Towards the end of the year we tend to review its ups and downs and start planning for the new one. Whether its a pledge to eat more healthy food, learn something new or improve your trading, everything seems to be possible to achieve when we're standing on the verge of another new year. So while you compile your own list of resolutions have a look at what some of the FXstreet.com contributors expect to achieve in 2014. Maybe you will discover you have similar goals or maybe they will give you inspiration. Aren't you curious?
Check previous year's experts resolutions!
- 2012
- 2011
- 2010
Ed Ponsi
- Do More For Others
- Diversify My Holdings
- Enjoy Life More
Carol Harmer
- Try and Teach The Retail Trader How To Trade Profitably
- Explain That There Are Many Markets To Trade..Creating Missed Opportunities
- Make The Time To Write A Book
Valeria Bednarik
- Go back to the basics
- Write a book
- Finish my house
Joseph Trevisiani
- Stop Being Reflexively Contrarian
- Remember that in Writing the Hardest Part is Starting
- Give More of Myself
Kathleen Brooks
- Stop trying to make the market fit my strategy
- Stay disciplined
- Join the community
Navin Prithyani
- Setup technological platforms to allow others to duplicate my trades
- Setup a branch of my firm in Toronto, Canada
- Get more media attention for my firm
Ilian Yotov
- Enjoy another year with my family
- Launch my new currency management company AIMfx
- Expand my efforts to grow personal philanthropy and inspire others
Dr. S. Sivaraman
- Develop more strategic trading techniques and fine tune market reading
- Create more awareness among traders about reality of forex market
- Try and develop more patience and perseverance
David Pegler
- Be More Available
- Don’t underestimate funny money
- Enjoy trading again
Bradley Gilbert
- Make our professional training package more accessible for all traders.
- Increase our FUM to $25 Million
- Open our Asian headquarters in Beijing
Tarik Chebib
- Trust your gut feeling
- Understand the drivers of the US economy better
- Diversify my goals again
David Cooney
- Finalise the Financial Conduct Authority (FCA) regulation process for MahiFX
- Finish my fixed wing instrument rating
- Figuring out a remedy for the daily 5 AM wake-up call courtesy of my four-year-old daughter
Matt Simpson
- Gauge market sentiment using fundamental information
- Improve Efficiency
- Increase Exercise
James Stanley
- Don’t manage every position aggressively
- Avoid the Noise
- Be more balanced
Editors’ Picks
EUR/USD hits two-day highs near 1.1820
EUR/USD picks up pace and reaches two-day tops around 1.1820 at the end of the week. The pair’s move higher comes on the back of renewed weakness in the US Dollar amid growing talk that the Fed could deliver an interest rate cut as early as March. On the docket, the flash US Consumer Sentiment improves to 57.3 in February.
GBP/USD reclaims 1.3600 and above
GBP/USD reverses two straight days of losses, surpassing the key 1.3600 yardstick on Friday. Cable’s rebound comes as the Greenback slips away from two-week highs in response to some profit-taking mood and speculation of Fed rate cuts. In addition, hawkish comments from the BoE’s Pill are also collaborating with the quid’s improvement.
USD/JPY drops back below 157.00, as focus shifts to Japan snap election
USD/JPY is back in the red below 157.00 in the Asian session on Friday. The Japanese Yen recovers ground against the US Dollar amid some profit-taking ahead of Japan's snap general election on Sunday. The preliminary reading of the Michigan Consumer Sentiment Index report for February will be released later on Friday.
Editors’ Picks
EUR/USD: US Dollar to remain pressured until uncertainty fog dissipates Premium
The EUR/USD pair lost additional ground in the first week of February, settling at around 1.1820. The reversal lost momentum after the pair peaked at 1.2082 in January, its highest since mid-2021.
Gold: Volatility persists in commodity space Premium
After losing more than 8% to end the previous week, Gold (XAU/USD) remained under heavy selling pressure on Monday and dropped toward $4,400. Although XAU/USD staged a decisive rebound afterward, it failed to stabilize above $5,000.
GBP/USD: Pound Sterling tests key support ahead of a big week Premium
The Pound Sterling (GBP) changed course against the US Dollar (USD), with GBP/USD giving up nearly 200 pips in a dramatic correction.
Bitcoin: The worst may be behind us
Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.
Three scenarios for Japanese Yen ahead of snap election Premium
The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans.
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