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Monday, July 21, 2014

A Brave New World

Its been quite a long while since my last post. Many things have happened both in the FX world and in mine so there wasn't that much time to post.

I haven't stopped trading though and because of my disgust at the brazen market manipulation, I resorted to scalping. This was a decision that proved to be a wise one because the market has been quite volatile.

Thankfully, there was a bit of a crackdown on market manipulators which can be seen in the smaller swings in currencies.

However, evidence still points to manipulators particularly when economic data is expected. Good data has sent a currency plunging which simply shows that a new strategy of trading forex is needed if one is to survive.

As the post title says, its a brave new world of trading and in truth, it is, now more than ever, something that only the brave should do.


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