Towards the end of the year we tend to review its ups and downs and start planning for the new one. Whether its a pledge to eat more healthy food, learn something new or improve your trading, everything seems to be possible to achieve when we're standing on the verge of another new year. So while you compile your own list of resolutions have a look at what some of the FXstreet.com contributors expect to achieve in 2014. Maybe you will discover you have similar goals or maybe they will give you inspiration. Aren't you curious?
Check previous year's experts resolutions!
- 2012
- 2011
- 2010
Ed Ponsi
- Do More For Others
- Diversify My Holdings
- Enjoy Life More
Carol Harmer
- Try and Teach The Retail Trader How To Trade Profitably
- Explain That There Are Many Markets To Trade..Creating Missed Opportunities
- Make The Time To Write A Book
Valeria Bednarik
- Go back to the basics
- Write a book
- Finish my house
Joseph Trevisiani
- Stop Being Reflexively Contrarian
- Remember that in Writing the Hardest Part is Starting
- Give More of Myself
Kathleen Brooks
- Stop trying to make the market fit my strategy
- Stay disciplined
- Join the community
Navin Prithyani
- Setup technological platforms to allow others to duplicate my trades
- Setup a branch of my firm in Toronto, Canada
- Get more media attention for my firm
Ilian Yotov
- Enjoy another year with my family
- Launch my new currency management company AIMfx
- Expand my efforts to grow personal philanthropy and inspire others
Dr. S. Sivaraman
- Develop more strategic trading techniques and fine tune market reading
- Create more awareness among traders about reality of forex market
- Try and develop more patience and perseverance
David Pegler
- Be More Available
- Don’t underestimate funny money
- Enjoy trading again
Bradley Gilbert
- Make our professional training package more accessible for all traders.
- Increase our FUM to $25 Million
- Open our Asian headquarters in Beijing
Tarik Chebib
- Trust your gut feeling
- Understand the drivers of the US economy better
- Diversify my goals again
David Cooney
- Finalise the Financial Conduct Authority (FCA) regulation process for MahiFX
- Finish my fixed wing instrument rating
- Figuring out a remedy for the daily 5 AM wake-up call courtesy of my four-year-old daughter
Matt Simpson
- Gauge market sentiment using fundamental information
- Improve Efficiency
- Increase Exercise
James Stanley
- Don’t manage every position aggressively
- Avoid the Noise
- Be more balanced
Editors’ Picks
EUR/USD faces next resistance near 1.1930
EUR/USD has surrendered its earlier intraday advance on Thursday and is now hovering uncomfortably around the 1.1860 region amid modest gains in the US Dolla. Moving forward, markets are exoected to closely follow Friday’s release of US CPI data.
GBP/USD inching closer to 1.36
The Pound Sterling edged higher to 1.3640 on Thursday, recovering from an earlier pullback after stronger-than-expected US jobs data initially weighed on the pair. The Bank of England held rates at 3.75% at its February 4 meeting in a narrow 5-4 vote split, with four members preferring a 25 basis point cut to 3.50%.
USD/JPY recovers from two-week low ahead of US inflation data
The USD/JPY gains some positive traction during the Asian session, snapping a four-day losing streak amid some repositioning ahead of the US CPI report. Meanwhile, expectations that Japan's PM Sanae Takaichi could be more fiscally responsible, along with bets that the BoJ will stick to its policy normalization path and the risk-off mood, could support the safe-haven Japanese Yen. The US Dollar, on the other hand, struggles to attract buyers amid dovish Fed expectations and threats to the central bank's independence, which, in turn, should cap the currency pair.
Editors’ Picks
AUD/USD consolidates below 0.7100 as traders await US CPI report
AUD/USD stalls the previous day's retracement slide from the vicinity of mid-0.7100s, or a three-year high, as traders move to the sidelines ahead of Friday's release of the US consumer inflation figures. In the meantime, the divergent RBA-Fed outlooks might continue to support spot prices amid subdued US Dollar demand, though the risk-off impulse could act as a headwind for the Aussie.
USD/JPY recovers from two-week low ahead of US inflation data
The USD/JPY gains some positive traction during the Asian session, snapping a four-day losing streak amid some repositioning ahead of the US CPI report. Meanwhile, expectations that Japan's PM Sanae Takaichi could be more fiscally responsible, along with bets that the BoJ will stick to its policy normalization path and the risk-off mood, could support the safe-haven Japanese Yen. The US Dollar, on the other hand, struggles to attract buyers amid dovish Fed expectations and threats to the central bank's independence, which, in turn, should cap the currency pair.
Gold falls to near $4,900 as selling pressure intensifies
Gold price faces some selling pressure around $4,910 during the early Asian session on Friday. The yellow metal tumbles over 3.50% on the day, with algorithmic traders appearing to amplify the precious metal’s sudden drop. Traders will closely monitor the release of the US Consumer Price Index inflation report for January, which will be released later on Friday.
Ethereum investors face huge unrealized losses following price slump
US spot Ethereum exchange-traded funds flipped negative again on Wednesday after recording net outflows of $129.1 million, reversing mild inflows seen at the beginning of the week, per SoSoValue data. Fidelity's FETH was responsible for more than half of withdrawals, posting outflows of $67 million.
A tale of two labour markets: Headline strength masks underlying weakness
Undoubtedly, yesterday’s delayed US January jobs report delivered a strong headline – one that surpassed most estimates. However, optimism quickly faded amid sobering benchmark revisions.
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