Author: Trading University

In a conversation with a fellow trader I was asked, “Don’t you worry about being wrong when you’re pointing out trades in front of a room full of people?” Nobody likes to be wrong, especially in...

Even on the lighter volume of the U.S. afternoon session USDJPY failed to bounce off the historic 80.00 level, which likely points to still lower prices to come.  Given the size of the rally in the Japanese currency over...

There are definitely times in trading where you need to know not to trade. Generally those times are when the majors are showing conflicting trends, such as today where the daily trend was up for EURUSD yet down for AUDUSD, and...

It’s a fascinating game playing out in USDJPY now, with the big question: at what point will speculators get margined out of their long positions? What price point would it take on the downside to tip 50.001% of...

The Euro continued last Friday’s recovery rally by challenging the 140 level, putting itself into a position to re-test the 2010 highs at 142.80. A strong yen lent stability to the majors as the Bank of Japan’s...

Once you have chosen the market to trade, done your analysis, and are in the trade, you can feel free to relax, even walk away… once you’ve placed your stop. The only time you should need to be “on the...

That government’s have contingency plans to stabilize their financial markets under any circumstances should come as no surprise. What was a surprise, in the case of last Friday’s terrible earthquake, was the speed...

Trading University in Chicago to give $3,499 Scholarships March 12, 2011 Online Education news in Chicago,Illinois, United States of America 212 Three Scholorships will be given out in March, April & May timed to the...

When I went to bed last night I happened to have been long USDJPY from 82.90. If someone would have asked me then what I thought would have been the effect on the yen if a 8.9 earthquake hit Japan while I slept, I would have...

To attend a live, interactive webinar today at NOON CDT, 6 PM GMT, with Mastering the Currency Market author Jay Norris go to: Market Direction Determined DISCLAIMER: Forex (off-exchange foreign currency...