After my last two spot-on calls on the EUR/USD, here's the next one, plus a video on why you shouldn't pay any attention to it: My feeling is that since everyone expects the EUR/USD to correct right now, it won't but will instead move up for another day or two. Again I won't trade on this, actually I'll probably be short again tomorrow... And here's the video why you shouldn't care about any marke...
Today we had the long awaited ECB press conference and Draghi did his thing by surprising traders with their decisions. This is what happened so far (13:00 NY Time) and as you can see the volatility hasn't been that high for weeks with EUR/USD moving 400 pips intraday. So what to do on such a day where you can expect higher volatility than usual? Take trades or not? For me it's a no-...
I received the following email: Hey Joe! I’m ready to give up. When I found out that statistically most traders are losers, I wonder what chance I have of ever making it. You have every chance of making it. You are not everyone else, you are you. Statistics and those who use them may predict, but you alone determine whether you will succeed or fail. You alone are in control; take responsibil...
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