Will Hunting
Trading with Deadly Accuracy
Summary
Many trading texts are devoted to the theme of what makes a successful trader, their qualities, attributes and anecdotal evidence linking a 3 mile run before breakfast to an 8% increase in equity before lunch. I’ve always been more interested in what makes a successful trade, its qualities and attributes. The game is called investing. It’s not a game dependent on the roll of a dice. It’s a strategy game which requires thought. The quality of the judgement that we pass determines the outcome. Join me for a no-holds-barred review of the foreign exchange market at the start of the trading week. Learn to establish bias, define risk, interpret buyer/seller behaviour and execute trades with ruthless precision.Latest Live Videos
Editors’ Picks
AUD/USD now shifts its focus to 0.6700
AUD/USD advanced for the third consecutive session on Wednesday, reaching four-month highs in levels shy of the 0.6700 hurdle ahead of the release of the key labour market report in Australia on Thursday.
EUR/USD looks bid and retargets 1.0900
The strong CPI-driven pullback in the Greenback allowed EUR/USD to maintain its multi-session rebound well in place, approaching the key 1.0900 region on Wednesday.
Gold reaches fresh monthly highs, aims for $2,400
Gold trades modestly higher on the day above $2,360 in the American session. The data from the US showed that annual inflation edged lower to 3.4% in April as expected. The benchmark 10-year US Treasury bond yield stays in the red below 4.4%, allowing XAU/USD to keep its footing.
Bitcoin price reclaims territory above $64K after April CPI release
Bitcoin (BTC) price has shown strength, displaying a god candle on Wednesday during the early hours of the American session. Notably, it is an interesting turn considering how poorly BTC has been performing during this session in the recent weeks.
April CPI: It's a start
The first CPI report of Q2 should be seen as welcome news by the FOMC. The headline CPI rose 0.3% in April, a tenth below consensus expectations, while the core CPI also increased 0.3%, in line with expectations but a downshift from the pace registered in Q1.