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It was one word that dominated the first half of the last trading week… patience. Would it be taken out of Fed speak and thus indicate a move towards the beginning of the US tightening cycle? The answer came on Wednesday from the lips of chairwoman Yellen who did...
Another excellent piece of analysis by new student Rune. He has been trading with us at forexmentorpro.com for years but recently joined our pro traders course to learn how to plan and trade like a professional, using a global macro/top down approach, here is his...
By Omar Eltoukhy: Back when we were doing Operation Goldrush, I wrote an article that discussed how to aim for take profits and I have decided to share that again here today in case newer members never saw it or people that didn’t follow along back then didn’t see...
Hi, well if ever we needed proof of the stupidity of mankind sometimes then surely this is one of those occasions. The whole financial world this week has been holding its breath to see whether Messrs Yellen and co from the Federal Reserve, drop the phrase "Patient"...
This is an awesome piece of analysis and trade plan created by one of the students from our pro traders course. Member A.S has only been with us for 7 weeks at fotistradingacademy.com and is completely new to trading! See what can be achieved in a very short period of...
Viktor Frankl once famously said that “Between stimulus and response, there is a space. In that space is our power to choose our response. In our response lies our growth and our freedom.” In his extraordinary circumstances as a holocaust survivor, this is a profound...
After last week’s dramatic NFP numbers the rise in the USD was as expected. The index reached an eleven and a half year high. Today it is pulling back partly on weaker than expected retail numbers and partly short covering and profit taking. In the equity markets, the...
When the Forex makes its big moves you don't have to look far to find the news or data behind them. The more important question is why. On Friday last week we saw dramatic moves once again in the major Forex pairs as the USD broke out of its range and headed north....
As dramas continue to unfold we can only look to more choppiness ahead. The market has had some majors events to deal with this week and it is by no means over, with the ECB and non farm payrolls tomorrow. The focus of this update has to be in the antipodes, where...