Forex Commentaries

Showing Posts 1 - 7 out of 7 found.

The Journey To Profitable Trading: A Checklist

The path to consistently profitable trading can be a long and winding road for many traders. There are many lessons to be learned —both about the markets and one's own personal psyche. Traders who have a passion for the markets and persistence can...

British Pound: Time To Sell Short

The British Pound has reached its highest levels since August of 2009. Clearly, the trend since last July has been higher. On the surface, everything seems hunky dory however, a deeper look reveals a growing disconnect between the market’s current...

Euro Sets Up At The Weekly Mean

The S&P 500 got smacked after breaking out from its recent range, threatening my stance that stocks were at an attractive buy point. The index is now testing chart support and its 50-day simple moving average, so we'll see if that draws fresh demand...

Are Dollar Bulls Gearing For A Breakout?

The US Dollar index bottomed on Monday’s 21-day cycle and then rallied over 1% last week (after the previous week’s big cycle convergence). In doing so it printed an engulfing bullish candlestick on the weekly chart (not shown). DXY has formed a bullish...

Best Way To Trade The Aussie Dollar Now

My favorite currency pair right now is the euro's value to the dollar, which I wrote about last week. A close second is the Aussie dollar versus the greenback. Evidence of a substantial improvement in momentum indicates the recovery off the January low...

        
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