facebook  youtube  blogger

Trading Educators Blog

#1 Trading Blog Site

The Forex Trump Trade & Synthetic FX Pairs

One of the hottest topics right now is the ongoing US election and how it will affect the currency markets. If we take Trump by his words, there’s no surprise two currencies should definitely be affected strongly by a winning Trump, the Mexican Peso (MXN due to his plan to build a wall between the US an Mexico) and the Russian Ruble (RUB as Trump wants to get closer to Russia). Therefor the ultima...

Continue reading
  2494 Hits

Why Pips Don’t Matter!

On a regular basis I get questions regarding Forex Trading in general or AlgoStrats:FX like: - How many Pips do you make per month? - How many Pips does a good trader make per month? - Does your Strategy make 100 Pips a week? Additionally to that, there’s advertisements all around that promise traders 1000 pips a month or performance reports that look like this: This month trades: 27 Sep: GBP/NZD ...

Continue reading
  3081 Hits


What’s better to trade the currency markets? Trading Futures or Forex? This is the question I try to answer in my new video, where I briefly discuss the major differences between trading Futures and Forex from my perspective. At the end though there’s no “right” answer to that question, as it really depends on your needs.

  3233 Hits

Genesis Trade Navigator FX Data issues and how to fix them

Since many of you are using Genesis Trade Navigator, I thought this might be of interest. I personally use TN mostly for Futures Data, and only sometimes for Forex data - when I just need a quick daily chart for example where I don't mind about a few pips difference. But I don't use their spot Forex Data for backtests. Last week Genesis changed the daily closing time of their FX data to 17:00...

Continue reading
  3448 Hits

Where's EUR/USD going?

Where's EUR/USD going?

There seems to be a massive obsession out there among traders about the EUR/USD, what's going on with it, where it's going and why. Whenever I go on twitter or Facebook or any of the financial news pages, I find at least a couple of posts on what's going on in that market, usually with some bogus comment on why. Classic one would be "EUR/USD moves higher after breaking through 1.1350" or "EUR/USD ...

Continue reading
  3251 Hits

Time to sell the JPY?

Hi Traders, after a much needed vacation I'm back from the hills where I could hike long enough to get all relaxed and clear headed again! Now back to the markets, when it comes to currencies, everyone is talking about the Yen these days, especially against the USD (USD/JPY). And yes the USD/JPY dropped quite significantly during the last two weeks, but for the Yen this isn't that unusual. Still i...

Continue reading
  2899 Hits

Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.