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 weakens below 1.1900, USD remains firm
EUR/USD has slipped back into its downtrend, drifting below the 1.1900 support as the US Dollar’s recovery keeps gathering traction. Indeed, the Greenback’s push higher gathered pace after President Trump named Kevin Warsh as Jerome Powell’s successor and US Producer Prices rose more than expected in December.
GBP/USD retreats further, threatens 1.3700
Selling pressure remains on the rise, dragging GBP/USD back towards three-day lows around 1.3720-1.3710 at the end of the week. Cable’s retracement reflects a firmer rebound in the Greenback as investors digest Trump’s announcement of the next Fed chair.
Japanese Yen slides further vs. firmer USD amid reduced BoJ rate hike bets
The Japanese Yen adds to softer Tokyo CPI-inspired losses amid reduced bets for an early interest rate hike by the Bank of Japan. Adding to this, concerns about Japan's financial health amid Prime Minister Sanae Takaichi's reflationary policies and political uncertainty ahead of the snap election on February 8 contribute to the JPY's safe-haven status.
Editors’ Picks
EUR/USD: US Dollar recovers ahead of ECB, more Trump in the docket Premium
The EUR/USD pair soared in the last week of January, hitting a multi-year high of 1.2082 before finally retreating and trimming most of its weekly gains to settle around the 1.1900 level.
Gold: Correction should be temporary Premium
Gold (XAU/USD) kept winning this week, and on Thursday it briefly reached new all-time highs just beyond the $5,600 mark per troy ounce. Since then, the yellow metal has entered a correction phase, as some traders took profits at the right time and the US Dollar (USD) rose sharply.
GBP/USD: Pound Sterling eyes more upside, with Golden Cross in play Premium
The Pound Sterling (GBP) accelerated its bullish momentum against the US Dollar (USD), with GBP/USD recording its highest level in four years near 1.3870 before experiencing a late pullback.
Bitcoin: BTC correction deepens as Fed stance, US-Iran risks, mining disruptions weigh
Bitcoin (BTC) price extends correction, trading below $82,000 after sliding more than 5% so far this week. The bearish price action in BTC was fueled by fading institutional demand, as evidenced by spot Exchange-Traded Funds (ETFs), which recorded $978 million in inflows through Thursday.
US Dollar: Fed caution meets political noise Premium
It was a rough and volatile week for the US Dollar (USD). Indeed, the US Dollar Index (DXY) built on the previous week’s decline and retreated to the 95.50 region, an area last visited in February 2022.
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What Are the 10 Fatal Mistakes Traders Make
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