Dow Jones

It looks as if at least for the interim the fun might be over – as you would expect I was booted out of my long Dow positions overnight.   As can be seen from the above chart pullbacks in extended trends are the norm and the psychology of markets is such that they can…

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FX Market Volume

One of the issues currently bedevilling FX markets is the combination of low volatility and steady interest rates – these in concert add up to a profoundly dull market where the majority of major pairs are going sideways. Interestingly, it is also have an affect on turnover as can be seen in the chart below.…

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7 Habits Of People With Remarkable Mental Toughness

First the definition: “The ability to work hard and respond resiliently to failure and adversity; the inner quality that enables individuals to work hard and stick to their long-term passions and goals.” Now the word: Grit. The definition of grit almost perfectly describes qualities every successful person possesses, because mental toughness builds the foundations for…

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