Archive for September, 2010

Will a Second Round of Japanese Intervention be Effective

Back from Vegas last night and on the Business News Network this afternoon talking about whether a second round of Japanese intervention will be as effective as the first. Click on the image to access the video

Forex Trading Strategies : Unisurable Risk

Unisurable Risk
Last week I sat down for drinks with guys from my UK office on a unseasonable warm and sunny afternoon at Canary Wharf and as conversation bounced from one subject to another one of the guys mentioned that he had worked for an insurance brokerage company in prior life. He started to tell [...]

Forex Expo: Headed to Las Vegas!

I am headed to Las Vegas today for the Futures & Forex Trading Expo.
If you are attending, please check out one of my sessions (link to Futures & Forex Expo website).

Five Dynamic Ways to Trade Forex (Open to everyone)
Friday September 24, 20100 11:30 AM - 12:30 PM
Actionable Intraday and Swing Trading Forex Strategies [...]

Compare the FOMC Statements

For my Instant Insight to the Fed announcement, read Dollar Sinks of Fed’s Willingness to Do More

FOMC Statement August 10, 2010
Information received since the Federal Open Market Committee met in June indicates that the pace of recovery in output and employment has slowed in recent months. Household spending is increasing gradually, but remains constrained by [...]

Breakout in SPX to Signal Breakout in Currencies?

The following chart shows an inverse head and shoulders breakout in the S&P. Given that currencies like to trail equities, this suggests that we could see further gains in the EUR/USD and maybe even USD/JPY.

Fed Announcement - Four Possible Scenarios

The biggest event in the forex market this week will be tomorrow’s Federal Reserve monetary policy announcement. On FX360.com, I published an extensive article talking about what the Fed may or may not do (FOMC Preview: The Key Language Changes to Look for)
Here are the possible scenarios for the U.S. dollar:
A) Fed uses [...]

Forex Trading Strategies - Respect The Table of Doom

Respect The Table of Doom
When we do presentations Kathy and I often pull out a chart that I dubbed the Table of Doom to demonstrate a key point of risk control. The Table of Doom is a devastatingly simple mathematical principle which clearly demonstrates that risks and returns in trading are highly asymmetrical.

In trading if [...]

Scalping University Lesson 8 - How To Scalp Fundamentally

CNBC Interview: Battle Against Yen Strength

I was on CNBC last night talking about the Battle Against Yen Strength

Las Vegas Forex Trading Workshop

If you haven’t signed up already - I will be conducting a 4 hour workshop at the Las Vegas Futures & Forex trading expo on September 24. It should be a fun event for those of you that can come!
Click on the image to access the event link