Event Guide: BOJ Monetary Policy Statement (March 2024)
Is the Bank of Japan (BOJ) about to exit its ultra-easy monetary policy? Or will officials hold and pushback any tightening expectations? Here’s what it’s best to look out for…
Financial Trading
Event Guide: U.S. Preliminary Consumer Sentiment Index (March 2024)
What is the mood like amongst U.S. consumers today? The upcoming University of Michigan preliminary consumer sentiment index might be our first glimpse into whether Americans are feeling optimistic or…
Global Market Weekly Recap: Mar. 11 – 15, 2024
With a comparatively light economic calendar and little central bank speak so as to add volatility in between top tier data, traders appeared to make most of their moves around…
Prop Firms vs. Going Solo: The Inner Battle of a Trader
Let’s be real, trading is already a wild mind game. There’s a complete rollercoaster of emotions involved – the fun of a winning streak, the gut-punch of a giant loss,…
Play of the Day: Bullish Turn in U.S. 10-yr Treasury Yield?
Are traders changing their tune on Fed rates of interest and bond yields after this week’s U.S. inflation updates? If that’s the case, could we see the U.S. 10-yr Treasury…
5 Usual Reasons For Losing Forex Trades
It is commonly said that the chances of being consistently profitable and succeeding within the forex market are very slim, as greater than 90% of traders are sure to face…
Play of the Day: GBP/JPY to Extend Its Downtrend After the U.K.’s Jobs Release?
GBP/JPY has been making lower highs and lower lows all month and that is BEFORE we saw the most recent U.K. jobs data! Data printed earlier showed jobless claimants within…
5 Constructing Blocks for a Profitable Trading Strategy
Much has been said about having a trading strategy and sticking to the plan, but what exactly do it’s essential to construct a profitable one? Should you keep a detailed trading journal (and…
Play of the Day Recaps: March 5 – 7, 2024
As usual with the primary week of each month, the FX calendar was full of top tier events, including the monthly U.S. jobs updates, and the markets reacted accordingly. Our…
Global Market Weekly Recap: Mar. 4 – 8, 2024
It was a busy week for market players as traders needed to balance top tier economic updates with several major central bank events. It was the same old cycle of…