduled. The US dollar index price remains…