FXStreet Expert Contributor
FXStreet
In Episode 114 of The Traders Podcast, your host Rob Booker catches up again with 20-year-veteran trader and technical analyst Brian Shannon, the author of the blog Alpha Trends.net and the author of the book “Technical Analysis Using Multiple Time Frames.” Rob and Brian discuss trading stocks and some of the finer points to their decision-making process. They talk about the nature of fear — the fear that traders commonly experience, as well as the converse, having fearlessness in approaching the market. Brian explains why he generally isn’t fearful about a position, except for one sort of stock type that Brian is a little leery of…
In Episode 114, you’ll also hear about specializing in setups and opportunities, as well as some steps for minimizing the emotional aspects of having your money on the line. You’ll also hear Rob expound on the dangers of getting married to the story that you’ve sold yourself about a particular stock. This show is a must-listen! Tell your friends!
In Episode 114, you’ll also hear about specializing in setups and opportunities, as well as some steps for minimizing the emotional aspects of having your money on the line. You’ll also hear Rob expound on the dangers of getting married to the story that you’ve sold yourself about a particular stock. This show is a must-listen! Tell your friends!
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Editors’ Picks
EUR/USD clings to daily gains above 1.0650
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
USD/JPY goes on a roller-coaster ride prompted by geopolitical risk
USD/JPY whipsaws lower and then higher on alternating risk-on risk-off caused by Middle East tensions. Governor Ueda talks about defending the Yen from further weakness and currency-induced imported inflation. USD/JPY price chart shows bearish Hanging Man forming, boding ill for future price action.
Editors’ Picks
EUR/USD clings to daily gains above 1.0650
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
Gold holds steady at around $2,380 following earlier spike
Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium
Bitcoin price shows no signs of directional bias while it holds above $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research.
Week ahead – US GDP and BoJ decision on top of next week’s agenda
US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap.
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