Kathy Lien
BK Asset Management
In this video I talk about the 5 important steps to designing a trading strategy
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD holds firm above 1.0700 Premium
EUR/USD managed to hold on to its recovery from monthly lows, hovering around 1.0730 ahead of the Asian session. The US Dollar is having a mixed performance amid cautious markets, as investors await news on the debt limit drama.
GBP/USD returns above 1.2400 as USD Index retreats ahead of US Employment/Fed’s Beige Book
The GBP/USD pair has rebounded above the round-level resistance of 1.2400 after a steep correction in the early Tokyo session. The Cable has climbed back above 1.2400 as the US Dollar Index (DXY) has retreated from 104.20.
USD/JPY trades with modest losses below mid-140.00s, downside seems limited
The USD/JPY pair pulls back from a six-month high touched earlier this Tuesday and turns lower for the second successive day. Spot prices slide below the mid-140.00s during the first half of the European session, though any meaningful corrective pullback still seems elusive.
Editors’ Picks
AUD/USD grinds above 0.6500 on hawkish RBA’s Lowe ahead of China PMI, Aussie inflation
AUD/USD picks up bids to pare the previous day’s losses around 0.6520, after snapping a two-day uptrend, as Reserve Bank of Australia (RBA) Governor Philip Lowe sounds hawkish on early Wednesday in Asia.
EUR/USD holds firm above 1.0700 Premium
EUR/USD managed to hold on to its recovery from monthly lows, hovering around 1.0730 ahead of the Asian session. The US Dollar is having a mixed performance amid cautious markets, as investors await news on the debt limit drama.
Gold juggles around $1,960 after a rally inspired by US Dollar’s correction
Gold price has turned sideways around $1,960.00 after failing to extend a rally above $1,963.70 in the early Asian session. A quick rally in the Gold price came after a vertical sell-off in the US Dollar Index (DXY).
CFTC warns of product range expansion risks as the securities offering debate continues
The United States Commodities Futures Trading Commission (CFTC) released a staff advisory letter on May 30, addressing registered derivatives clearing organizations (DCOs) and DCO applicants.
US: Confidence shaken amid early tremors in job market
Consumer confidence slipped slightly in May, and while the weakening may reflect short-term worries about the debt ceiling, the more interesting developments reveal how the sand is shifting under consumers' feet.
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