Gambling Vs. Speculative Gambling is the act of betting on something with the goal of winning a monetary gain. Gamblers depend heavily on chance, or “luck” as they call it; rolling the right dice, betting…
Posts By Teri Patterson
US Dollar Bulls Trading Strong
US Dollar Bulls Still Strong The Greenback traded higher on Monday as the US Dollar Index came close to retesting the 14 year high of 103.56 on December 15th. This is as expected after the…
Greenback Drops Ahead Of FOMC
Why Did The Greenback Drop Today? The Greenback dropped across the board against the USD majors as the market spooks ahead of the much-anticipated Fed meeting upcoming on Wednesday. Although since September, and especially since…
Forex Trading – December Seasonality
Over the years the Forex market has picked up specific patterns specific to each month of trading, as if each month of the year has a sort of Forex personality. For example, previously we wrote…
USD Index Lowest Level In 11 Days
USD Index The USD Index, used to measure the overall strength of the Greenback against a basket of other currencies, paused its post-election rally and reached its lowest level in 11 days after skyrocketing over…
Euro Fights Back, Yen Hits 6 Month Low and Dollar Still King
EURUSD – 10 Day Decline The big question as the market reopened on Sunday night is – “can this continue?” Surely by now the Euro must be oversold. Every technical indicator is telling us that…
After The Election Storm – What’s Next For Forex?
The Forex Week Ahead After much turbulence in world financial markets this past week, we look ahead to the first full week of Forex trading with the US Presidential elections in the rear-view mirror. Commodity…
NFP Outcome and Election Rumors
NFP Outcome Although the outcome was worse than expected, the Greenback initially strengthened as the Non-Farm Payrolls reported showed an increase of 161,000 jobs for October, suggesting an increased possibility for a Fed interest-rate hike…
Greenback Volatility On The Radar
Greenback Edges Lower Today the Greenback skirted lower against the other major currencies as we edge toward the final days of a combative U.S. presidential campaign. Forex traders and investors also weigh in on the…
Traits Of Successful Traders: Patience
Perhaps the single most difficult personality trait to learn as a trader and investor is patience; the patience to wait for the right time to enter a trade, the patience to hold a trade, and…
