
As early as
last February we discussed the likelihood that the US dollar might be approaching the biggest sea change in its behaviour, in Foreign Exchange terms, since as
far back as a lot of people in the business can remember.
Now the
news is full of a strengthening US dollar.
While we at Omicron Forex make good use of the Algorithmic
trading and Quantitative Analysis research tools we have developed, there is, as we continue to
insist, a place for fundamental analysis in the effort to be profitable in
Forex.
Apart from
that, we remain acutely aware that we are at all times dealing in
probabilities. The success of our commentary is gratifying, certainly, but there
is no doubt that the markets can confound. The fundamental need remains to take
all steps to ensure that complacency is never an issue.
But one
thing is for sure: Foreign Exchange trading is a fascinating subject and this
is a fascinating time. Long may it continue.
And it also helps if your trades are profitable.
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