something interesting

<  BACK TO Educate

Conspiracies Among Us

Having been on all sides of this industry, and talked to way too many industry players over the years, while trying to educate the average trader on just how much misinformation they are hit with on a daily basis, I feel like I need to decompress a bit. Fortunately for me we needed some ‘Original Content’ to fill in the gaps on our new web site, so here goes…

The knife cuts both ways here, as not only do industry ‘talking heads’ like to throw around misinformation like used car salesman, but so do other traders via forums, blogs, and social media. Sometimes its funny, sometimes it’s scary, but the majority of time it’s just down right frustrating. I am going to try and tackle just two of these mistruths in this article, if for nothing else then some self-righteous therapy.

Keep in mind I am not speaking about trading advice here, we are in the business of speculation, and while some advice can be downright criminal, even a broken clock is right twice a day. No, what I am talking about are, what I like to call, the forex myths; a set of commonly believed untruths that nearly every single retail trader hears during their quest to actually make money in this market (quite the novel idea, I know).

I have to start off with my favorite, the one I deal with day in and day out, and the one that nearly all newbies cling to like flies on sh*t…

The Get Rick Quick Myth

So, this huge decentralized liquid market, that essentially powers global trade, and that has minted more bankruptcies then the dot com bubble minted millionaires, can be beat by some jackass with a 99 dollar ‘algorithm’, copied from some open source system that was released online 10 years ago, obviously because it ‘worked sooooo well’ for him in the first place?

Look, some very intelligent people have made some very intelligent trading algorithms that do in fact make money. Just like some very intelligent people have gone to college, graduated, gotten their doctorates, and went on to solve insolvable mathematical equations that have bewildered geniuses for centuries. It continues to amaze me that while no one would try their hand at brain surgery after reading a forum post on the top 10 ways to perform a lobotomy people have no problem betting away their life savings without even knowing what a pip is.

Forex, and the business of trading, has a steep learning curve. It should be treated as any other high level profession. And while you may not go to Harvard to study FX trading, you will pay your dues one way or another.

“I just don’t get it, I made a killing on my demo account. I mean if this darn broker would just give me 100 million in top of book liquidity at 0 spread with 0 latency I would make a killing.”

Um… yeah.

The way to make money in forex is not by buying the newest ‘proven’ money making system, strategy, or ‘insider’ webinar, its through consistency. A good trader can throw a dart at a board and go long or short depending on where it sticks and still be profitable. Why? Risk management. It’s all about discipline.

If there was such an established way to get rich quickly no one would be poor, there would just be ‘less rich’ folks walking around.

… which leads me to my next myth;

The Market is Out to Get Me Myth

This one has a special place in my heart, as it pops in my head every time I see a trade 0.01 pips away from a set take profit level… and it reverses. No matter how much I tell myself no one is on the other side of that trade, paying extra special intention to my specific position, laughing as they move the market the other way, toying with me just for kicks, I still can’t help but almost believe I’m wrong.

In realty, the market is out to get everyone, however it isn’t signaling you out, so you know, don’t take it personal, “it’s just business”.

The Forex Market, like any market, is built on two core principals; supply and demand. Without those two fundamental forces there wouldn’t be a market. The ebb and flow we call volatility is the constant fight between the givers and takers in the market who are both offering supply and buying up demand. The large players in the market, the industry term here is ‘banks’ in case your wondering, are either on the buy side or the sell side. This is why, contrary to popular belief, they don’t automatically make money when you loose and automatically loose money when you win. In fact, a well run market maker should make money regardless as they are in the business of ‘making a market’, and whether high or low or buy or sell, there is always a market to be made.

This isn’t to say that those banks don’t use their position in the market to their advantage, you bet they do, whether it’s by pulling liquidity to avoid risk, widening spread around news or high volatility to make it harder for participants to close a trade in profit, all these things happen on a raw feed… but, to play devil’s advocate here; traders have their own tricks to try and best the market, and sometimes they work, until they don’t. The market is a battle fought between market participants as they try and predict where the supply and demand pockets will push the prevailing prices. When you go up against goliath you better bring your ‘A’ game, because he isn’t going to make it easy to beat him.

