Category Archives: Monthly Market Reports

Trade war rhetoric weakened throughout the month, despite the tariffs coming into effect and China refusing to sit down and talk with the US anymore. The markets most sensitive to a trade war (commodities and commodity currencies plus emerging markets) all gained against the greenback this month. Just this week however, we had the FOMC

Do you ever find yourself struggling with your discipline, productivity, and focus while trading on your own? If yes, you are not alone. In particular among people who decide to venture into full-time forex trading, it is common to experience some difficulty in transitioning to a life where nobody tells you what to do all

As the trade war between the world’s biggest and second biggest economies intensifies, leaders of both the US and China seem determined to continue to slap tariffs on each other, most likely fearing the loss of “face” among people in their respective home countries. This past Tuesday, a new round of tariffs was announced by

In trading, mentality is one of the most important ingredients for success. Without the right mindset, the motivation, and enough “emotional capital,” it simply becomes impossible to succeed at this game. It’s for good reason that you often see former top athletes, special forces soldiers, and other high-performers becoming some the most successful traders and

Yet another testing month is behind us. With the US dollar still stuck in the range between 95.20 and 93.40. Commodities fell early on in the month thanks to trade war escalating, but as the war disappeared from headlines the commodity market found a floor. Gold has been sideways for last week or so and

Have you ever wondered why professional traders seem to talk more about boring things like risk management, position sizing, and diversification rather than the latest profitable trading strategies? As a new trader, I always struggled to understand this. After all, it’s the trading strategy that makes us money, right? While technically true, thinking that just

Have you ever wondered what makes technical analysis of a market really work? Take support and resistance levels for example. If you observe that the EUR/USD is struggling to get past the 1.17 level, is there some magic ceiling there that is preventing the price from moving through it…? Or when you see a head

Technical trading indicators is something traders spend a lot of time trying to understand, and, to be frank, we also spend lots of time teaching it. Probably driven by the excitement of testing out new indicators and the hopes of finding that one strategy that will kill it in the forex market, it seems that