July 2017

Why has this pair, the AUD USD and other AUD pairs like the GBP AUD and EUR AUD keep moving the way they are now doing? There are fundamental reasons WHY they keep moving but for trading purposes it is so excellent just to be able to recognize if there is a trend, what stage […]

I always enjoy hearing about the so-called life of “professional” traders, Wall Street and bank traders. What is this “summer doldrums” people are talking about. Why do they have a big drop in productivity. In my own trading I have enjoyed a nice increase and am now about to top 120% for the last two

For those who have the intention of achieving success and higher potential we often discover it it a process of uncovering mental blocks one after another. You might have thought you were already clear and open minded about new concepts and beliefs but past programming makes it almost impossible to look at new information without

Since several years ago when the CHF was pegged against the EUR I developed a habit of never trading these two against each other. Now they do have movement unlike a few years ago but the habit remains with me. It is good to use the movement of the EUR against the CHF to help

Reading Bitcoin charts as well as other cryptocurrencies like Eutherium has been surprisingly easy if you know how to read charts the way we do every day in our live trading sessions. It is no different than other Forex pairs or commodities. So far every step and every turn has been easily read and easy

I have been saying this for years. Trading attracts a lot of engineering type personalities who expect to get success from their technical knowledge and mathematics skills. Those can help but if a person is totally left brained they will not be able to see the obvious in trading which is a shape that is

This was because of an unmistakable pattern but now the movement was not big enough and I am seeing a correction in a downtrend indicating that likely there will be one more move down. https://www.dailyfx.com/forex/analyst_picks/todays_picks/james_stanley/2017/07/05/long-eurusd-at-market-ahead-of-fomc-nfp-srepstans.html?DFXfeeds=forex:analyst_picks:todays_picks:james_stanley

Not a lot of reaction from the FOMC meeting minutes. But the movement was exactly as we planned in advance. https://www.dailyfx.com/forex/market_alert/2017/07/05/US-Dollar-Ticks-Up-After-Fed-Minutes-Balance-Sheet-Timing-Still-Unclear.html?DFXfeeds=forex:market_alert