Forex Speculation?
Have you ever wondered what is meant by the term speculation?It seems to be rather loosely defined. Speculation is the process of selecting...
The ONLY Difference Between Professional Traders and Amateurs Is ...
He's a blog posting from one of my friends on mySpace, Barry. To close the year I couldn't resist posting this for thought! ********...
Forex Trading Made Easy
Are you kidding me? Forex trading isn't easy, it's about as risky a financial endeavor as you can legally participate in.Wait, let ...
Unplanned Forex Setback
Well, things have gone poorly just lately. Not because of anything that I've been responsible for, but because I was the recipient of a...
Are you a forex trader or a gambler?
Here's an article I found in my files. Given the approach of the New Year, now is an excellent time to re-enforce those good trading ha...
Clarity
Clarity. This is my word, my mission for 2008. I am going (notice I did not say “try to”), let me repeat, I am going to achieve clarity ...
US Durable Goods / Jobless Claims
The numbers came out weak this morning.While it appears to have caused some initial softness, I think we should keep in mind that a weak US ...
AUDJPY With Bollinger Bands
Lately I've been trading the AUDJPY using only an EMA (exponential moving average) and SMA (simple moving average). The theory is that ...
AUDJPY Overnight Upswing
Cool.I'd been getting into the AUDJPY pair during most of the week. Now, most of my small nibbles have been taken out on the way up, at...
Timing Market Entry
I've noticed that the Forex markets move both fast and slow.If you are busy sinking money into some carry positions, the market might su...
Theoretical Investment Strategy
I like to think about things, twist them around, and come up with theories.It strikes me, that as long as a market continues to move up and ...
Overnight Trading
As I live in the eastern timezone, I get to trade overnight prior to the NY trading session on the next day.Last night I was able to settle ...
When You Understand....
It seems that there is a behaviour in all of us. If we do not understand, we will study it. Thats how knowledge begins. We study in order to...
Income masyuk
SMS misteri dari seseorang yang tidak dikenali
Isinya berbunyi begini: Kalau saya jadi airmata, Saya ingin lahir dari matamu, hidup dipipi mu dan mati di bibirmu tapi kalau awak jadi airm...
Weekend Forex Thoughts
Although it is the weekend, I can't help but think about trading.One of the things I've noticed recently is that the EURTRY pair is ...
AUDJPY Reversals
Wow, what a roller coaster!Yesterday saw a massive downturn, followed by this morning's upturn... and then a slow fade back down during ...
Recent Non-Success
Today's fed announcement caught me with an unprotected position. Needless to say, as the floor dropped out of the AUDJPY market, I was ...
Free Forex Signal 11 December 2007
Here goes. What ever you do. Remember to put SL. SL is based on your guts. No guts no glory. Too much guts you will be dead. Long Eur/Usd @ ...
Mixed week
Langit Tak Selalu Cerah
Forex telah digembar gemburkan sebagai satu jalan utk kehidupan mewah. Ianya kelihatan begitu anggun seperti sesuatu yang mudah dan jelas. H...
Busy Week
Last week I just traded for only one day. Then Im off to Tawau for a holiday. My one and only trading day last week ended up in profit. This...
Recent Success
Well, it has been a few days since then, so I can't remember the full details, but I was able to catch an up-trend with a significant am...
Why the Fed is Such a Lousy Wizard of Oz
Interesting article by Susan C. Walker - check it out! By Susan C. Walker, Elliott Wave International September 7, 2007 Central bankers wh...
Slow Down Week
Success With AUDJPY
Finally, I seem to be able to make a few dollars. This is significant as it represents a ray of sunshine in my quest to become a Forex trad...
Forex Signal 20 November 2007
Long time since I posted a signal. Been quiet bz with office work. Its a blessing actually to be in the office, coz I can trade while doing ...
What a week.
How To Recognize a Financial Mania When You're Smack Dab in the Middle of One
By Susan C. Walker, Elliott Wave International November 12, 2007 When you're caught in the middle of a bad storm, you don't really c...
100% return on capital per month.... possible???
Just wanted to get your view on this topic. Is it possible to get a return of 100% every month on your capital by trading forex???? For exam...
Time To Accumulate A Carry?
The AUDJPY is down around 96.00 at the moment.I've ridden the money train on the way down a couple of times. I don't know if there ...
AUDJPY Unwinding
The yen is appreciating quickly at the moment, or should I say a short period ago. Luckily I was awake and able to scramble around in my ac...
AUDJPY Thoughts
I'm still trading the AUDJPY.I've learned that the Dow Jones and the AUDJPY have a correlation based on the fact that people borrow ...
Sesuatu Yang Unik
Kebiasaannya aku akan post dalam English tapi hari ini aku post dalam Bahasa Malaysia. Hari ini juga bukan cerita mengenai Forex tetapi ceri...
