Trading University Daily

Regardless of the short-term implications of the current battle between speculators and the ECB over the direction of the EURUSD, the long-term economic prospects look much brighter for the U.S. economy than the European economy from the perspective of the most important fundamental input: demographics. While it is important for an economy to have a [...]

I have learned many things while conducting Live Market Exercise for our clients and the most important is expect simplicity. Today we focused on GBPUSD for the same reason I focus on most markets, because it was aligned on its higher time frame trends. From there it’s just a matter of waiting for a price dip [...]

The first thing I do every morning, before opening my screen to the clients, is make a determination as to which currency markets are in uptrends, and which currencies are in down-trends. I rely on the current direction of both the Weekly and Daily charts to make this determination.  Once I have qualified the markets by direction, I open up the shop. Today was [...]

Directional trading, also known as discretionary trading, is what most retail traders strive to succeed at. In this type of trading the traders attempt to figure out the market’s current direction, and either position themselves in that direction at the most opportune time, or wait till the market changes direction and position themselves to be [...]

Daily Forex Report for 9/2/10  Click the link below to view Jay’s Daily Forex Report for 9/2 where he covers the major currencies and the U.S. stock market. http://link.brightcove.com/services/player/bcpid86410614001?bctid=602060804001 Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...]

Daily Forex Report for 8/30/10  Click the link below to view Jay’s Daily Forex Report for 8/30 where he covers the major currencies and the U.S. stock market. http://link.brightcove.com/services/player/bcpid86410614001?bctid=599609582001 Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...]