Browse Articles by David Goodboy

  • By David Goodboy
    The forex market appears to be custom built for the trend following strategy. David Goodboy takes you through the steps of what a successful forex trend following strategy looks like.
  • By David Goodboy
    The 24-hour nature of the Forex market makes it a perfect match for swing trading. David Goodboy explains why.
  • By David Goodboy
    The Forex market is booming in popularity worldwide. But is it a right fit for you? David Goodboy discusses the attraction and advantages to trading forex.
  • By David Goodboy
    The forecast figure is 0.6% which is an increase from the last release of -0.2%. Read why David Goodboy thinks that this forecast is overly optimistic.
  • By David Goodboy
    University of Michigan's Preliminary Consumer Sentiment report will be released on Friday. Provided the domestic job situation and the current roaring bull market, how will the number fair?
  • By David Goodboy
    The TIC is expected to be 39.2B which is up from last month's 19.1B. It will be interesting to see how the USD reacts to a miss or hit of this number.
  • By David Goodboy
    On Wednesday, Fed chief Ben Bernanke will testify before the Joint Economic Committee of Congress in Washington, DC. Traders would be keen to expect some chatter about interest rates and monetary policy.
  • By David Goodboy
    The Trade balance is forecast to be negative 38.4B, down from the last release of negative 37.3B. Read David Goodboy's take on what would happen if the release misses this estimate.
  • By David Goodboy
    On Thursday, Fed Chief Ben Bernanke will be granting a rare evening speech at the 43rd annual Alexander Hamilton Awards Dinner in Washington DC. Traders are warn to pay particular attention to the free form question and answer session which will follow his speech.
  • By David Goodboy
    Federal Reserve Chairman Ben Bernanke will be speaking to the Regional Chamber in Dallas, Texas on Wednesday. Here's why traders should listen very carefully to his speech for any hints regarding an interest rate increase.
  • By David Goodboy
    On Tuesday, the Federal Open Market Committee (FOMC) releases the minutes of its last meeting. Read David Goodboy's take to see what traders should be prepared for.
  • By David Goodboy
    With most of Europe on holiday Monday, will this create mute reactions for the ISM Purchasing Managers Index? Read more of David Goodboy's take.
  • By David Goodboy
    Although the employment situation is improving in the United States, will the actual figures on Friday come close to the forecast number of 185k? David Goodboy says not likely. Find out why.
  • By David Goodboy
    The manufacturing survey has an upbeat estimate this release, but will it play second fiddle to Friday's NFP release? Here's what to expect.
  • By David Goodboy
    No question this figure is going to show improvement. However, is the expected number of 40k a little overly optimistic? Read David Goodboy's take.
  • By David Goodboy
    Read David Goodboy's take on what to expect on Tuesday as the Conference Board (CB) releases its monthly Consumer Confidence figures.
  • By David Goodboy
    On Wednesday the U.S. Census Bureau releases its New Homes Sales number, with a projected figure of 318k.
  • By David Goodboy
    With the market preoccupied with rumors of a potential interest rate increase in the US, will the release of existing home sales on Tuesday play second fiddle?
  • By David Goodboy
    This figure is forecast to be 0.5% which is just .01% higher than last release. Will this parity be reached or superseded?
  • By David Goodboy
    The Philadelphia Fed Survey has been fairly steady since it broke positive in September, 2009. With a forecast number of 17.6, will things stay steady with Thursday's release?
  • By David Goodboy
    This month's projected figure for the PPI is -0.2%, which is down substantially from the last release of 1.4%. But can the PPI beat the conservative estimate? Read David Goodboy's take.
  • By David Goodboy
    Read David Goodboy's take prior the FOMC announces their rate decision and statement on Tuesday.
  • By David Goodboy
    The Euro appears to be gaining ground as the USD slips. How will the release of the Treasury Long Term Capital's long term purchase figures affect this turn to the upside?
  • By David Goodboy
    This month there is a projected change from the previous 0.1% to 0.6%. Will the actual number be higher or lower than forecast? Read David Goodboy's take.
  • By David Goodboy
    It will be interesting to see if the Unemployment Claims surprises enough from the 554k expected figure and add a bit of spice to the EUR/USD pair on Christmas Eve.
  • By David Goodboy
    Since manufacturing is a major sector of the economy, today's Philly Fed Survey report will have a big influence on market behavior. Forex traders should watch closely for clues on the ISM.
  • By David Goodboy
    Wednesday ,the BoE is set to release notes from its rate decision meeting. Forex traders will likely be watching closely for any future rate decisions or substantial influence over the direction of the GBP/USD pair.
  • By David Goodboy
    While Forex dealers are springing up all over the place, concern is being raised about some of their shady profiting techniques. Could currency futures prove to be a less-risky trade?