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EDITOR’s note


FX “No one who achieves success does so


without the help of others” Alfed North Whitehead


With the success of the iPad edition and a new Best Magazine award - for the second year– received at the Forex Best Awards 2012, organized by FXstreet.com, I can only start this note in a very optimistic way.


Tank you all for the numerous congratulation messages you sent aſter the award announcement. Tis is a great motivation for us to continue providing forex traders with high quality market


analysis, interviews


and educational articles. I also highly appreciate the open communication line between us, and your spontaneous proposals and recommendations in the different areas of the forex industry.


Needless to say that the quality of FX Trader Magazine strongly depends on our authors, who are all respected experts in their own market sector and who I would like to thank for spending time, outside their professional activity, to give our readers their views, analysis, forecasts and advice about how to better invest in forex.


Alessandro Balsotti analyses the break of the USDJPY multi-year downtrend and popular moving averages, backing it up with a pertinent fundamental analysis research, and opening perspectives for a New Trend in a Trendless Market.


We couldn’t “go to print” without Kevin Sollitt’s global currency watch and look ahead for Q2, rich of insights into the evolution of the Euro, the Yen,


In this edition, we publish a comprehensive report written by Joe Gelet, President of Elite E Services, about Forex as an investment of the future, which will bring you through the origins of modern finance, the history of forex, the emergence of FX managed accounts, and a potential return to family-run hedge funds.


the Swiss Franc and the British Pound.


Maurizio Milano provides a well structured 3-to-18 months technical report on the majors, while Steve Jarvis writes a technical outlook on selected rates selected among major US rates, major cross rates, European Emerging markets and Asian/Far East


rates.


And Gabor Kovacs analyses the majors’ moves through the Ichimoku Kinko Hyo lens.


Don’t miss Steve Ward’s coaching article, which reveals some of the training techniques he uses when training professional traders. It is the continuation of the four articles we published in the previous editions.


And last but not least, Phil Elrod, who has developed a wise means of controlling impatience and maintaining perspective in trading explains why we should Mind our Ps and Qs to increase performance.


As Steve Jarvis likes to say: “something for everyone!”.


Emmanuelle Girodet FX TRADER MAGAZINE April - June 2012 5


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