Home » Archives for September 2007
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...
Posted by andeakeaw | 22.58
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...
Posted by andeakeaw | 15.34
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...
Posted by andeakeaw | 06.48
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...
Posted by andeakeaw | 12.37
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...
Posted by andeakeaw | 11.05
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 ...
Posted by andeakeaw | 19.28
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...
Posted by andeakeaw | 14.12
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. ...
Posted by andeakeaw | 09.50
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...
Posted by andeakeaw | 18.29
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 ...
Posted by andeakeaw | 10.37
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...
Posted by andeakeaw | 11.45
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...
Posted by andeakeaw | 09.51
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...
Posted by andeakeaw | 23.22
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...
Posted by andeakeaw | 10.48
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 ...
Posted by andeakeaw | 08.57
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...
Posted by andeakeaw | 09.31
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...
Posted by andeakeaw | 13.12
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...
Posted by andeakeaw | 08.04
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...
Posted by andeakeaw | 22.04
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...
Posted by andeakeaw | 18.15
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...
Posted by andeakeaw | 16.52
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 ...
Posted by andeakeaw | 08.40
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...
Posted by andeakeaw | 23.30
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...
Posted by andeakeaw | 14.35
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 ...
Posted by andeakeaw | 08.29
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...
Posted by andeakeaw | 22.33
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 ...
Posted by andeakeaw | 19.41
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...
Posted by andeakeaw | 09.34
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...
Posted by andeakeaw | 18.03
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...
Posted by andeakeaw | 10.27
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...
Posted by andeakeaw | 10.16
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 ...
Posted by andeakeaw | 02.41
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 ...
Posted by andeakeaw | 14.10
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...
Posted by andeakeaw | 09.01
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...
Posted by andeakeaw | 16.22