Archive for Uncategorized

Take Your Lumps

One of the maddening things about trading is that it resists any and all attempts to turn it into a regular business activity. For most of us our greatest desire as traders is to achieve steady, positive returns that compound on a daily basis. But trading is not and will never be a job [...]

For EUR Traders - Timing of Greek Vote

With less than 24 hours to go before members of the Greek Parliament vote on the Austerity Package, sealing the fate of Greece in the process, the euro is holding steady against the U.S. dollar. The next 48 hours could determine the overall sentiment in the global financial markets for weeks and possibly even [...]

Forex Trading Strategies - The Ten Percent Solution

All Setups are Worthless If You Don’t Practice Proper Risk Control

That was my message at the New York Expo this past Tuesday as Kathy and I presented to a very enthusiastic group of FX traders who had come from all corners of the world. We produced chart after chart of various trade setups [...]

Forex Trading Strategy - Trade Like Warren Buffett

Rule #1 of Investing

DON’T LOSE MONEY

Rule #2 of Investing

SEE RULE #1

Warren Buffett

Warren Buffett will be forever known as one of the greatest investing geniuses of all time. Most traders and investors are in sheer awe of his accomplishments and do not even try to emulate his approach to the markets on the assumption that [...]

CNBC Interview: Battle Against Yen Strength

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

Currency Pair Checklist - Here it is!

I have received a number of requests for my Currency Checklist excel spreadsheet which I fill out every morning before I trade (admittedly some of them are linked to real time feeds and are automatically filled out) but here it is!
This is the same Currency Pair Checklist shown in Chapter 8 of Day [...]

Fox Interview: Outlook for US Dollar

I was on Fox Business earlier today talking about my outlook for the US Dollar:
Watch the latest video at video.foxbusiness.com

Forex Trading Strategies: Early or Wrong?

Early or Wrong?

I have a friend who is brilliant stock picker, but she specializes in out of consensus calls. She was in Coinstar last year before anyone even knew the name, short the Amazon earnings and long a bunch of internet gaming stocks just as states and municipalities started to consider online gambling as a [...]

BNN Interview: Outlook on Yen, Euro and Yuan

I was on the business new network this afternoon talking about outlook on Yen, Euro and Yuan. Click on the image to access the video

BNN Interview: Outlook on Yen, Euro and Yuan

I was on the business new network this afternoon talking about outlook on Yen, Euro and Yuan. Click on the image to access the video