In statistical calculations, you should not trust any sample size under 30. There is way too much randomness with small samples.
No, for intraday traders, these routine reports very often have a significant impact in FX. I often see it in real time. Sometimes market...
Sometimes they matter a lot, especially if you get a bigger or smaller then expected change. Here's my preferred economic calendar (I like how it...
In 2018, the IEA's world energy outlook report forecast that if prices did not rise enough to finance more spending on exploration and drilling...
The EV/Electric Vehicle projects (including China's EV project). EV's use a lot of copper--and nickel, cobalt, and lithium. It's lighting a fire...
We had fractional reserve banking even before we had a Fed, so FR banking does not automatically equate to "Fed managed." Also, the constantly...
Sometimes I trade a multiple day (or longer) trend, but I find it is much safer to enter those with about tenth of what I would use in an...
Sometimes I go long when RSI is overbought, and sometimes I fade it. I have a filter (don't ask) that I use to determine how to interpret the...
USD/CHF is too choppy for my taste. USD/JPY isn't bad, but bid and ask quotes often seem to be more sluggish than with EUR/USD and GDP/USD. It is...
Any pair trades well (about as well as it is going to trade) during the London session. London is the "king" of the currency trading markets. NYC...
Analysts think NZD is likely to lose some ground since it has run up more strongly than the AUD or CAD, currencies that tend to perform similarly....
You guys need to specify which time zones you are talking about, or else use GMT.
It is fairly likely, or at least very possible, that I traded this pair during 2020 when I was experimenting with different things in the FX...
Well, sure there is usually a positive correlation between these 2 pairs that each include the euro because the euro is correlated perfectly with...
There are several pairs that I am willing to trade intraday, but I only focus on one of them at a time. I find, at least for me, it is too easy...
Yes, a big plus for intraday. The wider spreads are okay for longer holding periods, but for intraday trades for a few pips, those tight spreads...
That's the theory, but, in my experience, I do just as well during the London session even before NYC opens.
I went long the EURUSD not long after the London open this morning (8 Feb). My target was 11 pips. The price just meandered sideways for hours....
Chart package isn't critical. I think all the popular ones are good enough. I'm with TDA so I use their charting software just because it's...
Unemployment is a lagging indicator--more effect than cause. Typically, when economies are recovering from a recession, unemployment continues to...
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