Gonçalo Moreira, CMT
Independent Analyst
Summary
Are you interested in buying Winsor Hoang's "The Bull, the Bear, and the Baboon"? Watch this presentation and discover what you can learn with this excellent book At FXstreet.com we are always in search for those books that provide the best value to the currency trader. In this is book review series we introduce new and old books from our selection.
During the 7th session of this series, we've presented the book: "The Bull, The Bear, and The Baboon" by Winsor Hoang. Winsor Hoang has over 12 years of practical market trading experience including stocks and Forex trading. Winsor Hoang is familiar to many investors as the founder of a managed Forex accounts business, www.ctsforex.com. He has also been featured in several prestigious newspapers, such as the Wall Street Journal and the Dow Jones.
The Bull, The Bear, and The Baboon looks inside the currency trading market through the eyes of seven people, each with different reasons for becoming a trader. Their individual stories and the ways in which they interact and influence each other provide the reader an eye opening portrayal of the trading world. Both entertaining and informational, this book reads like a suspense novel and, at the same time, offers practical advice to both the novice and experienced investors. It is a captivating narrative story in what is typically a nonfiction, educational genre.
Winsor Hoang was with us on FXstreet.com to talk about his book!
This webinar is comprised of an introduction by Gonçalo Moreira followed by a completion and some basic teaching, as well as a Q&A session with Winsor Hoang himself.
More information about the book
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EUR/USD gathers bullish momentum and advances toward 1.1800 in the second half of the day on Tuesday. The US Dollar weakens and helps the pair stretch higher after the employment report showed that Nonfarm Payrolls declined by 105,000 in October before rising by 64,000 in November.
GBP/USD climbs to fresh two-month high above 1.3400
GBP/USD gains traction in the American session and trades at its highest level since mid-October above 1.3430. The British Pound benefits from upbeat PMI data, while the US Dollar struggles to find demand following the mixed employment figures and weaker-than-forecast PMI prints, allowing the pair to march north.
Gold extends its consolidative phase around $4,300
Gold trades in positive above $4,300 after spending the first half of the day under bearish pressure. XAU/USD capitalizes on renewed USD weakness after the jobs report showed that the Unemployment Rate climbed to 4.6% in November and the PMI data revealed a loss of growth momentum in the private sector in December.
US Retail Sales virtually unchanged at $732.6 billion in October
Retail Sales in the United States were virtually unchanged at $732.6 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.1% increase (revised from 0.3%) recorded in September and came in below the market expectation of +0.1%.
Ukraine-Russia in the spotlight once again
Since the start of the week, gold’s price has moved lower, but has yet to erase the gains made last week. In today’s report we intend to focus on the newest round of peace talks between Russia and Ukraine, whilst noting the release of the US Employment data later on day and end our report with an update in regards to the tensions brewing in Venezuela.
Here is what you need to know on Wednesday, December 17:
The US Dollar Index (DXY) tumbled below 98.00 on Tuesday, reaching its lowest level since mid-October. The Greenback faced intense selling pressure following a delayed labor report that revealed a significant softening in the US job market, overshadowing weak economic activity data from Europe.