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//June 25, 2014
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Are You Making the Same Predictable Mistakes as a Monkey Would in Your Trading. This Will Make You Think About Risk In a Different Way.

Why do we make irrational decisions so predictably? In this Ted.com talk Laurie Santos looks for the roots of human irrationality by watching the...
Posted On 25 Jun 2014
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Has AUDCHF Reached a Tipping Point?

  Despite grinding higher, I have revived my old analysis of AUDCHF and the potential bearish wedge formation in light of recent price action.
Posted On 25 Jun 2014
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XAUUSD Daily Technical Outlook and Review 25th June

The daily timeframe shows that both buyers and sellers within the daily supply area at 1331.13-1318.24 have been active, with the sellers...
Posted On 25 Jun 2014
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USDCHF Daily Technical Outlook and Review 25th June

The sellers sold heavily into the ‘possible’ decision point area at 0.89283, only to have the buyers switch direction nearly to the pip off of...
Posted On 25 Jun 2014
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USDCAD Daily Technical Outlook and Review 25th June

Active buyers on the weekly are seen around the base of demand at 1.05609-1.07372; look at that tidy tail forming! Daily TF. The buying currently...
Posted On 25 Jun 2014
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EURGBP Daily Technical Outlook and Review 25th June

The buyers are beginning to show the upper hand as price is seen rallying towards supply (D/S flip area) at 0.80348-0.80576. 4hr TF. There were...
Posted On 25 Jun 2014
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USDJPY Daily Technical Outlook and Review 25th June

As we can see on the daily timeframe below, price is not showing much movement in between supply (minor resistance) at 102.645 and demand below...
Posted On 25 Jun 2014
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AUDUSD Daily Technical Outlook and Review 25th June

On the 4hr chart price reacted beautifully around the highs 0.94613 consuming the buyers at the round number 0.94000 in the process. However, do...
Posted On 25 Jun 2014
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EURUSD Daily Technical Outlook and Review 25th June

Again, very similar on the 4hr to the last analysis, price has not changed much except for the buyers seen breaking through the round number...
Posted On 25 Jun 2014
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GBPUSD Daily Technical Outlook and Review 25th June

Below on the weekly timeframe, we are seeing the sellers beginning to show more interest around the weekly supply area at 1.76290-1.70490. Daily...
Posted On 25 Jun 2014
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Pound Falls on Inflation Report Hearing

Markets remain calm on a lack of high impact news. There was some action in the AUD overnight, as the previous day’s rally was retraced on...
Posted On 25 Jun 2014
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Major Overview – USD Turns Around With Flight to Safety

  Money flowed to USD, CHF and Bonds following increased tensions in Iraq. This does not bode well for AUD or NZD in the near term.
Posted On 25 Jun 2014
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36 Ways to Rapidly Improve Your Forex Trading

1. Don’t focus on making money Focus on getting your trades to work. Money is a natural by-product of your edge being executed perfectly. 2....
Posted On 25 Jun 2014
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