Interview: Trading Forex With Jamie Saettele by
J. Gopalakrishnan & B. Faber
Jamie Saettele is the senior currency strategist at Forex Capital Markets LLC and author of Sentiment In The Forex Market. His technical strategy is published daily at DailyFX.com and he has contributed to Technical Analysis
of STOCKS & COMMODITIES, SFO, and Futures magazines, as well as Investopedia.com. Saettele is an active currency trader employing a discretionary approach to the foreign exchange market.
Jamie, how did you get started in trading?
In college I was part of a student-managed investment
fund. There were 15 of us and our job was to manage a real money account. There were rules—we could only go long stocks and bond funds.
JG: Did you just pick stocks, or did you do something else too?
We had different roles besides picking stocks—for instance, we had an accounting department. My role was providing economic reports. So I was studying a lot of macro-economic topics, and I started focusing a lot on interest rates. That was how I got interested in currencies. After I graduated I wanted to find a job in foreign exchange and I found myself at FXCM, and I’ve been here since.