AUDCHF has retraced to the 50% Fibonacci level on the weekly time frame. I am looking to sell at market with a stop above the recent high of 0.87272 and take profit at 0.67600 (psychological number).
When I was introduced to trading 5 years ago I never, at that moment, imagined that I would be at the point where I am today. I was still working about 80+ hours per week, having started off as an ‘on call garbage collector’ if you will. By no means am I saying that I…Read more Forex is dying
Among the election nerves, our analysts are viewing the MXN, JPY, CHF and Gold. In the event of a Trump win, we could see the USDMXN rally: If the Donald doesn't acquire enough votes in either Ohio, North Carolina or Florida I'm taking the boring approach and looking for MXN strength: However, all you FX traders…Read more Market Outlook: 7-11 November
This time tomorrow, possibly the most historic election will come to an end. Either way the country loses, I guess. For all the traders out there, your focus should be on the swing states. More importantly: Florida. If you're looking to capitalize on election volatility take note that it may be over by early evening…Read more Your “guide” to trading election night