Forex Trading Mind

Over recent days I’ve laid out two pieces of evidence with statistics, showing how you can identify a statistically positive trading edge in major Forex pairs, and in certain commodities and stock indices.

Lately, I’ve been exploring how traders can use volatility to improve their trade entry edge while trading in the direction of a trend.

In my previous post, I investigated a series of recent data from the three major Forex currency pairs, and concluded that without taking trend into account, whichever pair was showing the lowest relative volatility had the greatest edge.

An interesting piece of research caught my eye this week, as highlighted in a little Bloomberg story: the calendar year 2018 is the first year in almost fifty years where not a single broad asset class has produced a positive return greater than 5%.

The British Pound, which has been very weak lately, rose quite sharply during the early part of the London session, as news emerged that the European Court of Justice’s Advocate General believes it would be lawful for the United Kingdom to unilaterally revoke its invocation of Article 50.

The first face-to-face meeting between President Trump and his Chinese counterpart Xi Jinping of 2018 has taken place at the G20 summit in Argentina.

The British Government is in the unusual position of trying to push through a policy which very few of its members believe in.

There are occasionally times when it is very difficult to make any money in the market.