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In statistical calculations, you should not trust any sample size under 30. There is way too much randomness with small samples.

No, for intraday traders, these routine reports very often have a significant impact in FX. I often see it in real time. Sometimes market reactions to them have caused me memorable anguish. Not too long ago, a big miss in a little watched econ report that almost never has any impact caused...

Sometimes they matter a lot, especially if you get a bigger or smaller then expected change. Here's my preferred economic calendar (I like how it distinguishes between higher and lower impact types of news releases, but note that the market doesn't react to speeches generally unless someone says...

In 2018, the IEA's world energy outlook report forecast that if prices did not rise enough to finance more spending on exploration and drilling (they haven't), then by 2025 we would be looking at a HUGE shortfall between global oil production and the economy's needs for it. When I saw the...

The EV/Electric Vehicle projects (including China's EV project). EV's use a lot of copper--and nickel, cobalt, and lithium. It's lighting a fire under all of them. The "green" or "clean" energy economy uses a LOT of materials if they try to scale it up as much as they dream...

We had fractional reserve banking even before we had a Fed, so FR banking does not automatically equate to "Fed managed." Also, the constantly rising prices is unique to the post WW2 economy. Prior to then, the economy cycled between periods of inflation and deflation; yes, even under the...

Sometimes I trade a multiple day (or longer) trend, but I find it is much safer to enter those with about tenth of what I would use in an intraday trade, and then as the trend continues, I will increase my position, but I will never increase it more than 50% for each X number of pips it...

Sometimes I go long when RSI is overbought, and sometimes I fade it. I have a filter (don't ask) that I use to determine how to interpret the RSI's OB/OS readings. Hedge funds have too much money, and they have to tailor their strategies to that fact. Small traders can exploit liquidity of...

USD/CHF is too choppy for my taste. USD/JPY isn't bad, but bid and ask quotes often seem to be more sluggish than with EUR/USD and GDP/USD. It is tradable though, and occasionally I will use it. Any major pair is good to enter if it gets into a strong trend, or if you are trading a longer time...

Any pair trades well (about as well as it is going to trade) during the London session. London is the "king" of the currency trading markets. NYC is no. 2. Tokyo is a relatively distant 3rd. I would rather trade JPY during the London session than during the Tokyo session.

Analysts think NZD is likely to lose some ground since it has run up more strongly than the AUD or CAD, currencies that tend to perform similarly. NZD probably outperformed because of their outstanding success at controlling the pandemic with the use of very strict quarantines ("lockdowns")...

You guys need to specify which time zones you are talking about, or else use GMT.

It is fairly likely, or at least very possible, that I traded this pair during 2020 when I was experimenting with different things in the FX markets, but I don't currently use it for intraday trades. I stumbled across a website that listed the most traded currency pairs of 2019 and GBPJPY...

Well, sure there is usually a positive correlation between these 2 pairs that each include the euro because the euro is correlated perfectly with itself. For example, if the euro is rising against the yen and falling against the dollar (that is, the correlation has gone inverse), then the...

There are several pairs that I am willing to trade intraday, but I only focus on one of them at a time. I find, at least for me, it is too easy to overlook a signal or to make an error in judgement when I divide my attention between multiple pairs. It is different if I take a longer position...

Yes, a big plus for intraday. The wider spreads are okay for longer holding periods, but for intraday trades for a few pips, those tight spreads let me enter at the market. If I have to enter with a limit order, sometimes the price gets away from me without touching the limit. Then if I give...

That's the theory, but, in my experience, I do just as well during the London session even before NYC opens.

I went long the EURUSD not long after the London open this morning (8 Feb). My target was 11 pips. The price just meandered sideways for hours. I began to wonder whether it would not stay that way until Mrs. Lagarde's speech. I didn't want to hold through that. She might try to talk down the...

Chart package isn't critical. I think all the popular ones are good enough. I'm with TDA so I use their charting software just because it's convenient and free for clients, but it wouldn't be one of my top choices otherwise. I have used an older version of Metatrader before and I really liked...

Unemployment is a lagging indicator--more effect than cause. Typically, when economies are recovering from a recession, unemployment continues to rise for a while even though the economy is getting better.