Mike Kulej


Mike's latest writings
Trading Forex- outlook for GBP-CHF.

With financial markets in turmoil, press is full of speculation regarding US dollar and Euro. A lot of coverage is given to unprecedented commodities boom, especially record prices for oil and grains. Precious and industrial metals also draw a lot of attention. Credit and debt markets have been on front pages for a couple of years now. Let's not forget about stock markets, which, both in US and globally, are... (posted by Mike 3 years 337 days ago.)
Trading Forex- Australian Dollar top.

Over last few weeks, some of the strongest behaving currencies have experienced measurable corrections against US Dollar. After marking all time highs, Euro pulled back about 700 pips and Swiss Franc bounced almost 1000 pips, Japanese Yen lost 900 pips. Even high yielding New Zealand Dollar slipped from a high of over 0.8200 to just above 0.7600. These currencies have joined British Pound and Canadian Dollar, which... (posted by Mike 4 years 7 days ago.)
Trading Forex- who makes money trading Forex?

Practically everybody entering trading arena has one objective- to make money. While there are some people who trade for challenge or other purist reasons, they are decisive minority. For almost all traders, pulling money out of the markets is a primary motivation. We have all seen TV infomercials that make it sound so easy. What you need to do is to attend some seminar, purchase a piece of software with... (posted by Mike 4 years 259 days ago.)
Trading Forex- signs of overtrading

Entire libraries have been written and published on a subject of trading mistakes. Just about every trader with some experience has his own list of pitfalls. They can vary from under capitalization to over leveraging to lack of general market education. While the list can be very long, few mistakes make the list on consistent bases. One of them is overtrading. It is easy to say that, but when exactly does... (posted by Mike 4 years 273 days ago.)
Trading Forex- GBP-JPY outlook.

For those who trade currencies and Yen crosses in particular, last three weeks were truly eventful. We witnessed, or even participated in, very large moves. These kind of of moves were experienced for the first time by most current Forex traders. Why? Currency trading has been embraced by general trading public after 2000. During this time period there were no moves of this magnitude so fast. Price action like that is... (posted by Mike 4 years 280 days ago.)