Forex Tips and Tricks –  Keeping It
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I’m avoiding the GBPUSD due to volatility with the ever changing Brexit deadlines and rumours. Even if an agreement between the U.K. and E.U is confirmed, it will just take one European nation to veto it.   The EURUSD and USDCAD are my favourite pairs this...

The last month of the trading year is here. We believe we know who won the U.S. election but still await President-elect Biden’s certification.   What we don’t know for sure is when Brexit will be resolved (hopefully by year end) and how the new President of...

The USD has softened this week as it moves to test its September 1st low. The market has been focused on an improving global outlook for next year. Overall the market remains “risk on” in sentiment and the EURUSD closed above 1.1900 on the U.S. Thanksgiving...

Last week was the slowest and most boring trading that I have seen in a long time. It appeared that a lot of institutional money remained on the sidelines awaiting confirmation of direction. The USDJPY was my favourite pair to trade last week but it’s moves were...

Traders are struggling with USD strength and weakness. The equity markets are rising one day over optimism for a Covid 19 vaccine then falling the next over concerns about the rising number of new infections, closures, new restrictions and the potential impact on...

As mentioned last week, I expect President Trump to go down fighting with about 10 weeks left in his term.   The news of a coronavirus vaccine this week from 3 different companies is giving traders optimism that our economies will move back toward recovery. As...

It’s been a busy week with the U.S. election result foremost on most traders’ minds. We will have to wait awhile longer before we know the outcome.   The markets are active again but the setups are not ideal to my eyes. Today in the “risk on” environment and...

Today’s trading turned out to be more subdued than I had expected. Today is month end and the Friday before the U.S. election. The USD had a good week while U.S. equities dropped.   A EURUSD short was taken today as priced failed to stay above its Asian...

It’s been an interesting and active week for the financial markets as we get closer to the U.S. election.   I haven’t been comfortable taking any trades this week until today. Patience is often rewarded in trading and impulsive and undisciplined trading is...