Open Your Eyes
With revived expectations of a bailout package to be voted on this Wednesday evening, it's not hard to spot some double bottoms and doub...
Daily Market Action
Every morning, upon waking, I open up my Forex trading platform and look for any major changes in the world of finance.This morning, for exa...
Panic In The Streets
Okay, I'm not going to offer any groundbreaking news, we all know what happened to the so-called TARP program.After the House refused to...
Shuffle Off To Buffalo
Is it just me or are the Yen based carry trades in stasis?I might be daydreaming, but it seems to me that the markets are just going to wait...
Market Uncertainty
While the government prevaricates on what best to implement in terms of a housing crisis fix, the details of the TARP proposal, financial ma...
FREE FOREX SIGNAL 23 SEPTEMBER 2008
Last signal of AudUsd failed. AU decided to turn the trend with a single move. Currently working on a short term system. Now I know its real...
Back To Trading?
During the last few weeks I've been content to play it safe and collect small carry trade positions. However, the markets are starting ...
FREE FOREX SIGNAL 19 SEPTEMBER 2008
AudUsd has made a double top level 3 (thats what I called it). signal should be as follows Short AudUsd @ 0.8074 or better SL = 50 pips TP =...
Market Panic To Market Euphoria?
I'm not certain that euphoria is any wiser than panic, but I do know that the Forex world has changed.The Fed, Congress and the Senate w...
Forex Market Deconstruction
Now that the trading week is over I thought I'd write about a few things that came to mind over the last couple of days.Current Situatio...
BASELINE TRADER: INTRODUCTION
Long Term Carry Trade Prognosis
With the temporary loan facility made available to AIG by the Fed it seems that the currency markets are getting back a bit more appetite fo...
Forex Panic Attack
Well, if it looked like there was some panic last week, it should be very interesting to see what happens during trading this week.I hope yo...
Baseline Trader
Its been a long time since posted. On 16 July 2008 that is my birthday, a friend of mine call me up and gave me a birthday present. He said ...
Forex Carry Trade Bottom?
I'm probably never going to try to call a bottom, but I will point out that there is a difference in behavior since the recent panic dro...
Carry Trade Panic Selling?
Did anyone notice the panic selling out there?All kinds of carry trades unwound several hundred points in a very short period of time. Spec...
EURAUD Head And Shoulders?
Are you a Forex carry trader?Don't look now but the EURAUD has completed two out of three components of a head and shoulders pattern on ...
Carry Trade Accumulation Strategy
As I haven't seen this forex tactic expressed anywhere else I thought I'd blog about it and share it with my small readership.Are yo...
Best Forex Trader Return
I see people in various forums asking what the best rate of return is for professional forex traders.What kind of question is that?Do you wa...