Bragging Rights on the AUDJPY
I just could not resist posting this. It represents a great day of trading the AUDJPY leaving me with both profits and some low priced carr...
Trending the 5 min AUDJPY
I've been having a great time spotting trends on the AUDJPY today. Well, of course, I have to point out that trends are good until they...
Forex Scalping Information
Okay, I've been trying to find information on forex scalping and the pickings are mightly slim indeed. In fact, the so-called informati...
Free Forex Signal 24 Oct 2007
As usual there is no certainty in Forex but there are high probability if you are good at it. 1. Short Gbp/Usd @ 2.0515 or better 2. Short G...
Grabbing Some USDCAD Pippage
Well, it's about time!It looks like there is some strength in the USD happening (or perhaps it has already finished happening) at this p...
Selamat Hari Raya Aidilfitri
Kepada semua umat Islam tidak kira dimana jua anda berada, Selamat Aidilfitri diucapkan. Kepada yang tidak berugama Islam juga diucapkan Sel...
My new bracelet
Free Forex Signal 5/10/2007
For yesterday trade EU and UJ ended up in profit indeed becoz both the pair tends to move towards the given signal. Hope those that follow t...
Its been a while
Its been a while since i posted. My internet connection at home is bad now thanks to tmnuts streamyx. been extra bz with work, just get out ...
USDCAD Is Playing By My Rules
Okay, I've blogged recently about the USDCAD approaching a low.I know there are always skeptics out there, and I'm not trying to sel...
USDCAD Edges Lower
Okay, if we were at bottom a few days ago, it was only a soft bottom!Right now, according to the charts I'm viewing, this pair is tradin...
USDCAD Once Again
Okay, I think it is nearly safe to say that the USDCAD has hit bottom.Heh, actually, it's probably not safe to say, but it has certainly...
Missing the USDCAD Bottom
Well, I'm not sure if the USDCAD has finally hit bottom or not. It's around parity today which is pretty much what people were talk...
Financial Excitement
There has been a lot of frenzied action since yesterday's Fed rate cuts.Personally, I've activated an account with OANDA. They allo...
Bottom Spotting the USD/CAD
Down and down it goes, where it will stop, nobody knows.Just how low can the USD go compared to the CAD? Parity is an option. Below parity...
The EUR/TRY Carry Trade
I'm dabbling in the EURTRY carry trade situation.Due to the difference in interest rates you can pocket a bit of change as long as you m...
Market Not Active
For the past 2 weeks the market is not very active. Just now its starting to move. When the market is not active I rarely trade and even if ...
Trailing Stop Strikes
Well, whether it is a small correction or not I have no idea, but the USDJPY has gone down enough to remove me from the market. So, my prof...
Riding the USDJPY Train
Well, imagine my surprise to wake up to a hugely profitable swing in the USDJPY.It's too bad that I wasn't awake during the action. ...
Minimal Participation
Sure, you want to have as much capital as possible involved in an upswing, but it's painful having a stake while the market slides.Unfor...
Riding the AUDUSD Upswing
I've been riding the recent AUDUSD increase.Now, I have some competing issues on my mind. As the AUDUSD hits new highs I have to worry ...
Gun Shy
I'm still a little gun shy.I see little dips and corrections, which is only to be expected, and my stress levels go through the roof. T...
You Have to Play to Win
Well, now that I've exited most of my positions profitably, I'm paranoid. What if I put in some more cash and the market takes anot...
Every Day Feels Like Sunday Baby
I don't know if you'll remember it, but there was a commercial on CNN a while ago that had this song. It would talk about stocks, m...
Grinding Out the Pips
Well, I've been grinding away at my open positions. Catching the tops of candles and buying in again at the bottom. I guess that means...
Trading Begins in Three Hours
Not that anyone is counting.Anyhow, I'm looking at my account report and I've noticed that I don't seem to be accruing any rollo...
Trading Begins in Five Hours
Given the recent news based rout of the Greenback I am expecting some heated trading and movement when the markets reopen.Everybody has had ...
Forex Review: Taking Stock
The weekend is a good time to review what happened during the last week, take a look at long term charts, and to think about new trading str...
Trade Free Weekends
It looks like The Rookie has survived another week. Although, I have to admit I'm holding my breath on a few underwater instruments thi...
This Business Is Tricky
I'm learning. Every day I'm learning.Some fundamental news came out this morning. That was great, and I got some profits because o...
Exchange Rates Differ From Stocks
There is an important difference between Forex instruments and stocks or bonds. The nature of this difference requires that you adjust your...
Rookie Survives
Well, the so-called sideways market just took a major jump down across a fair number of currency pairs.I added some equity to my account jus...