The real truth behind those market pauses and reversals is that you only notice them when they cause you to miss an exit, an entry, or trigger a stop as you watch your now booked loss turn and reverse back into profitability. The fact is these knee jerk movements between price levels are simply our friends supply and demand at work. The distinct capital flows into areas of resistance (supply) and those distinct bounces off of areas of support (demand). Rather than understanding the mechanics of something it’s human nature to take the easy way out… invent a poorly structured conspiracy and blame the other guy.

Before I get some nasty emails about how ‘Bob’s Binary Bonanza’ manipulated pricing and stole some poor guys deposit… look, like in any industry, and in any legitimate market, there are dishonest players, who’s sole purpose is to find any possible way to move their client’s money into their own pocket. However, saying that this is the ‘Market’ itself is not giving the market and the honest players in that market their due. If some guy sells you a knock off Rolex outside of their flagship store in Geneva you can’t blame Rolex for that one… Due diligence is key here, not just regarding the system you wish to trade but where you are going to trade it.

Okay, before I get rolled into an all out promotional piece here I am going to call it a day. In the coming months we will be adding to our Forex Myths video series, and I hope you take a moment to have a look and watch some cartoon pigs dancing around on your office workstation while your co-workers gossip about what exactly is wrong with you.

Having been on all sides of this industry, and talked to way too many industry players over the years, while trying to educate the average trader on just how much misinformation they are hit with on a daily basis, I feel like I need to decompress a bit. Fortunately for me we needed some ‘Original Content’ to fill in the gaps on our new web site, so here goes…

The knife cuts both ways here, as not only do industry ‘talking heads’ like to throw around misinformation like used car salesman, but so do other traders via forums, blogs, and social media. Sometimes its funny, sometimes it’s scary, but the majority of time it’s just down right frustrating. I am going to try and tackle just two of these mistruths in this article, if for nothing else then some self-righteous therapy.

Keep in mind I am not speaking about trading advice here, we are in the business of speculation, and while some advice can be downright criminal, even a broken clock is right twice a day. No, what I am talking about are, what I like to call, the forex myths; a set of commonly believed untruths that nearly every single retail trader hears during their quest to actually make money in this market (quite the novel idea, I know).

I have to start off with my favorite, the one I deal with day in and day out, and the one that nearly all newbies cling to like flies on sh*t…

The Get Rick Quick Myth

So, this huge decentralized liquid market, that essentially powers global trade, and that has minted more bankruptcies then the dot com bubble minted millionaires, can be beat by some jackass with a 99 dollar ‘algorithm’, copied from some open source system that was released online 10 years ago, obviously because it ‘worked sooooo well’ for him in the first place?

Look, some very intelligent people have made some very intelligent trading algorithms that do in fact make money. Just like some very intelligent people have gone to college, graduated, gotten their doctorates, and went on to solve insolvable mathematical equations that have bewildered geniuses for centuries. It continues to amaze me that while no one would try their hand at brain surgery after reading a forum post on the top 10 ways to perform a lobotomy people have no problem betting away their life savings without even knowing what a pip is.

Forex, and the business of trading, has a steep learning curve. It should be treated as any other high level profession. And while you may not go to Harvard to study FX trading, you will pay your dues one way or another.

“I just don’t get it, I made a killing on my demo account. I mean if this darn broker would just give me 100 million in top of book liquidity at 0 spread with 0 latency I would make a killing.”

Um… yeah.

The way to make money in forex is not by buying the newest ‘proven’ money making system, strategy, or ‘insider’ webinar, its through consistency. A good trader can throw a dart at a board and go long or short depending on where it sticks and still be profitable. Why? Risk management. It’s all about discipline.

If there was such an established way to get rich quickly no one would be poor, there would just be ‘less rich’ folks walking around.

… which leads me to my next myth;

The Market is Out to Get Me Myth

This one has a special place in my heart, as it pops in my head every time I see a trade 0.01 pips away from a set take profit level… and it reverses. No matter how much I tell myself no one is on the other side of that trade, paying extra special intention to my specific position, laughing as they move the market the other way, toying with me just for kicks, I still can’t help but almost believe I’m wrong.

