Kathy Lien
BK Asset Management
Most traders lose money using RSI the textbook way - buying when it hits 30 and selling when it hits 70. But what if I told you there's a simple tweak that can turn RSI into a high-probability strategy? In this video, I reveal the "RSI Double Dip" method that helped me achieve a 7/7 win rate on EUR/USD and consistently profitable trades on gold.
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 faces the next support around 1.1600
EUR/USD comes under pressure and retreats for the fourth day in a row on Tuesday, coming closer to the key 1.1600 neighbourhood amid a decent rebound in the US Dollar ahead of the largely expected 25 basis point rate cut by the Federal Reserve on Wednesday.
GBP/USD extends mean reversion as investors brace for Fed
GBP/USD eased back toward the midrange on Tuesday, shedding around one-fifth of one percent after facing an intraday technical rejection from the 1.3350 level. Price action has slumped back into the 1.3300 handle and is holding just north of the long-term 200-day Exponential Moving Average near 1.3250 as markets hunker down for the last Federal Reserve (Fed) interest rate decision of 2025.
USD/JPY drops from 157.00 as Japanese Yen recovers
USD/JPY retreats from two-week highs near 157.00 in the Asian session on Wednesday. The pause in the US Dollar upswing, combined with a broad recovery in the Japanese Yen, drags the pair lower. Markets turn cautious and turn to the safe-haven Japanese Yen, bracing for the Fef policy announcements.
Editors’ Picks
AUD/USD falls toward 0.6600 after dismal China's inflation data
AUD/USD has come under modest selling pressure and heads toward 0.6600 in Wednesday's Asian trading. The Aussie faces fresh headwinds from the persistent deflationary environment in China. Meanwhile, the US Dollar holds the recent upside, adding to the weight on the pair ahead of the Fed decision.
USD/JPY drops from 157.00 as Japanese Yen recovers
USD/JPY retreats from two-week highs near 157.00 in the Asian session on Wednesday. The pause in the US Dollar upswing, combined with a broad recovery in the Japanese Yen, drags the pair lower. Markets turn cautious and turn to the safe-haven Japanese Yen, bracing for the Fef policy announcements.
Gold defends key 61.8% Fibo level ahead of the Fed showdown
Gold is defending the $4,200 mark early Wednesday, having staged a decent comeback on Tuesday from near the $4,170 region. Traders gear up for the all-important US Federal Reserve policy announcements.
Crypto bulls return as Bitcoin eyes breakout, Ethereum surges, Ripple strengthens
Bitcoin, Ethereum and Ripple are showing renewed strength at the time of writing on Wednesday as bullish momentum returns to the broader crypto market. BTC is edging toward a key resistance level that could trigger a breakout, ETH has surged above its descending trendline, while XRP is holding steady above key support — all signaling potential for further upside in the upcoming days.
Global economic outlook 2026: Financial system risk, trade, public debt
The global and European economies have been resilient in recent years even accounting for the modest global slowdown of 2025. But risks for the recovery are rising, underscoring a negative medium-run global macro and credit outlook.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
I’m often mystified in my educational forex articles why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. After working in investment banks for 20 years many of which were as a Chief trader its second knowledge how to extract cash out of the market.
5 Forex News Events You Need To Know
In the fast moving world of currency markets where huge moves can seemingly come from nowhere, it is extremely important for new traders to learn about the various economic indicators and forex news events and releases that shape the markets. Indeed, quickly getting a handle on which data to look out for, what it means, and how to trade it can see new traders quickly become far more profitable and sets up the road to long term success.
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and selling pressure. Chart patterns have a proven track-record, and traders use them to identify continuation or reversal signals, to open positions and identify price targets.
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The challenge: Timing the market and trader psychology
Successful trading often comes down to timing – entering and exiting trades at the right moments. Yet timing the market is notoriously difficult, largely because human psychology can derail even the best plans. Two powerful emotions in particular – fear and greed – tend to drive trading decisions off course.