Here is USD/JPY (JPY analysis). image We can see that JPY is very strong , mostly because of higher risk sentiment that affects markets , last couple of months. Strong currency is very unwanted for economy that suffers from low inflation and ...

Electric Fennec Fox Journals

Today we have BOE *Bank of England) meeting . Very important event, good opportunity to short GBP. It is high probability that BOE will cut rates 25 bps. 50 bps cut would make aggressive selloff. Later USD/JPY analysis. At this moment what cought my ...

Electric Fennec Fox Journals

Speaking about JPY beat-down today , I will write one post tomorrow. I hope that this "trade of the year" would be possible this month.

Electric Fennec Fox Journals

Hi folks , I get some time to make this graph about yield curve. This is one tool that economist , bankers and market participants like. image What is the most important about this picture is curve , weather it tend to be horizontal (x axis) or it ...

Electric Fennec Fox Journals

Personally I don't like what I see at this moment. image Gold is up to 28 month high today. I mean, I'm bullish on gold but this is not a good economic picture. Tonight we have FOMC and I'm curious to see at this point what is FED attitude. Most ...

Electric Fennec Fox Journals

Hello folks, Now we are in the very interesting situation. The post Brexit era will be very dynamic with a great trading oppotunities. Now all central banks will be involved in actions . Especially BOE and ECB. FED is not excluded. But the main ...

Electric Fennec Fox Journals

It is now easy-noticeable that risk-aversion is increased due to Brexit vote next week. That is the major driver of JPY (as safe haven currency) rally. image Last night BOJ didn't take action ,so JPY rose 200 pips on most pairs. That was great JPY ...

Electric Fennec Fox Journals

Market is disappointed by todays NFP data. Just 35K job are added,which is the level last time seen in 2011. We can see from picture below that market erased interest rate hike completely. image image Have a nice weekend.

Electric Fennec Fox Journals

Today is ECB meeting . This is quartal meeting (meeting every 3 months , december - march - june - september ) The major ECB concern is INFLATION. Inflation March 2015 and March 2016 image Inflation today comparing to March . March -0.2% ,today ...

Electric Fennec Fox Journals

Again rush in bond yields! Market is pricing June interest rate hike . image Today we have last round of inflation data before June meeting. Oil is on the way to $50.

Electric Fennec Fox Journals

You have probably watched Janet Yellen speech or NOT , doesn't matter. The main line for markets is what she said about interest rates .Increase in interest rates would be probably appropriate in the coming moths. So now we have again confirmation ...

Electric Fennec Fox Journals

Well , tomorrow we have a very important data. So check your economic calendar for PCE (Personal Consumption Expenditures). PCE is inflation indicator and it is a part of GDP (Gross Domestic Product) report. PCE is significant not only because of ...

Electric Fennec Fox Journals

I will starting by analysing USD/JPY. Next month is very very very important. Here I'm trying to give you insight into so called "PRICING" ! Pricing is very important in FX market. On the long run interest rates are the major drivers for FX market. ...

Electric Fennec Fox Journals

I find two things as the major drivers to the success . First is relaxed brain and second is open mind. Relaxed brain to better dive into the understanding of the matter and open mind for learning new things (totally different from your current ...

The Big secret to trading success

Demo is the one of the greatest things in fx trading.

Is demo trading useless?