Archive for forex signals

Forex Trading Tips: The Risk of Uncertainty

The Risk of Uncertainty
“It has long been argued that investment returns were a reward for taking risks, “ writes Justin Fox in his new book The Myth of A Rational Market Justin Fox which deals with the history of the efficient market theory and the birth of the quantitative finance movement.

“The risk [...]

Forex Trading Tips: Context is Everything

Context is Everything
For a guy who wrote a book on technical analysis, I happen to be one of its biggest skeptics. In fact one of my favorite chapters in my own book is called Pattern and Anti Patterns in which I meticulously destroy most of the scared myths about double tops, triangles and [...]

Forex Trading Tips: Luck, Gambling and Trading

Luck, Gambling and Trading
This week we were extraordinarily lucky. On Tuesday we went long EUR/GBP on the assumption that Euro data would be better that forecast and UK data would be worse only to see the results contradict us on both sides of the cross. So there I was sitting dejected in [...]

Forex Trading Tips: A Game of Inches

A Game of Inches
It’s been more than 15 years that I last took the number 7 train to the US Tennis Open in Queens, New York, but this past Wednesday K and I played hooky from work (courtesy of our very nice boss) and had chance to see some world class tennis from [...]

Forex Trading Tips: Reading List For Traders

Reading List For Traders
As we head into the final long summer week-end in US, I wanted to take a vacation from my usual trading commentary and answer the question I get asked all the time – what do you read on a daily basis?

Following is a summary of some key financial websites that I visit [...]

Forex Trading Tips: Automatic Risk Control

Automatic Risk Control
The one inviolable rule of trading is that you can either have a system that is high probability and low profit or a system that is low probability and high profit, but you can never have both. That doesn’t stop novice traders from searching endlessly for the setup that risks a dollar [...]

Forex Trading Tips: In Defense Of The Machines

In Defense Of The Machines
One of the more popular clips of me on Youtube is called “Trading is not Logical”. It was done during the meltdown of 2007 when many
algorithmic driven funds sustained massive losses on their strategies. I was being interviewed by CNBC Europe and very emphatically stated that we were “huge adversaries of [...]

Forex Trading Tips: Point Break

Point Break
Back when he was young and lithe and strong as a White Bengal tiger Patrick Swayze made one of the best thrillers of the early 1990’s called Point Break. The film made a female director, Kathryn Bigelow, is considered to be one of the most adrenaline fueled action adventure screenplays put on celluloid. [...]

Forex Trading Tips: Sucker Bet

Sucker Bet
I’ve been to Vegas more at least ten times and during all those visits I’ve gambled just once. A few years ago I walked into Barnaby Coast casino placed a dollar bet on a slot machine, made 110 cents and promptly cashed in the ticket happy to pocket a healthy 10% return. My reluctance [...]

Forex Trading Tips: 3 Sins of Trading

3 Sins of Trading
It is an often repeated maxim amongst financial cognoscenti that Americans devote more time to arranging their summer vacations than they do planning for their life in retirement. I am certain that’s true, just as it is true that many traders spend more time checking the ripeness of the fruit at [...]