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Crude Oil Falls Below $101

posted by Avatar JayP 1353 days ago in USD, Oil made popular 1353 days ago

Oil plunged again on Thursday and threatened to cross below the key $100 a barrel mark. Light sweet crude for October settlement closed at $100.87, down $1.71 on the session. Prices dipped as low as $100.10 in mid-morning trading. read more
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Dollar Rises to One-Year High Against Euro on Global Outlook

posted by Avatar JayP 1353 days ago in USD, GDP made popular 1353 days ago

The dollar rose to a one-year high against the euro on signs global growth is slowing, and the yen strengthened on speculation investors will sell higher-yielding assets funded by loans in Japan. read more
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CNBC: Don't Rule Out Another Fed Rate Cut This Year

posted by Avatar odell 1353 days ago in USD, Special, Inflation made popular 1353 days ago

Though there’s virtually no chance the Fed will change interest rates at its meeting next Tuesday, there’s a growing likelihood it will make subtle changes in the language of its policy statement, placing greater emphasis on the risks to growth t read more
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Canadian Dollar Falls as Report May Say Trade Surplus Shrank

posted by Avatar MarcB 1353 days ago in CAD, Fundamental, Trade made popular 1353 days ago

The Canadian dollar fell before a government report that may show the nation's trade surplus shrank in July as crude oil prices during the month declined for the first time since March. read more
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New Zealand Cuts Rates, Euro Falls

posted by Avatar MarcB 1353 days ago in USD, EUR, NZD made popular 1353 days ago

The Euro broke 1.40 following the Reserve Bank of New Zealand interest rate decision as traders realized that the European Central Bank could cut interest rates over the next few months. Despite the hawkishness of ECB President Trichet, it should read more
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MOT #54 - Use Circumstances to Build Discipline

posted by Avatar wiredprg 1360 days ago in Trading Psychology

Don't forget to check out the new Mind of a Trader blog!http://www.tradingpostfinancial.com/mot-------One of the greatest stumbling blocks to achieving success in the important aspects of life is circumstances.We seem... read more
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MOT #56 - Small Steps Lead to Better Things

posted by Avatar wiredprg 1360 days ago in Trading Psychology made popular 1353 days ago

Don't forget to check out the new Mind of a Trader blog!http://www.tradingpostfinancial.com/mot-------It is always easy to hesitate, to slow down or to even quit.However, many of us might be looking at situations and ... read more
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Automatic Systems Take the Fun Out of Trading Forex

posted by Avatar thegearedinvestor 1372 days ago in Sentiment, Special, Trading Psychology made popular 1369 days ago

This article outlines how trading forex with an automatic system can be boring and distracting. But not for the reasons you think. Read about my journey as I dance with the devil and tried to fend off insanity with an automatic system. read more
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How to Recover from a Bad Trade

posted by Avatar thegearedinvestor 1374 days ago in Sentiment, Trading Psychology made popular 1374 days ago

My experiences and recommendations on what to do when you make a horrible trade. Believe me, they help more than I ever would have imagined before I really got into trading psychology to keep my sanity while trading forex. Enjoy! read more