“Fibonacci Analysis” by Constance Brown is a comprehensive guide to understanding and utilizing Fibonacci ratios in technical analysis. The book delves into the history and origins of Fibonacci ratios and explains how they can be used to identify key levels of support and resistance in the financial markets. This book is an essential read for […]
Expert Advisor Programming by Andrew Young: Book Review and What It Teaches Last updated: 3 July 2026 · By Spencer Li, CFTe “Expert Advisor Programming” by Andrew Young is a hands-on, beginner-friendly guide to building automated trading systems (expert advisors, or EAs) on the MetaTrader 4 platform using the MQL4 programming language. It walks you […]
Evidence-Based Technical Analysis by David Aronson: Summary and Key Lessons Last updated: 3 July 2026 · By Spencer Li, CFTe Evidence-Based Technical Analysis by David Aronson is a 2006 book that applies the scientific method and statistical inference to chart-based trading signals, arguing that most traditional technical analysis is subjective interpretation that has never been […]
What is the FOMC, and Why Does It Move the Market? Last updated: 3 July 2026 · By Spencer Li, CFTe The FOMC (Federal Open Market Committee) is the branch of the U.S. Federal Reserve that sets monetary policy, mainly the federal funds rate (the interest rate at which banks lend to each other overnight). […]
Investors’ views on inflation, recession risk, and monetary policy were fickle throughout much of 2022. Recently, a positive bias has emerged, reflected in the downward shift in interest rate expectations and upward move in securities prices since mid-October. Investors appear to be interpreting economic data as evidence that a dovish pivot (Fed stopping interest rate […]
