The hardest part of trading isn’t reading a chart—it’s doing absolutely nothing
The hardest part of trading isn’t reading a chart Hi FMP members The key reason I’m holding off on posting Earth and Sky zones today is the upcoming red‑flag news for the Australian dollar: the Reserve Bank of Australia’s rate decision. This event often...
Why is Wednesday an expensive day in FX
Why is Wednesday an expensive day in FX Hi FMP members. Last week Wednesday I took a counter short on the Euro/JPY pair from the WR2 pivot point – the chart above. The trade setup had everything going for it and I was happy taking it. Double top – We had...
The best setup is a calm mind
The best setup is a calm mind This is an article written by our long term trader/mentor Pierre. Hi Members, I’m feeling pretty tired and stressed today. Our youngest just headed back to school, and the other three are back at university—all in different towns—after a...
What do you mean – they look the same?
What do you mean – they look the same? Late Thursday night (5 February), Ashley asked me in the forum for my thoughts on the EUR/NZD. Technically, the pair had everything going for a short, but it was a bit too late in the week for my liking. I generally avoid...
