Archive for April, 2010

Forex Trading Tips: How NOT To Learn From Your Mistakes

How NOT To Learn From Your Mistakes
“Good Morning Boris, that’s fine we cannot win every trade,” started an email from a sub that I received this week.

“There are two points I would like to mention and will only follow if you agree:

1. I set an alarm and wake up at 4:25am when the trade [...]

Forex Trading Strategy: Refining Your Edge

CNBC Interview: Outlook for Australian Dollar and Euro

I was on CNBC Squawk Box Australia last night talking about the outlook for the Australian dollar and euro:

Outlook for Canadian Dollar - Life Beyond Parity

I was on the Business News Network this afternoon talking about the outlook for the Canadian dollar and whether the loonie will experience a sustained break below parity. Readers of my blog will know that I have been anticipating this move for some time! Click on the image to access the video interview. [...]

Forex Trading Strategy: Scalping the BK Way

Dollar’s Reaction to Payrolls Should Last

The dollar surged after the non-farm payrolls report because job growth excluding census workers was very strong.
With the absence of U.S. equity traders, we did not see the risk rally that tends to occur near the U.S. equity market open. Based upon how the dollar traded after the NFP report in April 2007, [...]

Forex Trading Tips: The Paradox of Negative Edge

The Paradox of Negative Edge
The latest book I am reading, Fortunes Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by William Poundstone is a fascinating account of how some of the smartest scientific minds in America along with some of the most unsavory characters in organized crime [...]

SNB Intervenes in the Swiss Franc!

Last week we raised the question of what the Swiss National Bank is waiting for and why they haven’t intervened. In that article we said “Everyone has an uncle point and for the SNB there is no question that we are nearing that level…” At that time, EUR/CHF was trading at 1.4272 and [...]

My Favorite Trade Update: CAD Closing in on Parity

Sorry I haven’t blogged as much in recent days but I have been swamped with gearing up for my trip to Singapore later this month - I will be speaking at the ATIC expo, so come by if you are around.
First an update of My Favorite Trades. In mid March, I moved on [...]

How Will Payrolls Be Affected by Good Friday?

Yhe first question that comes to mind is how the Good Friday holiday could affect volatility in the currency market. Holidays usually mean less liquidity and less volatility but when there is a piece of economic data scheduled for release as important as non-farm payrolls, less liquidity could mean greater volatility. The last [...]