I heard someone say today that the market might remain in consolidation until the results of the Greek elections which I think is on Sunday 4 days from now. Then I saw this video about that also. Trading European Worries - CNBC
Sammy doesn't run any seminars. He just shared his experience on a call. But people will always complain when they hear about people doing well. Its normal and expected.
Apparently he's getting the job done by taking fewer trades and entering with a specific criteria that doesn't happen every day. Rookie Forex Trader Shocks The London Banking World Using This Simple Method - YouTube
I saw two news items about the Indian Rupee and Indonesian Rupiah falling forever.
I know no one trades these including myself.
But if you look at a chart you can see an end of downtrend just about to form. Typical reaction for the public and media to say they are going to start falling right...
A guy I know through a trading group in Portland has a method and said he gets a 20% increase once a month every non farm payroll. But I agree that its better to focus on the natural movements that are always forming instead of just the chaos that happens at news time.
Anyone trade the news? Sometimes seems kind of risky but some people make a full time business out of just trading major news. Here's a video I just saw from CNBC currency on how to trade the jobs report. News Headlines