Trading University Daily

Our good friend, trading associate, and fellow McGraw Hill author Carolyn Boroden, also known as The Fibonacci Queen, is always worth listening too. Her calm detailed approach to trading, coupled with her extensive real time experience makes her fellowship at Trading University a natural. S&P Time and Price Parameters: http://www.fibonacciqueen.com/public/706.cfm

GBPUSD looks to be on target to achieve it’s up-side objective of 163.50 once a close above 150.00 is secured. If a breach of 150 does occur, my guess is we will see a drop in volatiity, and a much slower move up than we witnessed on the way down. Jay Norris www.trading-u.com

The markets gave Central Bankers exactly what they wanted as a sharp rally in the former “carry trade” markets USDJPY, EURJPY & GBPJPY kicked off in the Tokyo session and carried through London and the U.S. session with U.S. Stock indices trading dutifully higher as well. These same pairs have been a proxy for stock [...]

With divergence between the Weekly and Daily trends on so many of the currency pairs, it’s been a good couple of weeks to polish up on the old counter-trend trading skills. Never a business to get too comfortable going in just one direction, I”m wondering if today’s hammer in USDJPY isn’t a harbinger of a [...]

At Trading Univeristy in Chicago we are dedicated to teaching you how to define and identify trend shifts on any time frame, and to use these occurences as trade signals.

I can’t stress enough to traders of all levels of experience the importance of the higher time frame charts. Having come up in the business from a trading floor environment where time frames are so compressed was definitely a handicap in becoming a screen trader, and then a trend trader. Because of that I know [...]