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...
FXtrademark: Nothing Wrong With Risk

FXtrademark: Nothing Wrong With Risk

Starting a new business…it’s risky. Anyone who tells you otherwise is not being honest. Forex trading…it’s risky. Anyone tells you otherwise is either naïve or again, simply not telling you the truth. So make sure you’re going in with your eyes open and realistic...
FXtrademark: Gold… Where To Now?

FXtrademark: Gold… Where To Now?

The traditional inverse relationship between gold and the USD just hasn’t really materialized. Although we’ve seen USD weakness, political uncertainty, and economic stimulus across the globe, gold has failed to show real signs of strength. Technically we saw the...
FXtrademark: Dollar Weakness Resumes

FXtrademark: Dollar Weakness Resumes

It’s been a year since the USD collapse started for real. From May 2020 highs of 100.52 down to January 2021 lows of 89.16. And then came the fightback – a new US Government coupled with the rollout of a vaccination program to end COVID 19, a new stimulus package…and...
FXtrademark: How much $ do I need to start with?

FXtrademark: How much $ do I need to start with?

In all my years of teaching and training, this could be one of the most common questions I get asked by new traders: “How much do I need to open my account with? Or, “What’s the right amount to start trading with?” We’re talking about money and there is nothing more...