Thursday September 17th is a historic day as the market reacted in a big way to no change whatsoever to the Fed rate decision. The Fed announced it would be holding it’s benchmark Fed rate…
Posts By Teri Patterson
Time for Forex Funnies
Forex Funnies? No joke. There is nothing funny about Forex. Well I’ll just take a moment to prove that is not true. This week, a Forex USD bull trader walked into a bar. What about…
Understanding Forex Signal Results
Forex Signal results are the number one deciding criteria a trader considers when evaluating Forex services. We can accept some losing trades, but what is the point of paying for signals if you don’t make…
Forex Trading Outlook: August 24-28, 2015
There was a lot of stress at the opening bell this morning as the Dow initially dropped about 1000 points, after already having dropped 530 pips last Friday. While the drop in the stock market…
Surprisingly Volatility Prior to FOMC Release
Usually Wednesday afternoons when the Federal Open Market Committee (FOMC) releases the minutes from their meetings, we expect resulting volatility and brace ourselves for volatility in response to the release. This week, however, we were…
Low Volatility, Range Trading, Slow Market
As usual, the market slows down in August and we have yet another week with low volatility in the Forex. Read FXCM’s suggestion on how to handle the low volatility and more info about the…
Do Not Give Up On Forex
Forex Crisis. We had the SNB bank decision crisis resulting in the CHF pairs crisis. We had the financial effects of the crisis in Ukraine. Then the crisis in Greece, causing crisis with the EUR.…
Forex Trading Outlook: August 10-14, 2015
This week’s Forex Trading Outlook This should be a VERY interesting week ahead as the markets come to terms with the dollar-favorable NFP jobs report last Friday, and the conflicting hint from Atlanta Fed president…
Will you ride the NFP wave?
Trading a major announcement like the monthly Non-Farm Jobs Report (NFP) is like sitting on a surfboard at the base of a 30 foot wave. Experienced surfers crave huge swells like this and stand up…
Forex Trading is 80/20
From one Forex trader to another, we know that Forex trading can be very exciting and at times very profitable, but in most cases traders lose money. Why? Mark Douglas, author and trading psycho-analyst explains; “Successful trading is 80%…