Short Term Gold Outlook: 3 Day Rally Sputters-Now What? Likely Drivers, Direction

Guidance for short term gold traders, gold’s technical, fundamental outlook and near term drivers Summary -Gold’s 3 day rally drove it above major intermediate term resistance levels, opening the chance for more gains… Continue reading

EURUSD Short Term News Trade Opportunity Tuesday: Strategy, Fundamental & Technical Considerations

How to trade the EURUSD given the key EURUSD events: German GDP, Greek IMF payment, US retail sales – our favorite simple short term news trade and how to play it -There are… Continue reading

EURUSD: Short Term Fundamental, Technical Outlook & Forecast

Fundamental drivers for the EURUSD unlikely to live up to their potential to move the pair, trading ideas for the coming 24-48 hours   Summary –Despite the apparent drama of US jobs reports… Continue reading

Gold & Silver Review/Preview: Recent Performance, Fundamental Drivers, Lessons, & Playing US Jobs Reports

A guide for short term gold and silver traders, ideas on trading Friday’s key events, particularly the US non-farms payrolls, unemployment rate, and average hourly earnings Summary -Gold and silver have been predictably… Continue reading

How Bad EU News Is Driving EURUSD Higher: Trade Ideas & Long Term Dangers

Despite rising Greek default risk that sent European indexes like the DAX plunging, the EURUSD is showing strength. Here’s why, to play it, and the longer term potential dangers for the EUR and… Continue reading

The Big 5 Short Term EURUSD Drivers

Key fundamental and technical EURUSD drivers to watch in the coming days. Ideas for short term EURUSD traders. A mid-week EURUSD outlook. Summary EURUSD in likely flat trading range in next 24-48 hours,… Continue reading

A Quick Explanation of Silver And Gold’s Recent Volatility and Likely Direction

Both gold and silver had major rallies and pullbacks this week. A simple guide for novice short term and day traders of precious metals for the days ahead Why the sudden rally in… Continue reading

Forex Day Traders’ Playbook: Near Term USD Outlook, Trades After GDP & FOMC Reports

Key facts, trade strategy, and ideas for trading the EURUSD, USDJPY, GBPUSD, AND USDCHF. A short guide for beginner intraday and short term USD forex pairs traders. Key facts, trading strategy, including risk… Continue reading

How To Trade The Week’s Major Event: The FOMC Statement

The pace and timing of the coming US interest rate hikes is arguably the key issue for global markets, particularly for currencies and bonds. Here’s a simple beginner’s look at how to trade… Continue reading

Gold’s Likely Direction And How To Profit In The Days Ahead

Gold traders got surprise as gold and silver both spiked Monday. Here’s a simple strategy for how to trade gold in the coming days, for intraday and short term gold traders. Gold and… Continue reading