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Day: July 12, 2016
July 122016
E-Book Review: Enough to Be Dangerous by Brian McAboy
Although the field of trading psychology looks oversaturated at this stage, considering that we have such a jewel of the genre as Trading in the Zone by Mark Douglas, I would still like to share an e-book that offers an interesting approach to dealing with the psychological problems in trading. is a very short e-book written by Brian McAboy, a trading psychology coach and business consultant. Brian is also a founder of www.InsideOutTrading.com (warning: auto-playing video inside!) — a training […]
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July 122016
Great Britain Pound Jumps as Markets Welcome New Prime Minister
The Great Britain pound jumped today as the market sentiment continued to improve following the news about Britain getting a new Prime Minister. The currency demonstrated the biggest one-day gain since the huge drop after the Brexit vote. The sterling has strengthened since the announcement that Home Secretary Theresa May is going to replace David Cameron as the new Prime Minister. The initial reaction to the news was muted as the currency just trimmed its […]
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July 122016
Japanese Yen Drops on Expectations for More Stimulus
Japanese yen is heading lower today, thanks in large part to expectations for future stimulus. Risk appetite is on the rise today and that is having its impact on low beta currencies like the yen. However, the yen also has the added pressure related to the expectation that Shinzo Abe will be able to continue his stimulus measures. Over this past weekend, the upper legislative house in Japan held an election […]
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July 122016
Risk Appetite Sends US Dollar Lower Against Majors
US dollar is heading lower against its major counterparts today as risk appetite increases. Financial sentiment seems to be increasing around the world, Alcoa earnings are providing a shot in the arm for US stocks, and it appears tightening is off the table for the near term. Greenback is down today as the latest financial information helps spur a little extra risk appetite. Financial sentiment, even after the Brexit and in light […]
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