What’s The Price?
This Week’s Key FX Prices

The dollar flexed its muscles last week, leaving most major currencies on the ropes. The yen, loonie, and franc joined the dollar’s winning streak, while the pound, euro, kiwi, and aussie stumbled their way into the weekend. Safe to say, the greenback was the life of the party!

This Week In FX
Does Technical Trading Actually Work?

Let’s be real. If you’ve seen any of our content or social media, you’ve probably seen flashy charts and traders hyping up technical analysis as the ultimate hack for market success. But does it deliver results, or is it just another hustle in the world of trading?

The truth? Technical trading can work, but it’s no magic wand. It’s all about analysing price charts, patterns, and indicators (think RSI, moving averages, and trendlines) to predict where the market might go. Sounds simple, right? The catch is that these tools only tell part of the story. Markets are influenced by so much more (news, emotions, and even random tweets from billionaires).

Here’s the thing: technical analysis shines in liquid markets, like forex and stocks, where trends and patterns are easier to spot. But even then, it’s not perfect. Indicators use past data, so they can lag behind what’s actually happening. And let’s not forget the chaos of market news, one unexpected headline can throw even the most well-planned trade out the window.

So, what’s the move? The real winners combine technicals with the bigger picture. For example, spotting a breakout on the charts is way more convincing when it lines up with positive news about the economy or a central bank decision. Add solid risk management (like stop-loss orders and wise position sizes) and you’ve got a strategy that doesn’t rely on luck.

Bottom line? Technical trading isn’t a shortcut to overnight success, but it can work if you stay disciplined and pair it with other insights. Remember, it’s not about predicting the future, it’s about stacking the odds in your favour.

Now, the guys from the London Live Trading Floor are going to kill me, but what’s your take?

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Trading Psychology Nugget
How To Avoid A Trading Blow Up

Trading isn’t always smooth sailing, sometimes setbacks hit hard. Whether you’ve lost more than expected or missed a key profit goal, the ability to recover quickly is what separates resilient traders from the rest.

This video walks you through actionable strategies to rebuild confidence and regain momentum. From analyzing what went wrong to setting realistic recovery targets, you’ll learn a step-by-step method to get back on track. The focus is on discipline, emotional management, and adjusting your strategy to prevent future mishaps.

Don’t let a trading blow-up define your journey. Watch now to discover how to turn setbacks into comebacks and emerge stronger than before. Trading success isn’t just about winning, it’s about how you recover when you lose.

Market History Flashback
1773: The Boston Tea Party

Let’s throw it back (way back) to December 16, 1773, when a bold act of protest made waves (literally) in Boston Harbor. Frustrated with “taxation without representation,” American colonists dumped over 300 chests of British tea into the harbor in what became known as the Boston Tea Party.

So, who spilled the tea? It wasn’t just about the beverage, it was about the British government’s Tea Act, which gave the East India Company a monopoly and threatened local businesses. The colonists weren’t having it. This defiant move set the stage for the American Revolution, proving that money and power dynamics can spark major change.

The aftermath? Britain doubled down with harsh laws, pushing the colonies closer to independence. Fast forward to today, and the Boston Tea Party is a reminder of how economic decisions can drive social movements and create ripple effects that last for centuries.

So next time you’re sipping tea (or coffee—no judgment), remember: a financial system can change the world. And, just like the colonists, sometimes you’ve got to take bold action to shake things up.

Seasonal Pattern Spotlight
Pattern Of The Week: GOLD

As the year winds down, investors shift gears, looking to protect their portfolios against the unknowns of a new year (central bank surprises, inflation, or geopolitical drama). And for 85% of the past 20 years, gold has been the go-to move between December 19th and January 1st.

This period boasts an average return of 3.23%, with a standout year in 2007 delivering an impressive 11% gain. Why? It’s the perfect storm: fund managers rebalancing portfolios, retail investors jumping in with year-end bonuses, and holiday-thin markets amplifying price movements.

Gold’s reputation as the ultimate safe haven draws consistent demand during this time. Whether it’s hedge funds protecting against future risks or individuals thinking, “Gold’s always a good bet,” the buying pressure drives prices higher.

By New Year’s, gold typically finishes strong, reflecting its status as the go-to asset for times of uncertainty. For traders, this is a golden seasonal edge that’s been hard to beat for two decades running.

Key Events
Mark Your Calendars! 📅

Here are the main headlines for day traders to be weary of when trading this week. It is a busy one.

View the full economic calendar on Trading Economics.

Weekly Deals
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