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 stays defensive below 1.1750 as USD finds its feet
EUR/USD kicks off the new week on a softer note, holding below 1.1750 in European trading on Monday. The pair faces challenges due to a pause in the US Dollar downtrend, with traders shifting their focus to the delayed US Nonfarm Payrolls and CPI data for fresh directives. The ECB policy decision is also eagerly awaited.
GBP/USD holds steady above 1.3350 as traders await key data and BoE
GBP/USD remains on the back foot above 1.3350 in the European session on Monday, though it lacks bearish conviction and holds above the key 200-day SMA support. The US Dollar holds its recovery mode ahead of key data releases, while the Pound Sterling faces headwinds from the expected BoE rate cut this week.
Japanese Yen adds to strong gains and drags USD/JPY to 155.00 amid hawkish BoJ bets
The Japanese Yen extends its steady intraday ascent through the Asian session on Monday, dragging the USD/JPY pair to the 155.00 psychological mark in the last hour. Against the backdrop of the recent shift in rhetoric from Bank of Japan Governor Kazuo Ueda, an improvement in business confidence reaffirms market bets for an imminent rate hike this week.
Editors’ Picks
EUR/USD stays defensive below 1.1750 as USD finds its feet
EUR/USD kicks off the new week on a softer note, holding below 1.1750 in European trading on Monday. The pair faces challenges due to a pause in the US Dollar downtrend, with traders shifting their focus to the delayed US Nonfarm Payrolls and CPI data for fresh directives. The ECB policy decision is also eagerly awaited.
GBP/USD holds steady above 1.3350 as traders await key data and BoE
GBP/USD remains on the back foot above 1.3350 in the European session on Monday, though it lacks bearish conviction and holds above the key 200-day SMA support. The US Dollar holds its recovery mode ahead of key data releases, while the Pound Sterling faces headwinds from the expected BoE rate cut this week.
Gold climbs to seven-week highs on Fed rate cut bets, safe-haven demand
Gold price rises to seven-week highs to near $4,350 during the early European trading hours on Monday. The precious metal extends its upside amid the prospect of interest rate cuts by the US Fed next year. Lower interest rates could reduce the opportunity cost of holding Gold, supporting the non-yielding precious metal.
Solana consolidates as spot ETF inflows near $1 billion signal institutional dip-buying
Solana price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout. On the institutional side, demand for spot Solana Exchange-Traded Funds remained firm, pushing total assets under management to nearly $1 billion since launch.
Big week ends with big doubts
The S&P 500 continued to push higher yesterday as the US 2-year yield wavered around the 3.50% mark following a Federal Reserve (Fed) rate cut earlier this week that was ultimately perceived as not that hawkish after all. The cut is especially boosting the non-tech pockets of the market.
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