Looking At Me Sideways
The market has been rather docile today. Well, at least in the currency instruments that I have been nurturing.What is going on with all th...
New Strategy Yields New Results
Since the currency market was soundly trouncing me I've adjusted my trading. One thing I have done is move to a slower chart. I'm ...
A Couple Trades
Okay, time to show that I'm not absolutely wrong 100% of the time. So much for the inverse signal idea... damn, foiled again.B CADJPY 1...
Amazing New Signal Devised
Based on recent performance this new signal operates at near 100% efficiency. From now on I'll blog about entering long and short posit...
Understanding The Advertising
Now that I'm playing in the currency trading world I have a much better understanding of all the Forex advertising floating around. As ...
I Was Right!
Okay, so it's too late now, but dammit, I was right! Every single open position I had to unload is now in the money. Of course, that af...
Definitely Getting Spanked
Hey, it's important to have a good attitude, so don't get me wrong. Right now I'm in the process of being spanked for being in ...
Getting Spanked
Oh oh. I might be about to get spanked. It's really strange, because you look at things and come to a conclusion, but the market certa...
Holiday Doldrums
Well, I wasn't sure whether or not to take it seriously. What, you ask? The Forex educational material talking about what days and tim...
Reporting Some Losses
I guess since I crow about profits, I should also disclose some recent currency trading losses. I mean, that is the whole game right, win s...
Discovering Price Alerts
Okay, so I'm no genius. However, I am admittedly a rookie, so that is no fault of mine.Anyway, I've just discovered the joy of sett...
How The Market Move
After looking at charts for over 1 year now, I have made a conclusion on how the market move. It may differ from other people point of view ...
Phew! Weekend Survived
As I blogged recently, I had left myself in an open position with no stop order. If some world news event had occurred and greatly changed ...
Impending Day Trading Resumption
I can hardly wait. In another five hours, approximately, the Forex currency trading markets will start another week of operation.Will my op...
How To Become A Currency Trader
If you are anything like me, you probably imagine that it is difficult to become a foreign currency trader. Perhaps there are rules, regula...
24 Hours A Day 6 Days A Week?
Well, that's true, but not.Apparently the markets are closed from Friday at 4:00pm EST until Sunday at 5:00pm EST. I don't know abo...
New User Mistake
Well, don't do this!I fell asleep last night before putting a loss limit on my USDCDN position. I could have lost my entire account bal...
First Use Of Limits
Surprise, surprise, I've been involved in yet another trading session. This time, due to my reading, I decided to add a stop and a limi...
Another Trading Session
I've been doing some reading, while waiting for prices to move up and down so I can get in and out of the market, so it's possible t...
Lucky Morning Session
This morning I was quite simply very lucky. I had been having network troubles and was not able to watch my position closely for several ho...
First Evening Trading
While I'm sure it will prove my amateur status as a trader here are some details of my first evening with my new toy:B EURUSD @ 1.3656 S...
About This Blog
Well, believe it or not, I just signed up for a FOREX account. I plan to blog my experiences (whether gains or losses) and perhaps help int...
Elliott Wave Free Week
Just a reminder: It's FREE Week at ElliottWave.com!! Click here and get your FREE content Free Week End August 29.
Forex Journey Interview on Forex Education
Hey Team! Click here to hear a recent interview I did with Interviews with Prosperity on the importance of Forex Education . Happy Trading!!
Example trade using Bollinger Bands
Forex Education Tip – 5 Steps to Successful Forex Trading
Close to 95% of all Forex traders will lose money. We're not just talking about novices, either. Whether you trade Forex for a living, a...
Trading with Bollinger Bands
Remove Some Advertising
I have remove some advertising. In the beginning, they are there because they are flasy, full of colours with attractive animation. Someone ...
Forex Education Tip - Stops
Let me just give you a quick tip about setting stop losses. I once took a class where I was instructucted to place my stop loss 30 pips belo...
I Missed Most Of It
Last week was a busy week + I have a bad flu. I only manage to trade on Friday last week and got out with a lot of pip. Thank god. As for ne...
Is Paid Forex Education Worth It?
I am scanning the internet looking for information about how I can be a better trader just like most people out there. I am on a quest looki...
Forex Education Tips - Overcoming Fear
Have you ever been in a situation where you have evaluated the market, saw your strategy set-up perfectly and then just couldn’t pull the tr...
Forex Education - Fully Present
This means rejecting thinking that doesn’t support your current trading objectives, including rejecting non-trading related mental chatter (...
Ranging Market
For the past 2 weeks, forex has enter the ranging mode. Ive been busy with work since I have a day time job. Merdeka celebration is coming a...
We're #1
Well, as I return to my desk from a break to welcome the new addition to my family I was pleasantly surprised to received notification that ...