Video: S&P 500 Covers its Gap, Dollar Reversal Leaves a Tail, Speculators Seduced

Talking Points:

• The market's sharp drop in response to the North Korea missile launch evaporated as the wore on Tuesday
• Reversals in the S&P 500 and VIX showed deflated risk concerns, while the Dollar recovered from a dip to 2.5 year lows
• Questions of conviction are more important than simple direction going forward - can we develop a strong trend here and now?

What makes for a 'good' trader? Strategy is important but there are many ways we can analyze to good trades. The most important factors are our own psychology. Download the DailyFX Building Confidence in Trading and Traits of Successful Traders guides to learn how to set your course from the beginning. (

Continue reading at DailyFX - Forex & Macro News (via YouTube) →