Tag Archive: brexit

Bought AUDUSD After Brexit

July 17, 2016

Yes, we ended up buying AUDUSD after the Brexit mess as our subscribers know we're trading on the technical side more than on the fundamental one, in the sense that technical analysis shows the way, while fundamentals represent the reason why market is moving. The chart above was part of... View Article

FOMC on the Horizon

June 13, 2016

“The Federal Reserve is not currently forecasting a recession” Ben Bernanke, Jan.10, 2008. Since the last NFP miss, it seems that everyone has agreed on one thing – there will be no rate hike next week. Taking into account that the ISM Non-Manufacturing PMI also showed further signs of weakness,... View Article

Getting Ready for Summer Trading

May 28, 2016

“For those of us climbing to the top of the food chain, there can be no mercy. There is but one rule: hunt or be hunted.” Francis Underwood (Kevin Spacey), House of Cards, 2013 Price action changes somewhat during summer months and to be honest, previous week already felt like... View Article

Euro and Pound May Go Hand in Hand.

May 17, 2016

“Me and Jenny goes together like peas and carrots.” Forrest Gump (Tom Hanks), Forrest Gump, 1994 Previous week was in some ways an ideal environment for technical traders as the economy calendar was relatively light. From certain perspectives, it’s possible to claim that when it comes to majority of the... View Article