NZDUSD Buyers to Emerge?

NZDUSD Buyers to Emerge?

by | Aug 17, 2017 - 2.47 pm | Forex Blog, Strategy Notes

Our Trend Table outlook for NZDUSD has been bullish since both the spot and the RSI saw ‘golden’ crosses through their moving averages in May. NZDUSD prices rose by almost 5 big figures after that bullish change in investor sentiment with July’s high being the most...
Price is King

Price is King

by | Aug 16, 2017 - 7.13 pm | Core Trading Skills, Forex Blog

I had a belief about a trade. I had a view and a trade idea that was very carefully thought out. I ignored price and I suffered. Many traders obsess over news or their view of the fundamentals. But if you must obsess over one thing, obsess over price....
Weekly Game Plan 14 Aug 17

Weekly Game Plan 14 Aug 17

by | Aug 13, 2017 - 6.28 pm | Forex Blog, Weekly Trading Opportunities

This week starts where last week ended: North Korea. Reports don’t suggest tensions between US and NoKorea have heightened but there doesn’t seem to be any dissipation of tension either. The markets will likely remain watchful ahead of the US/South Korea military exercises from Aug 21 through Aug...
Risk-On vs. Risk-Off

Risk-On vs. Risk-Off

by | Aug 12, 2017 - 10.14 am | Core Trading Skills, Forex Blog

In the past week, we have seen a change in market dynamics. The market has finally started to focus on the rising tensions between the USA and North Korea, and we have been observing a slight Risk-Off dynamic all week long.  In this short article we...