In realty, the market is out to get everyone, however it isn’t signaling you out, so you know, don’t take it personal, “it’s just business”.

The Forex Market, like any market, is built on two core principals; supply and demand. Without those two fundamental forces there wouldn’t be a market. The ebb and flow we call volatility is the constant fight between the givers and takers in the market who are both offering supply and buying up demand. The large players in the market, the industry term here is ‘banks’ in case your wondering, are either on the buy side or the sell side. This is why, contrary to popular belief, they don’t automatically make money when you loose and automatically loose money when you win. In fact, a well run market maker should make money regardless as they are in the business of ‘making a market’, and whether high or low or buy or sell, there is always a market to be made.

This isn’t to say that those banks don’t use their position in the market to their advantage, you bet they do, whether it’s by pulling liquidity to avoid risk, widening spread around news or high volatility to make it harder for participants to close a trade in profit, all these things happen on a raw feed… but, to play devil’s advocate here; traders have their own tricks to try and best the market, and sometimes they work, until they don’t. The market is a battle fought between market participants as they try and predict where the supply and demand pockets will push the prevailing prices. When you go up against goliath you better bring your ‘A’ game, because he isn’t going to make it easy to beat him.

The real truth behind those market pauses and reversals is that you only notice them when they cause you to miss an exit, an entry, or trigger a stop as you watch your now booked loss turn and reverse back into profitability. The fact is these knee jerk movements between price levels are simply our friends supply and demand at work. The distinct capital flows into areas of resistance (supply) and those distinct bounces off of areas of support (demand). Rather than understanding the mechanics of something it’s human nature to take the easy way out… invent a poorly structured conspiracy and blame the other guy.

Before I get some nasty emails about how ‘Bob’s Binary Bonanza’ manipulated pricing and stole some poor guys deposit… look, like in any industry, and in any legitimate market, there are dishonest players, who’s sole purpose is to find any possible way to move their client’s money into their own pocket. However, saying that this is the ‘Market’ itself is not giving the market and the honest players in that market their due. If some guy sells you a knock off Rolex outside of their flagship store in Geneva you can’t blame Rolex for that one… Due diligence is key here, not just regarding the system you wish to trade but where you are going to trade it.

Okay, before I get rolled into an all out promotional piece here I am going to call it a day. In the coming months we will be adding to our Forex Myths video series, and I hope you take a moment to have a look and watch some cartoon pigs dancing around on your office workstation while your co-workers gossip about what exactly is wrong with you.

