Last week’s unexpected move by the SNB is still the main discussion topic in forex traders’ circles, so my article today will also relate to it, albeit from a different perspective. If you will, it’s a continuation of my previous article. One of the main attractions, at least as far as I’m concerned, of the… Read More »
Despite evidence last week from Swiss National Bank member Danthine saying the EUR/CHF floor at 1.20 will be maintained, the Swiss National Bank (SNB) released a market-wide cataclysm by abolishing the minimum exchange rate and EUR/CHF floor. Today’s shocking announcement of Swiss National to discontinue its minimum exchange rate of 1.20 Swiss francs to the… Read More »
Breaking the Losing Streak – This is the elephant in the trading room. It is rarely mentioned, almost everyone thinks or hopes it won’t happen to them, but all traders will have to face it at some point. Even high winning rate systems (70% win rate) will hit ten (or more) consecutive losses sooner or… Read More »
Quick Lessons from 2014: Some End-of-Year Trading Thoughts As we’re very close to the end of another year, I think this is a good moment to look back and see what lessons can be drawn from the previous 12 months of trading. Bear in mind that it’s beyond the scope of this article to be… Read More »