Boris Schlossberg
BKTraders and Prop Traders Edge
In this new video, I share three new ways to use ChatGPT for trading stock indices. This is a step-by-step tutorial on how you can create the perfect prompts from ChatGPT and implement it into TradingView for a customized indicator view. Whether you're a beginner or a seasoned trader, this video is your gateway to leveraging AI for market analysis, decision-making, and significantly enhancing your trading performance.
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 slumps below 1.1800 on hawkish Fed Minutes, eyes on ECB succession
The EUR/USD pair tumbles to a near two-week low around 1.1785 during the early Asian session on Thursday. The US Dollar strengthens against the Euro on hawkish FOMC minutes that revived speculation about potential interest rate hikes if inflation remains elevated.
GBP/USD extends decline as weak jobs data bolsters BoE rate cut bets
The Pound Sterling continued to backslide under sustained pressure on Wednesday, following through after the UK employment report on Tuesday showed a labour market deteriorating faster than expected.
USD/JPY: Bulls retain control around 155.00 amiid USD strength
USD/JPY consolidates the previous day's strong gains to around 155.00 early Thursday, with the bias remaining in favor of bulls as worries about Japan's fiscal health and the upbeat market mood continue to undermine the safe-haven Japanese Yen. Meanwhile, the FOMC Minutes showed that Fed officials remain split over the necessity and timing of further rate cuts amid concerns about inflation, which acts as a tailwind for the US Dollar and should support the currency pair.
Editors’ Picks
AUD/USD rebounds toward 0.7100 despite mixed Aussie jobs data
AUD/USD has picked up fresh bids toward 0.7100 despite the release of mixed Australian employment data, which showed that the economy added 17.8K new jobs in January and the jobless rate held steady at 4.1%, compared to a rise to 4.2% expected. The data does little to temper bets for additional tightening by the RBA, supporting the Aussie. The US Dollar, on the other hand, preserves the overnight gains led by less dovish FOMC Minutes, which could cap the upside for the currency pair.
USD/JPY: Bulls retain control around 155.00 amiid USD strength
USD/JPY consolidates the previous day's strong gains to around 155.00 early Thursday, with the bias remaining in favor of bulls as worries about Japan's fiscal health and the upbeat market mood continue to undermine the safe-haven Japanese Yen. Meanwhile, the FOMC Minutes showed that Fed officials remain split over the necessity and timing of further rate cuts amid concerns about inflation, which acts as a tailwind for the US Dollar and should support the currency pair.
Gold consolidates the rebound below $5,000, US data eyed
Gold price consolidates the previous rebound below $5,000 in the Asian session on Thursday. The precious metal recovered on Wednesday amid shifts in geopolitical sentiment, boosting safe-haven demand. Traders will keep an eye on the release of US Initial Jobless Claims, Pending Home Sales data, and the Fedspeak later on Thursday.
Bitcoin approaches a critical zone: Bear pennant projects $56,000
Based on the most recent analyses from February 2026, the short answer is that it is highly unlikely that Bitcoin will reach $100,000 this month.
Mixed UK inflation data no gamechanger for the Bank of England
Food inflation plunged in January, but service sector price pressure is proving stickier. We continue to expect Bank of England rate cuts in March and June. The latest UK inflation read is a mixed bag for the Bank of England, but we doubt it drastically changes the odds of a March rate cut.
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.