lastest Articles

Market Analysis
Gold probes multi-day lows around $1,790/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: A test of 1.1420 appears closer
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar seizes control as risk aversion returns, a busy docket ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold to stay above $1800 fueled by lower real rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB expected to keep rates unchanged
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, earnings optimism downs the dollar; eyes on COVID-19 stats, BOE’s Bailey
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Bring on Earnings Season
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Upside looks limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery would be constrained, uncertain and fragmented
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold eyeing $1,800, dollar mixed, as coronavirus, Hong Kong peg move markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Holds steady above $1775 level, bullish bias remains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOJ to project economic recovery in report next week – Reuters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Chinese optimism downs dollar as investors ignore US coronavirus, data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Economic Reopening Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Stocks' strength, dollar downing face Non-Farm Payrolls test as Trump endorses masks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Haskel: Activity appears to be coming back faster than anticipated
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
GBP Bank Account
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold shines, markets look for direction after a successful Q2, ahead of busy start to Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold eases below $1770 level, downside seems limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Europe fights coronavirus and stuns the dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets attempt to shrug off grim coronavirus developments
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jitters Continue into Busy Week
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index clings to gains near 97.50 ahead of data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery will be a complicated matter
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold sticks to the positive outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Focus now shifted to 1.1170
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates, gold shines as coronavirus rages in the US, triple data release eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Rising bets for a test of 1.1400 and beyond
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD recedes from tops above 1.1300
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Falling US Real Yields fuels bull trend towards new highs at $1921 – Credit Suisse
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk rides the Navarro rollercoaster, Eurozone/ UK PMIs, virus stats in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE is seen increasing further the size of QE – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-recovery back in play, US dollar recedes with second-wave virus fears
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Markets play tug-of-war with Covid-19 concerns and reopening momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus, weak data outweigh reopening optimism, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's de Guindos: Better if EU aid is distributed via grants rather than loans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD slumps toward $1,710 on improving risk sentiment
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar up as health, geopolitics replace consumer optimism, Powell, COVID-19 data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to modest daily gains, around $1730 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Double stimulus talk downs dollar ahead of Powell's power-play, US retail sales
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus concerns trigger dollar domination, commodity currencies climb down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Market Recovery Under Threat?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Houston, we have a problem, US coronavirus, Fed gloom, crash markets, consumers eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Obsessed
Killing Hope ( Before it Kills You )
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Fails at Resistance as Federal Reserve Expands Lending Program
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Can the dollar lick its wounds? Fed speculation, geopolitics, and data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Brexit, coronavirus and protests to pressure the pound
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: The beginning of the end, $1600 by Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar looking for a new direction after the excellent Non-Farm Payrolls, Lagarde eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – The Recovery Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: 1.1333 initial target reached, aims 1.1495 March peak – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Cautiously positive
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-on mood continues downing the dollar and yen, will Non-Farm Payrolls change that?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: ECB leaves key rates unchanged, expands PEPP by €600 billion
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB press conference: Lagarde speech live stream – June 4
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar struggles to recover as US protests calm, data beats, all eyes on ECB stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Room for further gains, albeit with a temporary retreat
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD drops back to $1720 amid risk-on rally in equities
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US unrest? Stocks remain restless, extend surge, dollar dives to new lows, top NFP hints eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD finds resistance near $1,745, drops toward $1,730
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Russian oil output falls to 9.39 million bpd in May, close to OPEC+ goal – Interfax
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Brexit breakthrough and US demonstrations over George Floyd death to boost the pound
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Sino-US Tensions Come to the Fore
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Look neutral near-term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Only a correction? Dollar trying to lick its wounds amid Sino-American tensions
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Archiving Inactive Accounts & Server Boost
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Trump urges states to open ‘ASAP’ as Dow surges
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Battle lines well-defined, can it break higher?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, Opening optimism overwhelms dollar, Sino-American tensions ignored (for now)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: At risk of extending its slide
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Russia to temporarily ban oil product imports – Interfax
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar in demand amid high Sino-American tensions, thin liquidity expected
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Reopening Momentum and China in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOE’s Ramsden: It is reasonable to have an open mind on negative rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC minutes: Ready to pump in extra stimulus – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil prices tumble alongside global equities amid fears about China turbulence
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
PBoC keeps extra easing on the table – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index Price Analysis: Door open to further retracements
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Forecast: XAU/USD Rally Loses Steam
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Crude Oil Stocks Change at -5 million barrels in week ending May 15
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Investors continue buying the yellow metal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar decline resumes after breather due to vaccine doubts, Fed remains in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Powell speech: Continuing to look at ways to accommodate additional borrowers
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Reasons for the US dollar weakness
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Needs to recapture $1,747 to resume rally
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
After two months, regulators remove short-selling bans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: The downside is more appealing than the upside
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Play down Powell and risk-on, markets also ignore Sino-American tensions, gold shines
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – More Easing on the Way
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
UK: Major downgrade to the GDP forecast – ABN Amro
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBNZ: Rates on hold, QE expanded – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates after Powell's push back, darkening global clouds, ahead of claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EIA: US Crude Oil Stocks Change at -0.7 million barrels in week ending May 8
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: FOMC Chairman Powell says additional policy measures may be needed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Latest: EUR/USD Could Break Lower, Powell Speech in Focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil storage crisis fading on global production cuts and recovering demand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Bullard: Cannot continue economic shutdown for too long
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Sustains the bounce above $1700 ahead of US CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold trades with modest gains, just above $1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar in Favour vs EUR/USD & GBP/USD, CHF Bulls Rise - COT Report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613