Looking at the Economic Calendar for March 9-11, 2016 shows 11 high impact events which may cause Forex volatility in the days ahead. No doubt, staying abreast of these high impact economic releases keeps you…
Posts By Teri Patterson
7 Year Low On The Cable – Will The Short Trend Continue?
Today, the Cable sank below $1.39 for the first time since March 2009. As the world worries about the financial health of Britain, Prime Minister David Cameron announced June 23rd as the date the U.K. votes…
CURRENCY PROFILE: What you need to know when trading the Cable (GBP)
Now that you have learned the essentials of trading the USD and trading the CAD, it is time to focus on the Great British Pound (GBP) Forex traders love to trade the GBP because of its…
What To Expect Ahead Of February 2016 NFP
This week has been choppy to say the least as stocks swung various directions attempting to rally, commodities advanced as the USD dropped and we watched as crude once again dropped below $32 a barrel.…
CURRENCY PROFILE: Learn The Essentials of Trading the Loonie (CAD)
Seasoned Forex traders know the traits and characteristics of each major Forex currency as well as they know their friends. For example, if you know that your friend is deathly allergic to peanuts, you would…
FOREX TRADING OUTLOOK: Oil Paves The Way
How does the recent decline in oil affect the Forex market? Also, don’t be caught unaware of this weeks major market events with the upcoming FOMC and BOJ. And what can you do in a choppy, sideways…
Oil Plunges, Chaos In the Markets
Markets resumed their risk-averse trading today and oil spiraled to a new lows, The DJIA plummeted over 500 points during the USA session. Under these conditions, the gold and yen have been the most favorable. The dollar also suffered…
CURRENCY PROFILE: Help for Trading the United States Dollar (USD)
You may have been trading the Forex currency market for years, but do you really understand the general economic characteristics of the currency you are trading? This series takes a snapshot of each of…
Western Traders, Don’t Forget About China
For most western traders, we think of December as being the holiday season, and that markets will resurface with more activity come January. And that is very true and valid because this time of year has…
Fed Rate Hike – Expectations
Since the recent NFP release in November, most economists are convinced tomorrow’s FOMC minutes release will reveal the first rate hike in the Fed benchmark interest rate in almost 10 years. No doubt economic conditions today are compatibly…