During this episode, you’ll hear your host Rob Booker talking with the producer about conflict avoidance. Rob begins by comparing and contrasting styles of dealing with conflict as represented in the HBO television show “Girls” and the Showtime television series “House of Lies.” This comparison leads Rob to observe that not closing losing trades and avoiding conflict tend to go hand in hand.
Rob and Jason also discuss how becoming conflict-driven can help your trading (and your life), and it can assist you in learning to pounce on opportunities when they occur. Rob talks about how one can improve as a trader by saying exactly what’s on one’s mind. Rob discusses how these principles might apply to job-interviewing techniques, for instance, and Rob tells a fascinating story about a job interview that he once had with a company was so successful that he unintentionally caused a stir within the company. So, if you want to be more explicit in expressing what you want out of life and out of your trading career, then listen to Episode 119.
Rob and Jason also discuss how becoming conflict-driven can help your trading (and your life), and it can assist you in learning to pounce on opportunities when they occur. Rob talks about how one can improve as a trader by saying exactly what’s on one’s mind. Rob discusses how these principles might apply to job-interviewing techniques, for instance, and Rob tells a fascinating story about a job interview that he once had with a company was so successful that he unintentionally caused a stir within the company. So, if you want to be more explicit in expressing what you want out of life and out of your trading career, then listen to Episode 119.
Editors’ Picks
EUR/USD looks sidelined below 1.1600
EUR/USD remains on the back foot in the latter part of the NA session on Thursday, now attempting a consolidative theme in the sub-1.1600 region. A more cautious market mood, driven by the escalating conflict in the Middle East, together with broad-based strength in the US Dollar, is favouring the continuation of the leg lower in spot.
GBP/USD stays offered near 1.3340
GBP/USD fades Wednesday’s uptick and trades with decent losses in the 1.3340 zone in the latter part of Thursday’s session. Cable’s weakness, alongside the rest of the risk complex, follows the strong performance of the Greenback amid intense geopolitical jitters.
Japanese Yen turns upside down against US Dollar as dovish Fed bets recede
The Japanese Yen gives back its early gains and turns negative against the US Dollar during the European trading session on Thursday. The USD/JPY pair rises to near 157.35 as the US Dollar resumes its upside journey after a corrective move. As of writing, the US Dollar Index trades 0.4% higher to near 99.15.
Editors’ Picks
EUR/USD looks sidelined below 1.1600
EUR/USD remains on the back foot in the latter part of the NA session on Thursday, now attempting a consolidative theme in the sub-1.1600 region. A more cautious market mood, driven by the escalating conflict in the Middle East, together with broad-based strength in the US Dollar, is favouring the continuation of the leg lower in spot.
GBP/USD stays offered near 1.3340
GBP/USD fades Wednesday’s uptick and trades with decent losses in the 1.3340 zone in the latter part of Thursday’s session. Cable’s weakness, alongside the rest of the risk complex, follows the strong performance of the Greenback amid intense geopolitical jitters.
Gold: further weakness could challenge $5,000
Gold comes under fresh selling pressure on Thursday, slipping back below the $5,100 mark per troy ounce. Persistent strength in the US Dollar (USD) is preventing the yellow metal from building a meaningful recovery, even as markets remain risk-averse amid the deepening conflict in the Middle East.
Crypto Today: Bitcoin, Ethereum, XRP hold weekly gains despite US-Iran war
The cryptocurrency market is gaining strength on Thursday, building on Wednesday's upswing, which saw Bitcoin reach a weekly high above $74,000. Ethereum and Ripple are moderating their recent gains amid uncertainty stemming from the escalating war in the Middle East.
Two PMIs, two Chinas Premium
China’s economic data are often treated with a degree of caution by global investors. The challenge is not necessarily that the numbers are incorrect, but that they can describe very different parts of a vast and complex economy. Nowhere is that more evident than in China’s PMIs.
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