FXStreet Expert Contributor
FXStreet
In Episode 114 of The Traders Podcast, your host Rob Booker catches up again with 20-year-veteran trader and technical analyst Brian Shannon, the author of the blog Alpha Trends.net and the author of the book “Technical Analysis Using Multiple Time Frames.” Rob and Brian discuss trading stocks and some of the finer points to their decision-making process. They talk about the nature of fear — the fear that traders commonly experience, as well as the converse, having fearlessness in approaching the market. Brian explains why he generally isn’t fearful about a position, except for one sort of stock type that Brian is a little leery of…
In Episode 114, you’ll also hear about specializing in setups and opportunities, as well as some steps for minimizing the emotional aspects of having your money on the line. You’ll also hear Rob expound on the dangers of getting married to the story that you’ve sold yourself about a particular stock. This show is a must-listen! Tell your friends!
In Episode 114, you’ll also hear about specializing in setups and opportunities, as well as some steps for minimizing the emotional aspects of having your money on the line. You’ll also hear Rob expound on the dangers of getting married to the story that you’ve sold yourself about a particular stock. This show is a must-listen! Tell your friends!
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Editors’ Picks
EUR/USD stays below 1.0700 after US data
EUR/USD stays in a consolidation phase below 1.0700 in the early American session on Wednesday. The data from the US showed a strong increase in Durable Goods Orders, supporting the USD and making it difficult for the pair to gain traction.
GBP/USD fluctuates near 1.2450 in choppy session
GBP/USD is keeping its range near 1.2450 in the second half of the day on Wednesday. Although upbeat Durable Goods Orders data helps the USD hold its ground, the improving risk mood helps the pair to limit its losses.
USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom
USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap.
Editors’ Picks
EUR/USD stays below 1.0700 after US data
EUR/USD stays in a consolidation phase below 1.0700 in the early American session on Wednesday. The data from the US showed a strong increase in Durable Goods Orders, supporting the USD and making it difficult for the pair to gain traction.
USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom
USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap.
Gold trades on the back foot, manages to hold above $2,300
Gold struggles to stage a rebound midweek following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% after US data, not allowing the pair to reverse its direction.
Worldcoin looks set for comeback despite Nvidia’s 22% crash Premium
Worldcoin price is in a better position than last week's and shows signs of a potential comeback. This development occurs amid the sharp decline in the valuation of the popular GPU manufacturer Nvidia.
Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out Premium
While it is hard to predict when geopolitical news erupts, the level of tension is lower – allowing for key data to have its say. This week's US figures are set to shape the Federal Reserve's decision next week – and the Bank of Japan may struggle to halt the Yen's deterioration.
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