January 17, 2008 – 3:30 pm
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!I have been using this service for about 6 months. Most of the big announcements are read out at the time they are released to the second. It takes about 2-3 weeks to get your password and user account. […]
October 25, 2007 – 7:45 pm
I got sent some very informative articles from a trader friend of mine in London who works for PhanesFX.com which manages around $1.5 million in private investor money. So it is a close knit organisation based on relationships with investors (buy them a trip to a paradise island and make sure that life is a […]
October 3, 2007 – 1:50 pm
The foreign exchange interday market can get very volatile at announcement time when US financial figures are being released. For example, the Non-farm payrole data once per month can create news spikes and volatility that sees the market move up and down 50 pips within a fifteen minute period, sometimes down or up 100 pips […]
October 3, 2007 – 12:34 pm
So, we have discussed that forex charts tell you everything. Now I’m suggesting that they tell you absolutely nothing (to balance the equation).
Again, recently I have been on a bit of an “expert interview” rampage. I (nicely) cornered the manager of an internationally renowned banks mutual fund, who is responsible for taking care of more […]
September 26, 2007 – 1:41 pm
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 I highly recommend you visit http://saxobank.com/ and you find a way to join up to several of their ezines that relate to forex trading. This is part of my trading strategy and my style of trading. In earlier posts on this blog you can read about preparations for trading. I do agreee that the charts […]
September 13, 2007 – 11:35 am
There is only 1 forex ebook I endorse at present. And the reasons for that are that it educates traders to learn how to trade for themselves in the real world.
Chances are that you’ve fallen victim to the promise of some kind of technical indicator system or expert advisor “set and forget” forex system that […]
August 31, 2007 – 2:06 pm
A federal bank chariman speech can be as exciting as when the prophets of old spoke the Word of God unto the Israelites. At least it can feel that way if you are passionate about trading forex.
Expecting positive words from the chief, I placed a short at 2.0160. I am out of the market with […]
Normally I pride myself on manual trading and using the brain rather than relying on a indicators only “holy grail of the forex” strategy.
But as can be seen below and by the charts of todays price action, had I left it all up to my “One Chart Wonder - Crown & Glory” forex trading strategy […]
GDP result…
Came out at 3.9%. I was short because I was in a purely technical short trade from the 4 hourly candles (double top) and got lucky here, closing the trade at 10 points profit.
My thoughts on this are that this will increase the chances of either serious concerns over rate cuts or even the unexpected […]