Jackie couldn't believe what was happening. Actually, the trade began on a positive note...so she thought. She had seen what she surmised was a price pattern; an ascending triangle, which looked to hit the top of the resistance line several... (Continue reading)
In September 2010, Citi conducted our fourth FX risk management practices study and received more than 300 responses. Major themes that emerged include: The majority of our respondents make risk management decisions and execute transactions using a cen...... (Continue reading)
The snug earphones provided a soothing auditory backdrop to Kathy's process. She was just sitting there in the quiet of her trading office with her back straight and her feet flat on the floor. To anyone passing her door, she... (Continue reading)
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The phone rang and rang and rang before he noticed it; and even then, he refused to answer it. He said to himself, "Whatever or whomever it is can wait." Just then, as he glanced across his data, he briefly... (Continue reading)
Emotions...they are part of the essentials of what make you human; as essential as the importance of opposable thumbs; for without emotions, as with your thumbs, you would not have the same quality and flexibility of responses. Now, what is... (Continue reading)
Karla frowned at her screen. The price action on the daily YM E-mini chart had been in a mature symmetrical triangle price pattern, and it was not going up as she had expected or as she had outlined in her... (Continue reading)
“We trade our psychology - our unseen beliefs and biases… The world the trader sees is colored by the mindset of the trader who observes the world. And this is where traders get in trouble.’’ – Rande Howell Hello: Robbie... (Continue reading)
Marvin stirred slightly as the unobtrusive ring of the alarm went off to let him know that his time was up. It was still very early in the morning as he was finishing another one of his important components of... (Continue reading)