Kathy Lien
BKTraders and Prop Traders Edge
In this video, I break down the #1 mistake retail swing traders make (trading the chop instead of waiting for perfect order setups) and walk through my complete 5-step framework for swing trading in 2026. Whether you're trading forex, gold, or indices while working a full-time job, this system helps you catch 2-3X risk/reward moves without being glued to the screens.
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 falls toward 1.1850 due to safe-haven demand
EUR/USD rapidly reverses course and hits fresh YTD tops near 1.1780 at the end of the week. The pair’s U-turn comes on the back of the intense sell-off in the Greenback amid the generalised risk-on context.
GBP/USD stays elevated near four-month top, above mid-1.3600s amid a broadly weaker USD
The GBP/USD pair retreats a few pips from its highest level since September 2024, around the 1.3680 region touched during the Asian session, and fills a modest bullish gap opening at the start of a new week. Spot prices currently trade with modest intraday gains, above mid-1.3600s, and seem poised to appreciate further.
USD/JPY slumps below 155.00 amid intervention speculation
The USD/JPY pair extends its decline to around 154.75, the lowest since December 17, during the early Asian session on Monday. The Japanese Yen strengthens against the US Dollar amid heightened alert of Japanese intervention to halt the currency’s recent slide. The US November Durable Goods Orders report is due later on Monday.
Editors’ Picks
AUD/USD climbs further beyond 0.6900 amid USD sell-off
AUD/USD opens with a modest bullish gap at the start of a new week, hitting a fresh high since September 2024 as the so-called 'Sell America trade ' drags the US Dollar to a four-month trough. Apart from this, dovish Fed expectations further exert pressure on USD, while RBA rate hike bets underpin the Aussie. Bulls, however, might opt to move to the sidelines ahead of the crucial two-day FOMC meeting, starting on Tuesday.
USD/JPY slumps below 155.00 amid intervention speculation
The USD/JPY pair extends its decline to around 154.75, the lowest since December 17, during the early Asian session on Monday. The Japanese Yen strengthens against the US Dollar amid heightened alert of Japanese intervention to halt the currency’s recent slide. The US November Durable Goods Orders report is due later on Monday.
Gold soars to record high near $5,050 amid geopolitical tensions
Gold price rises to a fresh record high near $5,045 during the early Asian session on Monday. The precious metal extends its upside amid geopolitical risks and concerns over the US Federal Reserve.
Week ahead: Fed and BoC meet amid geopolitical upheaval and Trump’s Fed pick
Fed to likely go on pause after three straight cuts. BoC is also expected to stand pat. But will Trump steal the limelight by revealing his Fed chair nomination? Eurozone GDP and Australian and Tokyo CPI to be watched too.
Tariffs as statecraft: Escalation to retraction on Greenland
Although the U.S. administration has walked back its proposed tariff package on major European economies, the episode still marks a significant escalation in transatlantic tension.
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.