Trader Tips – Training yourself to take the right trades

Trader ti -

How to train your brain to make the right trading decisions at the right time. Learning to trade is only part of what is required to become a successful trader. It is said that to master the markets you must master your self and there is much truth in this.

This video demonstrates a 100% effective method of training yourself, or rather training you mind to be sending the right messages. The only problem with this method (if can call it a problem) is that this trading tip and very simple.

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EU & US Sovereign Concerns Erode Risk Appetite

There is a general feeling in FX markets that the optimism produced by the EU Summit statement seems to be fading. While the EURUSD remains tentatively supported by the 1.4300 handle, the safe-haven flows into the CHF suggest that EU peripheral problems are not forgotten. USDCHF dropped to 0.8061, EURCHF fell precipitously to 1.1555, while Gold rose to $1624.07. In addition, select European peripheral yield spreads widened (after a week of contraction). Interestingly, EM Asia FX continues to decouple from events in the west, as the EU sovereign contagion, are viewed as a low probability event and distinctive to Europe.

Our concern has always been that the bailout was merely a temporary patch (despite it’s innovative approach and broader than expected scope) and never aimed to address the more complex root of the structural problems. Read more…

Fundamental Analysis Enhances Currency Trading

When traders start following the financial markets they quickly learn that there are many forces that create capital flows and short term movements in the market.  Asset prices changed based on market sentiment as fear and greed dominate short term market movements.  Successful trading is based on the ability of an investor to analyze the financial markets and determine the appropriate value based on their analysis.  One of the most prevalent analysis used to discover market value is fundamental analysis.

Fundamental Analysis:

Fundamental analysis is a type of analysis in which investors examine economic, monetary, financial and political news to determine the value of the market.  Fundamental analysts will examine numerous reports and economic releases to try to gain some insight into the future direction of the markets.  For example, analyst will estimate the growth in employment based on initial claims to determine if the current pool of estimates reflects current market sentiment.   Eq

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Daily Forex Analysis – July 25, 2011

AUDUSD Analysis. AUDUSD stays above a uptrend line on 4-hour chart, and remains in uptrend. As long as the trend line support holds, uptrend could be expected to continue, and next target would be at 1.0950 area. However, a clear break below the trend line will indicate that lengthier consolidation of uptrend is underway, then pullback to 1.0700 could be seen.

USDCAD Analysis. USDCAD broke above the downtrend line on 4-hour chart, suggesting that consolidation of downtrend is underway. Range trading between 0.9423 and 0.9560 would likely be seen in a couple of days.

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Still on Track for a EU / IMF Sponsored Bailout of Greece

USD gained marginally but not materially during the Asian session as optimism generated by last week’s news flows around Greece dissipated. However as Europe entered the market, FX risk-correlated trades had begun to rally and the lack of real EU negative news was deemed a good sign. USDCHF climbed to 0.8387 before dropping to 0.8329 while EURUSD fell to 1.4560 before rallying to 1.4666. As we stated yesterday, the risk appetite we are seeing in FX has not migrated to other asset classes and we don’t expect that it will. US equity markets took a dive yesterday and Asia followed this morning as concerns over the direction of the US economy and global growth continue to be debated.
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