Forex Trading Mind

Today’s monthly European Central Bank monetary policy decision saw the ECB leave policy completely unchanged, and an indication that rates will be left alone for several months yet.

I woke up today to the news that over 700 million accounts with passwords have been hacked and published. Yes, 700 million, you read that right.

Mexicans using their own cars or other motor vehicles are having a tough time filling up their gas tanks.

There is one thing you should thank free markets in currencies, stocks, commodities for, even if you don’t make any money from them.

It’s “turnaround Tuesday”, the day of the week when markets traditionally find direction, but overall there is little to grasp in terms of finding any firm direction to exploit.

There has been a high level of volatility in the Forex market since the new calendar year began, particularly the “flash crash” seen in the Japanese Yen, Australian Dollar, and British Pound just before the Asian session began on 3rd January.

Every now and again I look through Forex trading strategies which are getting discussed on various internet forums.

A big deal has been made in the media over the fact that the benchmark S&P 500 Index rose by just under 5% yesterday, which was its third largest daily rise of all time.