Forex Trading Mind

The Forex market has remained quiet all week with little going on. The major event in the calendar this week took place a few minutes before the time of writing, with the European Central Bank’s monthly announcements. As expected, they left interest rates unchanged and will leave the QE (quantitative easing) program in place until December 2017.

Following on from yesterday’s eyes on Italy and Austria, we now have the results of the votes.

A very tricky area that tends to bother traders – well, it is all in the headline!

This might sound like a strange or tricky topic. It really isn’t! It is something you are probably already doing as a trader, without even being aware of it.

A little over a week ago,

Most traders should be familiar with the following scenario: you’re waiting for a trade to set up and finally there it is, what seems to be a good entry presenting itself. Before you go ahead and make the trade, you suddenly realize (you should realize!) there is a high-impact data release due within, say, half an hour. In other words, close enough to the present moment to be a major cloud on the horizon.

The market has been quiet so far today, and news is a little thin, so I want to write about the trade I took for my own account yesterday as it illustrates some

In the biggest American political upset of a lifetime, Donald Trump has been elected President of the United States. Just in case you hadn’t heard! I confidently predicted that Hillary Clinton would win the election. I was wrong, as was almost every other election pundit. It’s a good example of why you should never bet the farm on a single trade, no matter how probable you think your predicted outcome is.