FXtrademark: Currency Trading v Sports Betting

FXtrademark: Currency Trading v Sports Betting

I guess we have to qualify the question. For pleasure (and pain for sure) nothing beats the excitement and intensity of having a wager on a sporting event. Whether it’s your team or not, the adrenalin and excitement is magic! However, as a business with a goal of...
FXtrademark: Less Is More. Take Fewer Trades.

FXtrademark: Less Is More. Take Fewer Trades.

Trading is an unconventional business, in that doing more does not equate to making more. Overtrading is one of the most common mistakes made by all traders, particularly new traders. And it’s understandable because your broker is encouraging you to take more...
FXtrademark: Money Management – Setting Goals

FXtrademark: Money Management – Setting Goals

As I’ve said so many times, yes we need a strategy and we must always look to improve our market analysis. The markets are constantly changing as geo-political and economic circumstances are in a constant state of flux. We always have to be aware of live market...
FXtrademark: Inflation, Gold and the USD

FXtrademark: Inflation, Gold and the USD

Here’s what we have learned: there is an inverse relationship between gold and the dollar. Strong USD = weak gold. Weak USD = strong gold. Well, its 2021 and it looks like we have to relearn. This past week we’ve seen the USD Index rally to break resistance (94.58...
FXtrademark: What’s Next for the USD in 2021?

FXtrademark: What’s Next for the USD in 2021?

After a weak 2020, the greenback has showed real signs of strength this year. The eur/usd started the year at $1.2300 and is now trading at $1.1740. The pair fell to current levels, ($1.1700) in the first quarter, only to bounce back to $1.2300 in June. Factors that...
FXtrademark: Gold, Oil and the Fed going into Summer

FXtrademark: Gold, Oil and the Fed going into Summer

Following Friday’s (August 6th) strong jobs report there’s a lot of data for us to digest going into the traditionally slow summer months. We saw 943K new jobs created and unemployment slide to 5.4%, while crude prices showed a rebound as the world’s largest economy...