Boris Schlossberg
BKTraders and Prop Traders Edge
In this video, I reveal three game-changing ways ChatGPT can transform your trading performance, regardless of your experience level.
Key insights:
The complete market scanner: The precise prompt that compiles critical news events, economic data, and market-moving catalysts into an actionable weekly plan
The financial translator: How to get ChatGPT to explain complex market mechanics (like the dangerous "basis trade") in simple terms any trader can understand
The technical analysis command: The multi-timeframe analysis prompt that delivers professional-grade support/resistance levels, indicators, and specific trade ideas
You will have real examples of prompts to use immediately, showing exactly how ChatGPT can analyze news events, create economic calendars, explain sophisticated market concepts, and provide technical analysis with specific entry/exit points. Learn how to harness AI to develop a significant edge in your trading decisions.
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 steadies near 1.1750 ahead of final Eurozone CPI amid fading USD recovery
The EUR/USD pair steadies around the 1.1750 area during the Asian session on Wednesday, and for now, seems to have stalled the previous day's sharp retracement slide from the highest level since September 24. Meanwhile, the fundamental backdrop remains tilted in favor of bullish traders and suggests that the path of least resistance for spot prices remains to the upside.
GBP/USD gains ground above 1.3400 on UK PMI optimism
The GBP/USD pair gains momentum to around 1.3425 during the early Asian session on Wednesday. The Pound Sterling edges higher against the Greenback on the upbeat UK preliminary S&P Global Purchasing Managers' Index data. Traders will take more cues from the Fedspeak later on Wednesday.
USD/JPY weakens below 155.00 as BoJ rate hike speculation grows
The USD/JPY pair attracts some sellers near 154.80 during the early Asian session on Wednesday. The Japanese Yen strengthens against the US Dollar amid growing speculation that the Bank of Japan will hike rates to 0.75% on Friday.
Editors’ Picks
AUD/USD hangs near one-week low; downside seems limited
AUD/USD trades with a negative bias for the fifth straight day on Wednesday, just above a one-week low touched the previous day, as a weaker risk tone and China's economic woes undermine the Aussie. However, the RBA's hawkish stance could limit deeper losses. Moreover, bets for more rate cuts by the Fed in 2026 keep a lid on the attempted US Dollar recovery, warranting some caution for bearish traders ahead of US CPI on Thursday.
USD/JPY weakens below 155.00 as BoJ rate hike speculation grows
The USD/JPY pair attracts some sellers near 154.80 during the early Asian session on Wednesday. The Japanese Yen strengthens against the US Dollar amid growing speculation that the Bank of Japan will hike rates to 0.75% on Friday.
Gold advances to near seven-week highs amid US labor market cooling
Gold price extends its upside to near seven-week highs above $4,300 during the Asian trading hours on Wednesday. The precious metal gains momentum as the US labor market remains relatively resilient but shows signs of slowing. The mixed US employment report for November reinforces bets of further rate cuts by the US Federal Reserve and weighs on the US Dollar.
XRP dips as bearish pressure persists despite ETF growth
Ripple is finding footing above $1.90 at the time of writing on Tuesday after a bearish wave swept across the broader cryptocurrency market, building on persistent negative sentiment.
Ukraine-Russia in the spotlight once again
Since the start of the week, gold’s price has moved lower, but has yet to erase the gains made last week. In today’s report we intend to focus on the newest round of peace talks between Russia and Ukraine, whilst noting the release of the US Employment data later on day and end our report with an update in regards to the tensions brewing in Venezuela.
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The challenge: Timing the market and trader psychology
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