When I was at the FX expo in Las Vegas last week, I found myself in the refreshing position of being in audience rather than the stage as my friend Todd Gordon hosted a panel on the joys and tribulations of FX trading. So instead of pontificating, I listed for change and walked away with some great insights into the game.
“How do I a make money in the currency market?” is something that I hear all the time whenever I meet retail traders just starting to explore FX. The truth of the matter is that there is no good answer to that question.
This week Kathy and I hosted a series of webinars for some of the best know traders in the FX business. Although I was the MC for the event I actually enjoyed being a member of the audience as each speaker made his presentation.
The other day in our BK signal service I faced the choice of three possible trades. I didn’t take any of them which in the end proved to be the right decision.
After a six month sabbatical, I must say that I am truly excited to be back to writing articles for the weekly Lesson From the Pros offering.
After writing my last Lessons From the Pros article two weeks ago, Keep Your Trading Simple - Part 1, I have had a number of emails sent to me asking me to detail my three new Golden Trading Rules that I briefly spoke of.
One of the most popular videos I’ve ever recorded for Youtube is called how to Scalp for 10 pips a day. My friend Rob Booker has an e-book on Amazon called Strategy 10 which is one of the all time best selling FX titles ever published that addresses some of the same issues.
One of my guilty pleasures this summer is to watch Royal Pains - a TV show set in the Hamptons about a “concierge” doctor to the rich that is really more about the beauty of the place than the drama of medicine.
Those of you who follow me on twitter every day know that I am big proponent of trading flow - that is trading in the direction of the immediate trend which has proven to be profitable strategy in the FX market, especially over the past several months.
Hello traders! After being an instructor with Online Trading Academy for going on five years now (wow, has it been that long already?!?), there has been a type of question that comes up in every single class. "Why did this currency pair move opposite of what the fundamentals would imply?"
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