My favorite long term forex trade is short GBP/AUD. From both a technical and fundamental basis, the currency should be headed lower.
Based upon the recent trend of economic data including the highest level of unemployment in 12 years and the sharpest decline in retail sales since Feb 2009, the Bank of England should [...]

Posted in Australian Dollar, British Pound, Favorite Forex Trades, aud/usd, forex blog 10 Comments »

Guess who is scaling the wall - Yes! Bet you never imagined that Kathy Lien is not only an avid skier but also a rock climber!
Just to keep you updated, I’ve been super busy starting work on a new book, preparing to launch some exciting bells and whistles for BKForex Advisor, developing new trading strategies [...]

Posted in forex blog 3 Comments »