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January 30, 2019

Money Management Rules for the Currency Market

Perhaps the most under-rated area when trading the currency market, money management is, in fact, the one thing that makes the difference between losing and winning. Profitability is the way traders keep score, but money management is the tool to achieve it. Managing money sounds like an exotic ...

EUR/USD Gains Traction, USD/JPY Facing Strong Resistance

EUR/USD started a nice upward move and traded above the 1.1400 resistance. USD/JPY is currently facing a strong resistance near the 109.40 level Important Takeaways for EUR/USD and USD/JPY The Euro recovered nicely and moved above the 1.1360 and 1.1400 resistance levels. There is a key ...