Sam_Eder

Sam_Eder

One of the most important—and unusual—developments in the market right now is the combination of rising US bond yields and a falling US dollar. Normally, when bond yields go up, the dollar strengthens. It's similar to a high-interest bank account: if you can earn more by holding US assets, global investors tend to pile in, increasing demand for the dollar. But...

Sam_Eder

The Dollar Index is one of the most important charts right now. A weak dollar means looser financial conditions. This is good for US stocks, bitcoin and gold. The fundamentals are bearish. Both the US and China want a weaker dollar. There are issues in the US bond market, and it's a self-reinforcing cycle as US stock positions need to be currency hedged. The...

Sam_Eder

Hey, and Happy New Year! My name is Sam, and here are 25 lessons to help you have a great year of trading: 1. Set goals and make a plan to achieve them Start by setting specific goals for your trading, such as aiming for a 30% return. Then, write a set of rules to achieve those goals, including how often to trade and how much to risk. 2. Trade less Most...

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Sam_Eder

Hi guys, I'm trying something new here. In this video I explain what risk-off is and what causes it. I break down the recent yen carry trade and what went on there. It's good to study these events so that next time you have the knowledge in the bank. That way you can plan and make better decisions. Let me know if you like this sort of thing and I can do...

Sam_Eder Updated 

I turned 43 last week. I’ve been working for global brokerages and trading for 16 years. Here’s 43 things I wish I knew back then when I first started trading: 1. Start with your objectives first. I once asked a hedge fund manager what his advice for new traders is, and he said ‘get your objectives clear first.’ Set your goals first, and then create a plan to...

Sam_Eder

AUDCHF - Sell, Market Type Bull Normal

Sam_Eder

CADCHF - Sell, Market Type Sideways

Sam_Eder

EURUSD - Buy, Market Type Bull Normal

Sam_Eder

EURCAD - Buy, Market Type Bull Normal

Sam_Eder

EURCHF - Sell, Market Type Sideways

Sam_Eder

EURGBP - Short, Market Type Sideways

Sam_Eder

EURAUD - Sell, Market Type is bear normal

Sam_Eder

We like the odds of GBP weakness vs CHF and potentially CAD as well. MPC member Gertjan Vlieghe said he would vote for a cut in interest rates later this month if key data do not show a bounce in the economy. This breakout scenario looks compelling.

Sam_Eder

Off the beaten path, EurCad still remains a valid short opportunity after yesterday's bearish close in line with the overall trend. Ahead of NFP tomorrow there might not be much movement but Cad strength has been a theme all week, and the Loonie has been unperturbed by neither the Oil retreat or IVEY PMI. Selling at market near 1.4500 is good value for a test at...

Sam_Eder

Gold remains in a strong uptrend and has remained supported even though there is no further movement in the Middle East after Iran's retaliation. Reflation? Usd weakness? Whatever it is, buy Gold on dips. Subscribers were alerted to yesterday's buying opportunity. Today simply manage open positions.

Sam_Eder

The Aussie remains under pressure as bush fires keep a lid on sentiment. Signals for GBPAUD remain bullish in the short-term, and we favour longs on pullbacks to 1.8900. The immediate target is 1.9100

Sam_Eder

Signals for USDJPY remain bearish into the week, on the back of tensions in the Middle-East. We like shorts anywhere in the 108.00 to 1.0820 zone. Target is 107.00. As usual, keep your eyes/ears on the wires as these moves are headline-driven.

Sam_Eder

Sentiment turned negative last week and prices fell over 3 Big Figs forming a weekly bearish engulfing. This leaves signals bearish for the coming week and the call is to sell cautiously on the open and then at Tuesdays' low at 142.38. Targets are to the December 2019 bottom at 140.82, the November 2019 low at 139.30 or even the 61.8% retracement of the Q4...