Kathy Lien
BK Asset Management
The #1 worst trading behavior is revenge trading. This short talks about how bad trading behaviors could sabotage your results.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD looks nervous ahead of the Fed meeting
EUR/USD traded with marked losses and added to Monday’s retracement following the pronounced rebound in the Greenback, all in response to tariffs chatter as well as caution ahead of the FOMC event.
GBP/USD meets support near 1.2400, Dollar remains firm
Fresh tariff headlines gave the Greenback an extra boost on Tuesday, fueling its rebound and putting pressure on risk-sensitive currencies. As a result, GBP/USD slid to the lower end of its weekly range near 1.2410, where it has encountered decent support so far.
USD/JPY regains 155.50 as Trump's tariff plans boost US Dollar
USD/JPY builds on the overnight bounce from a six-week low and regains 155.50 in Tuesday's Asian trading.Softer Japanese service-sector inflation data provided extra legs to the pair's recovery. Moreover, US President Donald Trump's tariff plans-led USD strength underpins USD/JPY.
Editors’ Picks
AUD/USD: Next on the downside comes 0.6200
AUD/USD extended its negative start to the week and dropped to five-day lows near 0.6230 on the back of the strong resurgence of the buying pressure in the US Dollar and rising threats of US tariffs.
EUR/USD looks nervous ahead of the Fed meeting
EUR/USD traded with marked losses and added to Monday’s retracement following the pronounced rebound in the Greenback, all in response to tariffs chatter as well as caution ahead of the FOMC event.
Gold nears $2,600 as investors gear up for the Fed
Trump’s tariff chatter, coupled with a rebound in European stocks and a more upbeat tone in US futures, helped Gold prices stage a solid recovery and partially offset Monday’s steep pullback, climbing above the $2,750 region on Tuesday.
Australia CPI expected to ease further in December, nearing RBA’s target
Australia will release fresh inflation-related data on Wednesday, and financial markets anticipate price pressures eased further at the end of 2024, paving the way for a Reserve Bank of Australia (RBA) interest rate cut when it meets in February.
Ethereum Price Forecast: DeFi founder says L2 roadmap is like “band-aid” and limits ETH value accrual
Ethereum (ETH) trades near $3,140 on Tuesday as it looks to attempt a recovery from the recent DeepSeek-triggered market decline. While traders are positioning for short-term volatility, a decentralized finance (DeFi) founder weighs in on Ethereum's Layer 2 roadmap.
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