Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia. His article on Welles Wilder is one of the most heavily accessed pieces in Technical Analysis of Stocks & Commodities in recent years. Through his writings, Brian Twomey has established a strong following among traders and market analysts. Brian Twomey has a BA in journalism and a Master’s Degree in Political Science and Public Administration from the University of Central Florida.
Tianzuida ON TRADING 
Hello brian how are you sir hope you’re fine …
Wanna ask you about your signals you mentioned on forexstreet.net that you give signals everyday for 300$ per month so can i know further information from you pliz..
Ps.i trade eurousd only …
Quality content. Where might I learn more about your Interest Rate models? Do you use the Z Score in your analysis? Thanks for the info you publish.
Robert
Hi Robert,
Thank you for terrific comments, reading and following along. I highly doubt you’ll ever see my interest rate model in print because its so so specialized and it took months upon months to understand then model it to trade. Its my own invention. Look at Steve Anthony “Foreign Exchange in Practice” and his treatment of interest rates and currency prices. Look at old academic papers from the 1970’s and 1980’s for interest rates and currency prices. Look at Frankel from Harvard. Look at bis.org. I don’t know exactly what will be found but if a dead end then you must go to the 1930’s research because this was the last great time for the free float.
Yes also I use Z Scores and an entire system of Statistics. Most Stats are not used much anymore under dead range prices these days.
Hello,
I hope this finds you well. I really enjoy reading your posts and find some of your ideas very informative and thought provoking. I don’t know if you are currently working on a follow up to your book as the environment within the currency market has changed since it was published. I would really like to know what you think these changes in legislation and policy around rates and markets and how they will change the field. The reason why I am reaching out to you is I was curious if you are interested in mentoring. Please feel free to reply and let me know either way. Thank you for your time and I look forward to reading you future posts.
Hi Peter,
Respectfully thank you very much for comments. Inside the Currency Market, my book, will never see a 2nd edition in our lifetimes because sales for the book were a giant failure. I don’t think the book sold 1500 copies in 6 years. Rather than write a book A + B = C questionable profits, I tried to write the book that was never written in belief it would succeed. I gambled and failed but did it knowingly and willingly.
What changed in Interest Rate markets, Inflation, CPI and all the factors responsible for moving currency prices really hasn’t changed over the years. The central banks tweeked interest rates slightly but they remain the same since Inside the Currency Market. The tweek slowed currency prices on a daily basis which affects the longer term. Its takes longer for longer term targets to hit.
I believe I can mentor but depends what one wants. I taught a few how to trade by Z Scores and they are doing well on their own today.
Feel free to write anytime, Brian
Hello,
I’m in the middle of your book- inside the currency market and I find this book to be the most resourceful for my journey to understand the money market. I do have abundance of respect toward your hard work. It has helped me to perceive the global financial market in a big picture. I would like to know if you have any other book to recommend to your followers who is interested in knowing the practical daily routine of a typical currency trader. and also, SONIA seems to be reformed by April 2018, would it be too presumptuous of me to ask your view on this upcoming change?
Thank you very much for the book and your time.
Hi YK hapung,
Read Steve Anthony Foreign Exchange in Practice. This book is the only one of its type published and it was used by Citi Bank as a training manual for new hires. The book should serve as your bible of Foreign exchange and it will be used as a reference over many years. Sonia reforms proposes to switch from an average to a volume weighted Median. Fed Funds at the Federal Reserve switched March 2016 to a Volume Weighted Median so the BOE is merely following the current methodologies. As I read so far, the difference between a mean and volume weighted median is about 2 basis points. Further, I don’t see any effect yet to GBP/USD or GBP cross pairs. But this must be monitored closer for final results. I’m keenly interested because my trades posted and personal are strictly based on interest rates.
Thank you for following along and feel free to ask questions or post comments anytime.
Hi Brian,
thanks for the recommendation. The book is next in line after this. I’ve gone through several forums, articles, posts from Quora in search for negative interest rates and its implications on the modern financial world, but the findings seems to confuse me even more. I would kindly ask you, since your work are more prone towards interest rates, if you could explain negative interest rates especially in Eurocurrencies.
Thanks in advance
Yogesh
Hi YK,
Here’s Shearson Lehman FX Training Guide, its your bible to anything FX. https://web.stanford.edu/~jbulow/Lehmandocs/docs/BARCLAYS/LBEX-LL%203356480-3356609.pdf
The Sonia intentions is to change the time of its release and to further flatten the ranges. This means Currency pairs will range trade far more than at any other time since the 1972 Free float. All central banks are performing this same intention for their currency pairs. Its done by design and intention as the central banks don’t want currency prices to travel far. Most Important, 2018 marks the 46th year of the free float and this means by the 50th year, the Free float is over and markets head to a new period. We are susceptible to the next period change anytime from 2018 to 2022. New period changes usually come by market crashes. By belief so far is the next period will contain a Gold Component so its vital to know your Gold and Currency prices.
Good guide here in Gold / Silver Ratios https://www.kitco.com/Gold_Silver_Ratio_Charts/gold-silver-ratio-charts.html
Hi Brian,
Excellent blog, info provided is very noteworthy. I have just purchased your e-book and am wondering if the model can be constructed using excel?
regards
Hi Lain
I believe the answer is yes to excel, thank you for comments and following along
Hi Brian,
I have few questions relating to validation, you available to email me ? Im a sql programmer so used to this medium.
thanks
Iain
[email protected]
Hey Brian, its been a few years since we lost contact. Hope you are doing well.
We can connect if you email me [email protected]
Hi Oasis, really great to hear from you. I just wrote.
Dear Brian
Can you explain better the chf/jpy pair? why you do not recommend it, and what do you mean with “CHF/JPY’s price above 118.00’s doesn’t exist” as it broke this level in April?
thanks, kind regards
(a Fxstreet reader)
The main averages supporting CHF/JPY short term is 117.00’s and these averages lack range. To factor ranges to your averages, then 118’s is not supported. Longer term, 118 is impossible to exist at present averages as all averages are below 117.00’s.
CHF/JPY is a trending currency pair, but margins are low at 20% which means you must earn many pips to earn any money.
See my comment above to CHF/JPY.
Would like if you mentioned entry prices stop loss and take profit
Hi Kiblife,
For which pairs.
In general
Trader Brian, i followed your recommendation of gbp/jpy pair on 23rd to the letter and to my amazement it played out accurately, please this is a miracle. i want to be your student i also want to perform miracles like these sir.
I will put in effort. Ireally want to do it with pin point accuracy that you are doing sir.
Thanks.
At a minimum, put together 5, 10, 20, 50, 100, 200 and 153 day averages from fxtop.com. I’m hitting targets ass you’ve seen for 10 solid years
I need to meet you sir……. i need to call you sir. my eyes opened……… on going deep with your message. Thank you. Much love and respect and highest regards. Please hold my hands.