Thanks for tuning in to this fascinating episode! During this show, we catch up with your host, Rob Booker, as he is sitting in the parking lot of a Whole Foods grocery store, somewhere in Salt Lake City. Rob interviews Scott Hines of Australia, who lives at the top of the state of Victoria. Scott is a 14-year veteran trader who uses Neuro-Linguistic Programming (or NLP), which helps to influence one’s emotional and psychological state, or assists in replacing negative behaviors with more positive ones, among other things.
Rob talks to Scott about some specific uses for NLP, such as an example where a trader struggles with fear every time a trade goes into profit. Scott discusses the concept of “anchors,” which are physical or sensory inputs that act as a catalyst for an automatic or instinctive reaction — or in other words — something that serves as a trigger for making a person feel or behave a certain way (and this can be positive or negative). Scott also discusses how human beings make associations and have patterns in place for everything in their lives.
And finally, we’ll also hear a current update from Rob on his Trade-for-a-Living Tour and hear what he’s doing today in Santa Fe, New Mexico. Trust us… you don’t want to miss this one!
Editors’ Picks
USD/JPY rebounds firmly to 150.00 on the expected BoJ rate hike
USD/JPY rallied to test 150.00, as the Japanese Yen tumbled amid a classic 'sell the fact' trading on the hawkish BoJ decision. The BoJ lifted the interest rate by 10 basis points (bps) from -0.1% to 0% for the first time since 2007 and abandoned the YCC framework.
AUD/USD drops toward 0.6500 after RBA's steady policy
AUD/USD is extending losses toward 0.6500 in Asian trading on Tuesday. The Aussie Dollar remains offered after the Reserve Bank of Australia extended the pause while markets digest the less hawkish policy statement ahead of Governor Bullock's press conference.
Gold price flat-lines above one-week low, awaits the crucial Fed decision on Wednesday
Gold price oscillates in a range and is influenced by a combination of diverging forces. Hawkish Fed expectations, elevated US bond yields and a bullish USD cap the upside. Geopolitical risks lend some support to the XAU/USD ahead of the key FOMC meeting.
Avalanche price could rise 20% on gaming narrative ahead of GDC conference
Avalanche is an outlier on Monday, rallying while the broader market is crashing. It has outperformed Bitcoin price, as well as meme and AI crypto coins, sectors that have been thriving of late.
Lots of tension ahead of this week's Fed decision
Last week, we got a strong round of US economic data accompanied by hotter US inflation reads. The takeaway of course is that there might be a lot more pressure on the Fed to be looking to scale back its rate cut outlook at this week’s meeting.
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