JohnROB BOOKER
PROFILE

Current Job: Founder and Trader at RobBooker.com
Career: Foreign currency trader, best-selling author and sought after speaker. Has speaken in sold-out conferences throughout Asia, Europe and North America.

Rockefeller Treasury Services View profile at FXStreet

Rob Booker is a foreign currency trader, best-selling author, and sought after speaker. He is the author of "Support and Resistance Trading", the first set of the FXStreet DVD Series. Rob hosts the daily radio show "The Traders Podcast"

Renowned for his entertaining approach to discussing the world’s largest and most volatile financial market, Rob’s analysis is read by thousands of people each day throughout the world. He maintains his Forex advisory practice close to home in Mission Viejo, California.


1. What will 2015 be remembered for?

Peak Unicorn, or the year that VC investing in startups peaked (again). Also, Uber. It will be remembered as the year that Uber got a $50 billion valuation, and carried the valuation of a whole crop of tech companies with it. I don't think this year will be remembered for any particular currency move.

Also 2015 will be the year we remember that oil got seriously pounded, the year that middle eastern tensions erupted into an unsolvable refugee crisis, and the year that one man ruined the Republican Party in the U.S. and changed U.S. presidential politics forever.
2. Which were your most important achievements this year?
I simplified my trading. I reduced my trading to one day per week (Thursday mornings) in a 2 hour window. It has been the most wonderful experience.
3. What emerging issues or trends should traders prepare for in 2016?
Oil falling to $20. Which creates chaos in the middle east. Oil falls, production remains high or even increases to sustain government operations in oil-producing countries, which further depresses the price of oil. Only war in the middle east could change this trend. And no one wants that.
4. Which will be the best and worst performing currencies in 2016 and why?
Worst: CAD.
Best: GBP.

Reason: If oil continues to fall, the CAD will get crushed. And if the UK starts to hint at raising rates, maybe the GBP makes a huge leap upward.
5. Which under-the-radar currency pair do you expect to make a big move in 2016?
The South African Rand. Or the Mexican Peso.
6. Which macroeconomic events will have the biggest impact on the FX markets in 2016?
The declining price of oil.
7. Which asset class will cause the next financial crisis?
Peak bonds. Interest rates will rise in the U.S. and corporate junk bonds will tank, and there will not be enough liquidity to support the move. Bond prices are going to get hit very hard.
8. What will you be focused on next year?
Making a television show for traders. It's called "Trading Dirty" and I can't say anything else right now about it.
9. Who are the people to watch in 2016 in terms of impact on the industry?
Draghi. Yellen. OPEC.
10. What are your New Year's resolutions?
Not applicable.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Feed news

Latest Forex Analysis


Latest Forex Analysis

Editors’ Picks

EUR/USD climbs above 1.1250 as investors eye coronavirus headlines

EUR/USD preserved its recovery momentum early Friday and rose above 1.1250 during the European trading hours. Markets are doubting the Fed's policy tightening prospects as the new coronavirus variant revives concerns over the economic recovery losing steam.

EUR/USD News

GBP/USD rebounds toward mid-1.3300s on broad dollar weakness

GBP/USD reversed its direction after dipping below 1.3300 earlier in the day and started to push higher toward 1.3350. The greenback is facing heavy selling pressure amid the sharp decline witnessed in the 10-year US Treasury bond yield.

GBP/USD News

Gold clings to strong gains above $1,800 as US T-bond yields plunge Premium

Gold staged a decisive rebound on Friday and reclaimed $1,800. The intense flight to safety is causing US Treasury bond yields to fall sharply and fueling XAU/USD's rally. Investors await news on vaccines' effectiveness against the new COVID variant.

Gold News

Cardano could tank to $1 if ADA fails to defend crucial support

Cardano price is currently hovering below a freshly shattered 6-hour demand zone, ranging from $1.68 to $1.79. This resulting crash could extend to the immediate and critical foothold at $1.40. 

Read more

Black Friday 2021 Discounts!

Do you want to take your trading skills to the next level? Now you have a chance of leaping forward at attractive introductory rates. For Black Friday, FXStreet is offering discounts of up to 50% on its upgraded Premium plans. 

Subscribe now!

Majors

Cryptocurrencies

Signatures