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.



Weekly Trading Forecast: Trump Speech May Define Market Mood

Financial markets may overlook ample top-tier economic data and a steady stream of central bank commentary as a pivotal speech from US President Donald Trump takes the spotlight.

Growing US Supplies Continue to Limit Oil’s Upside from OPEC Cuts

Exports of U.S. crude continue their rise to record levels, which has limited the price impacts of OPEC cuts

Crude Oil Price Forecast: Pushes Into LT Resistance On Low Volatility

A muti-month chart shows that Crude Oil is coming into LT Resistance as the volatility drops, but other markets may being showing the Trend higher could continue.

USD/JPY Technical Analysis: Relative Strength Keeps USD/JPY Lower

The JPY has quietly become the strongest G8 FX Pair on a relative basis. Such strength should keep traders focus on USD/JPY lower.

Dollar Technical Analysis: Vulnerable DXY On Fed’s Concern on Strength

FOMC Minutes shed light on concerns they have with the USD strength could limit recent gains in inflation as the price fails to gather Bullish momentum.

USD/JPY Technical Analysis: Avoid The Low VIX Trap For Buying JPY

VIX continues to oscillate below 12%, which is near historic lows. Some may think they should buy JPY to get ahead of the VIX breakout, but we urge caution on this thinking.

Crude Oil Price Forecast: WTI Within 1XATR Of 2017 Highs On OPEC News

Technically, the consolidation persists. However, we have seen an impressive breakout of a multi-week congestion pattern backed by positive fundamental developments.

USD/CAD Technical Analysis: Wedging Between Hard Support And 200-DMA

Volatility in USD/CAD has fallen alongside the Crude Oil’s volatility, which posted its lowest price range last week since 2004. However, the key chart levels provide guidance.

Developing Themes & Technical Views in The Commodity Landscape

Commodities often tell as much of a story of inflation as it does demand. For this reason, Commodities should be watched to understand the changing inflation landscape.

Weekly Trading Forecast: Fed, Team Trump Battle for Influence

Financial markets cheered a confident Fed yet wilted on fears of status-quo-shattering maneuvers from "team Trump" last week. The tug of war is set to resume in the week ahead.

Low Volatility At New And Higher Price Floor Favors Upside

Intraday ATR(5) for USOil Is At Its Lowest Since 2014, And The One-Week Range Is The Narrowest In 13-Years. Here’s Why That May Be Bullish.

DailyFX Roundtable: Mixed USD, Rising Commodity Prices to Persist

Join DailyFX Strategists Paul Robinson, David Song and Tyler Yell for a roundtable discussion on key trade setups and themes for the last full-week of February.

USD/JPY Technical Analysis: An Intermarket and Technical Powderkeg

UST 10Yr Yields recently hit 2.52%, and SPX500 is near all-time highs while US Economic Data is confirming the Fed's mandates. So, why isn’t USD/JPY much higher?

Crude Oil Price Forecast: Technical Picture Favors The Patient Bulls

After Two Weeks Of Massive Inventory Supplies In The US, Oil Looks To Be Stable Above Our Support Zone Of Focus, Which Keeps Bias Higher.

Dollar Technical Analysis: YTD Highs In 2-Yr Yields Fail To Lift DXY

Yellen Testimony & CPI Does Not Appear To Be Enough To Light The Fire Under DXY Bulls Despite Rate Hike Forecasts Getting Pushed Up.

USD/CAD Technical Analysis: Resuming Test of Resistance

While PM Trudeau & President Trump failed to spark volatility in the exchange rate, Yellen’s Testimony on Tuesday helped bring USD/CAD Back To Channel Resistance.

Bearish EUR/AUD on Strong/Weak Relationship & Respect of Resistance

EUR/AUD has been on a steady downtrend, and the recent developments show that the trend could continue.

USD/JPY Technical Analysis: The Breakout Many Have Been Awaiting

Yellen Gave USD The Boost Many Have Been Awaiting, And The Strong USD Shined Brightly Against the JPY Breaking Above Multiple Layers of Chart Resistance.

Tax and Trade Promises Won’t Carry Last Week’s Dollar, Equities Trend

Though the event risk this past week was varied, the effective fundamental motivation was once again derived from trade and competitive policies.

GBP Winning The Currency War Continues To Benefit London’s Economy

The British Pound has continued to lift the economy allowing consistent beats of economic news releases relative to economist’s expectations.