Forex Theory Into Practice

Forex Theory Into Practice

Its been a slow week with thin volumes. Post NFP has brought confusion as to the timing of rate hikes and FOMC minutes showed divided opinions which included a few hawks that left the index up on the day. There is no doubt that the market has changed environment and...
The Forex Chameleon

The Forex Chameleon

Successful pro forex traders and fund managers have characteristics that set them apart from the crowd. After all they represent the 5% that make it a full time lucrative income so it is worth investigating why. Here we will focus on just one ability, that they share...
The Right Mind For Extra-Forex Affairs

The Right Mind For Extra-Forex Affairs

Hi Traders!! Omar Eltoukhy here. I hope you have enjoyed the gold, oil, ftse and other non forex pre-market outlooks I have provided recently. I have tried to give you an exact glimpse of how we prepare to do battle every single day during the week. There are going to...
Introducing Theory Into Practice

Introducing Theory Into Practice

As some of you know, I have teamed up with Robbie Stephenson to bring together fundamental and technical skills to make trading decisions. Today we would like to share our approach by discussing the pairs we are currently trading, the ones we are monitoring and why...
Introducing Theory Into Practice

Understanding The Forex Environment

When big moves occur it is easy for the human psyche (aka the trader’s achilles heel!) to think trends are off and running or reversing to the opposite direction and jump on the hay wagon. Its a common error among beginner traders and controlling emotions is probably...
Introducing Theory Into Practice

Patience and The FOMC Spikes!

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...