Prop Firms vs. Going Solo: The Inner Battle of a Trader
Let’s be real, trading is already a wild mind game. There’s a complete rollercoaster of emotions involved – the fun of a winning streak, the gut-punch of a giant loss,…
Financial Trading
Play of the Day: Bullish Turn in U.S. 10-yr Treasury Yield?
Are traders changing their tune on Fed rates of interest and bond yields after this week’s U.S. inflation updates? If that’s the case, could we see the U.S. 10-yr Treasury…
5 Usual Reasons For Losing Forex Trades
It is commonly said that the chances of being consistently profitable and succeeding within the forex market are very slim, as greater than 90% of traders are sure to face…
Play of the Day: GBP/JPY to Extend Its Downtrend After the U.K.’s Jobs Release?
GBP/JPY has been making lower highs and lower lows all month and that is BEFORE we saw the most recent U.K. jobs data! Data printed earlier showed jobless claimants within…
5 Constructing Blocks for a Profitable Trading Strategy
Much has been said about having a trading strategy and sticking to the plan, but what exactly do it’s essential to construct a profitable one? Should you keep a detailed trading journal (and…
Play of the Day Recaps: March 5 – 7, 2024
As usual with the primary week of each month, the FX calendar was full of top tier events, including the monthly U.S. jobs updates, and the markets reacted accordingly. Our…
Global Market Weekly Recap: Mar. 4 – 8, 2024
It was a busy week for market players as traders needed to balance top tier economic updates with several major central bank events. It was the same old cycle of…
3 Suggestions On Setting Up A Forex Trading Station
When starting a recent hobby or endeavor, it’s easy to get suckered into buying things that you think that you wish but eventually find that you just don’t, a minimum…
Chart Art: EUR/JPY’s Make or Break Trend Retracement Levels
EUR/JPY just saw one other dip after speculations of a hawkish shift within the BOJ’s policies boosted the Japanese yen across the board. Keep in mind that directional biases and…
Event Guide: ECB Monetary Policy Statement (March 2024)
It is the European Central Bank’s turn to share its latest policy plans! What are the markets expecting and the way may the euro react to the event? Listed below…