Weekly Review Despite growing concerns of military conflict between the US and IRAN and despite relatively hawkish FOMC minutes, the market's mood was quite calm during the week starting Monday 16 February. The price of oil rose but aside from that, there was no reaction, from stocks and currencies (for
Trade photo and explanation The fall out from today's tariff decision could be long and complicated. But the initial reaction is USD weakness as the market ponders if and how tariff revenue will be paid back. I've chosen to jump on the USD weak momentum. Longing the GBP based on
Friday 20 February All week I've been reading about potential military escalation between the US and IRAN, which is potentially very scary but (as yet) the rhetoric hasn't shown up in the 'price action' of the currencies, or the stock market for that matter. JPY strength continues
Psychology lesson: Understanding your 'inner peace'. For what feels like an eternity, I've been working on a new book of sorts. The consistent profits Forex course. Here is a draft of the psychology section. A lot of you will recognise the sentiment from my original book but I hope you take something from it.
Weekly Review AI concerns once again dominated the narrative during the week starting Monday 9 February. The week started fairly serenly as the previous Friday's positivity was carried over. But by Wednesday, concerns over how many jobs AI will ultimately replace started to grip the market. Sentiment remained subdued for
Weekly Review A tech sell off dominated the headlines during the week starting Monday 2 February. Not long ago I was celebrating the fact earnings season was slipping under the radar, that came to a halt as Microsoft's AI spending came under scrutiny, the theme continued this week with Amazon
