Tyler Yell, CMT

Tyler Yell, CMT

Forex Trading Instructor

Position Trading based on technical set ups, Risk Management & Trader Psychology.
Tyler Yell is a Currency Analyst & Trading Instructor for DailyFX in North Texas. Tyler joined DailyFX in 2012 after working for a major FX Broker in a Senior Sales role for four years. Tyler’s investing strategy varies from medium to long-term trades based on global macro themes with a few short-term trades when mean-reversion opportunities exist based on advanced technical set-ups. Tyler holds the Chartered Market Technician® (CMT) credential, which is the preeminent, global designation for practitioners of technical analysis. The CMT designation is awarded to those who demonstrate mastery of a core body of knowledge of investment risk in portfolio management settings. Tyler is also attending Southern Methodist University’s Professional MBA program that has given him a strong fundamental understanding of advanced market concepts. Readers of DailyFX appreciate Tyler’s unique ability to communicate market truths like risk management and technical set ups in a simple way to improve comprehension and application for the newer trader.



Crude Set To Fall Further as View of OPEC Production Hike Firms

Crude oil traded to a one-week high on Friday, but the signs remain that bulls are going to have a difficult few weeks as speculation on production increases from OPEC builds.

USD/JPY Chart Supports Week That Includes Trump Kim Summit, FOMC & BoJ

Markets are discounting the headline risks of the Trump-Kim meeting in Singapore, and any news of trade tensions easing could help USD/JPY to rally alongside FOMC’s expected hike and BoJ policy ...

Crude Oil Price Forecast: Rift Within OPEC May Lead To Higher Prices

A recent plea from Venezuela for Saudi and Russia to hold off on adding to global oil supplies and disruptions from Nigerian exports helped the market see through positioning data as oil trades higher.

Weekly Trading Forecast: Trade Wars and Rate Decision Keep Traders on Edge

Capital and FX markets held remarkably stable given the fundamental pressure filling the horizon. With trade wars steadily gaining traction, key rate decisions (Fed, ECB, BoJ) and a range of high pro...

Crude Oil Price Forecast: Trump Pleads For OPEC To Boost Production

After tweeting that OPEC was artificially creating higher prices, the US government is said to have requested a boost of nearly 1 million barrels per day sending prices lower.

Weekly Trading Forecast: Trade War Threat in the Spotlight

Efforts to defuse the threat of a global trade war are likely to preoccupy financial markets in the week ahead, overshadowing economic data.

Crude Oil Forecast: EIA Inventory Draw Fails To Boost Oil from Slump

A surprise draw from the EIA weekly inventory report was not enough to outweigh concerns driven by increased OPEC production as well as risk-aversion on tariff related headlines.

Yen Gets Boost from Tariff Talk as Risk Appetite Drops Ahead of NFP

USD/JPY bearishness and overall yen strength is becoming a theme on renewed tariffs by the US looks set to hurth global trade alongside weak Japanese economic data.

Title: Crude Falls On Boost In U.S. Production, Anticipated OPEC Supply

Crude oil is riding on the fence after positive US data showed that economic growth could keep demand high, but new supply is expected to limit gains.

Crude Spills on Saudi’s Proposed Increase, Short-Term Top Likely

Crude oil hit a wall as OPEC and its allies are said to increase production while total US inventories swelled by the most since February.

Weekly Forecast: Top Tier Data, Risk Aversion Portend Volatility

Financial markets may face breakneck volatility as a steady stream of heavy-duty scheduled event risk is compounded by wild swings in sentiment.

USD/CAD Jumps above 50-Day Moving Average as Oil Drops on OPEC News

A turn lower in crude oil from 3-year highs may help CAD bears regain the momentum they enjoyed earlier this year as USD/CAD may trade toward C$1.3000.

Bearish EUR/JPY on Accelerating Italian Political Drama

Risk-off is a broadly used term, but strengthening JPY is a hallmark of risk-off, and is best seen via against the EUR.

Crude Oil Price Forecast: Brent Premium Favors OPEC Induced Volatility

WTI crude oil has traded at the sharpest discount to the global benchmark, Brent since 2015. Traders now wonder if OPEC now has the incentive to roll-back production curbs.

Demand Jumps for JPY & Gold On Trade Fears, Canceled North Korea Summit

USD/JPY bearishness is setting in thanks to a multitude of factors that are showing demand for JPY strength protection showing up in the derivatives market.

US Dollar Posts Bullish Continuation To 4-Month Highs On EUR Hedge

Italian drama has caused EURUSD to drop and has taken DXY higher giving DXY a clear path higher.

Brent Crude Oil Jumps Again As Lower-For-Longer View Is Dying

Brent crude oil price looks like a market on a mission after OPEC’s plan is working better than anticipated due to accidental consequences emerging.

USD/JPY Breaks Higher Toward 2018 Highs, US-China Trade War Fears Cede

USD/JPY rate continues to trade strongly above technical support like the Ichimoku Cloud showing buying on pull-backs may be preferred path forward.

Bearish NZD/USD on Deteriorating NZ Fundamentals, Dovish RBNZ

The New Zealand Dollar has been left out the headlines though it continues to weaken aggressively against its down-under counterpart, AUD while the US Dollar momentum may make it more vulnerable still.

US Dollar Rides Rising Yields As Institutions Unwind USD Short Positions

Trade headlines, both positive and negative continue to hit the newswires, which is taking over a rather light economic data week while rising yields continue to be on everyone’s mind.