Awards 2013

In this episode of The Traders Podcast, your host Rob Booker responds to a tweet he received from someone who said he’d love to be a long-term trader, but his scalper mentality doesn’t work well with long-term trades. So, as one might expect, Rob launches into all the possible definitions of “scalping” and a little history on the word’s unpleasant origins. Then Rob explores scalping in the trading sense and examines a few reasons why this sort of scalping can be problematic (though, admittedly, not nearly as problematic as the brutal war-time practice). Nevertheless, Rob also briefly addresses what constitutes effective short-term trading and promises a future episode on this topic. Tune in and enjoy, and thanks for listening to The Traders Podcast.

Player Rob Booker

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Editors’ Picks

EUR/USD clings to recovery gains below 1.0400 ahead of German inflation

EUR/USD clings to recovery gains below 1.0400 ahead of German inflation

EUR/USD is holding onto recovery gains below the 1.0400 mark heading in early Europe. The renewed sell-off in the US Dollar amid the China reopening optimism underpins the Euro. Focus shifts to ECB-speak and Germany's inflation data. 

EUR/USD News

GBP/USD flirts with 1.2000 with eyes on BOE’s Bailey, Fed talks

GBP/USD flirts with 1.2000 with eyes on BOE’s Bailey, Fed talks

GBP/USD is cheering a broadly weaker US Dollar amid firmer sentiment while holding higher ground near 1.2000 in early European trading hours. China's reopening optimism spurs risk flows and boosts the risk-sensitive GBP ahead of Bailey's testimony and Fedspeak. 

GBPUSD News

USD/JPY drops back closer to 138.00 mark, fresh daily low amid sustained USD selling

USD/JPY drops back closer to 138.00 mark, fresh daily low amid sustained USD selling

The USD/JPY pair fails to capitalize on the previous day's recovery from the 137.50 area, or a three-month low and meets with a fresh supply on Tuesday. The intraday selling picks up pace during the early European session and drags spot prices back closer to the 138.00 mark in the last hour.

USDJPY News

Editors’ Picks

EUR/USD clings to recovery gains below 1.0400 ahead of German inflation

EUR/USD clings to recovery gains below 1.0400 ahead of German inflation

EUR/USD is holding onto recovery gains below the 1.0400 mark heading in early Europe. The renewed sell-off in the US Dollar amid the China reopening optimism underpins the Euro. Focus shifts to ECB-speak and Germany's inflation data. 

EUR/USD News

GBP/USD flirts with 1.2000 with eyes on BOE’s Bailey, Fed talks

GBP/USD flirts with 1.2000 with eyes on BOE’s Bailey, Fed talks

GBP/USD is cheering a broadly weaker US Dollar amid firmer sentiment while holding higher ground near 1.2000 in early European trading hours. China's reopening optimism spurs risk flows and boosts the risk-sensitive GBP ahead of Bailey's testimony and Fedspeak. 

GBPUSD News

Gold recovery needs acceptance above $1,760

Gold recovery needs acceptance above $1,760

Gold price picks up bids to reverse the previous day’s losses amid cautious optimism in the financial markets. Easing in China Covid numbers, efforts to defend reality sector join downbeat US Dollar to favor Gold buyers. Hopes of more positives from China signal further upside. 

Gold News

Can XRP price kick-start 30% upswing if China removes zero-Covid restrictions?

Can XRP price kick-start 30% upswing if China removes zero-Covid restrictions?

XRP price shows that it is taking its sweet time to overcome and sustain above a crucial resistance level. It could catalyze a quick run-up.

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Hawkish Fed speak adds to marco headwinds

Hawkish Fed speak adds to marco headwinds

St. Louis Fed President James Bullard said in an online event that the Fed will need to hike rates into next year and that there is still "a ways to go" before a policy is "restrictive."

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