"Foreign Exchange" Posts

The Benefit of US Dollar Rally

By Lawrence

US Dollar made a move against Canadian Dollar (Loonie) last week. Loonie forced to test its highest level over past 10 years. To put it in perspective, we are talking about a whopping 10% jump since the end of December and a enormous increase of 20% from the beginning of year 2014. First thing I […]

A Trader’s Perspectives On The Swiss Franc Unpeg Event

By Lawrence

Back in 2011, when SNB suddenly announced their decision to peg Swiss Franc to Euro, I commented that from that point in time, I would not touch anything related to Swiss Franc in my trading. Fast forward to the latest unpeg event, the decision is proven to be correct. However, I do not agree with […]

FXCM Is First Casualty of Latest Round of Central Bank Stupidity

By Lawrence

FXCM made a press release regarding their clients losing so much money due to the dramatic move in Euro / Swiss Franc that they owe FXCM approximately $225 million dollars. http://ir.fxcm.com/releasedetail.cfm?ReleaseID=891597 FXCM will likely survive this but what about the other forex brokerages? We will probably learn who else took a big hit over the […]

When One Bot Dominate the Forex Markets

By Lawrence

Bloomberg just revealed the allegation made by New York regulators against Deutsche Bank. http://www.bloomberg.com/news/2014-12-10/ny-regulator-said-to-probe-deutsche-bank-barclays-fx-algorithms.html?hootPostID=c3a0b99fe1cf5f2d282303c2f5580895 This is what you get when the bank created the bot in the first place and being the counter-party trading against you. The development from this event can drag on for years to come. The exposure, however, will further reduce the […]

Seasonal: Forex Majors In June

By Lawrence

Seasonal charts for the majors based on historical data from 1999 to 2012.

Forex Swing Bias: UK Official Bank Rate Bearish Play (At TraderPlanet)

By Lawrence

I have created a British Pound trading model that exploits the UK official bank rate announcement event. The article is now available from TraderPlanet.com. You can read the article at traderplanet.com. I will add the model to the Forex Signal reports so that premium members will be reminded of the trading setup automatically. Update: The […]