Archive for April, 2009
Seasonality in USD/CAD
As you know, I love cases of seasonality. In the month of April, the strongest case of seasonality in forex can be found in USD/CAD. In 7 out of the past 10 years or 70 percent of the time, USD/CAD has fallen in the month of April. Take a look at the eerily [...]
Dont Stop Me Out!
Forex Trading Tips: The 100 Point Man
The 100 Point Man
“You guys suck,” is refrain I hear often.”100 points a month?! I could do that in my sleep. You should be doing 100 points a week at minimum!” Well, I try to point out we the game is a lot more difficult than you think, but the critics do not want to [...]
EUR/USD on Non-Farm Payrolls
In my non-farm payrolls preview yesterday, I talked about how the initial reaction in the EUR/USD post payrolls is fade-able. In each of the last 3 times that payrolls was released, the EUR/USD’s knee jerk reaction was quickly erased as a new trend emerged for the trading day. This is the chart that [...]
New Website for BK Forex Advisor
Boris and I have just launched a new homepage for our forex signal service BKFOREX ADVISOR. Check it out!
Visit our new website to find out all of the Privileges of Becoming a Member of BKForex Advisor:
1. Trading Signals
2. Calendar Calls
3. Live Trading
Great G20 Graphics from WSJ
The Wall Street Journal has some great G20 graphics comparing how much stimulus the countries have announced, the current and projected outlook for GDP, as well as the degree of CPI and debt. Definitely check it out. Click on the image to access the interactive charts:
ECB Meeting: What Did Trichet Say?
ECB President Trichet does it once again. He has under delivered and postponed the inevitable. This morning, the central bank cut interest rates by only 25bp to 1.25 percent instead of the widely expected 50bp cut, sending the Euro through the roof.
Some questions immediately come to mind, which Trichet elegantly answered [...]
ECB Preview: What to Expect
Tomorrow the European Central Bank is expected to take interest rates to a record low of 1.00 percent. The size of their rate cut as well as the possibility of the central bank adopting “unconventional measures” should weigh heavily on the EUR/USD going into the rate decision. With the Eurozone economy deteriorating by [...]
Will Non-Farm Payrolls Fall by More than 700k?
For each of the past 3 months, non-farm payrolls has fallen by more than -650k. In December, payrolls dropped 681k, which at that time was the biggest single month contraction in job growth since 1945. Based upon the ADP employment report, the Challenger layoffs report and weekly jobless claims, traders should brace for [...]
