Seriously, I was disappointed with EURUSD movement last week. After bullish expansion 2 weeks ago, EURUSD has been going sideway. It is usual to assume continuation of trend, but before trend continuation, there is a need to build up enough momentum. This is what EURUSD
My Tflow® Trade Plan Having a trade plan is important. It does not need to be very complicated. I used this plan for a recent CADJPY trade I did. Follow the flow with Tflow® boxes Identify to Buy Low or to Sell High? Find entry
Hu Li Yang: Stock market is economic-engine; Singapore stock market to boom. Video transcript from Shares Investment Conference in 2012.
During the last Best Practice class, I guided the students through an analysis of CADJPY. The outcome of the analysis is that we were looking for an opportunity to BUY, why? Based on the H4 boxes, it is an uptrend Price was supported by previous
I posted 2 tweets on EURNZD last week. First trade was a winner with a profit ranging 55-175 pips (depending whether you keep winners or rid winners too fast). There was an unfortunate even though. Due the movement, EURNZD spread spike during FOMC day which
Where will currency pairs AUDUSD, EURUSD, gold, silver and Hong Kong Dollar go if there is no ‘Taper’ for QE. No mention at all in FOMC. We make some observations.
Two things I always bear in mind when I choose a trade 1. Don’t choose a constipated trade 2. Don’t choose a counter trend trade What factors to look out for then? 1. To prevent constipated trade, trade after there is a lengthy consolidation 2.