Wednesday, February 29, 2012

Trades for 2-28-12

Forex: 3 trades, 2 losses and 1 gain for a total of +3.9pips

Monday, February 27, 2012

Trades for 2-27-12

I did pretty good today, the one problem was my 2nd trade (in AUD/USD) I should have held on longer.

Forex: 4 trades, 1 loss and 3 gains for a total of +8.6pips

Thursday, February 23, 2012

Trades for 2-23-12

Forex: 3 trades, 2 losses and 1 gain for a total of -5.1pips

Saturday, February 18, 2012

Thursday, February 16, 2012

Trades for 2-16-12

Forex: 2 trades, both losses for a total of -12.1 pips

Thursday, February 2, 2012

Trades for 2-2-12

Forex: 1 trade for a gain of +5.7 pips

The biggest holders of US government debt

The biggest holders of US government debt

EUR/GBP

EUR/GBP is testing resistance at about 0.83300, think it will break? If so, think it will continue on an upward move or be only a slight break then head back down?

EDIT: Entered EUR/GBP @ 0.83284 on a short, S/L @ 0.83332, T/P @ 0.83111

Play is a reversal off of resistance with low risk since I'm trading against momentum. I will be likely jumping out at about 0.8320 (trailing stop), but I'm giving it the chance to break though it to my T/P.

EDIT #2:
I exited EUR/GPB @ 0.83226 for +5.7 pips.

As always, chart and summary will come at the end of the day.

Euro PPI, devaluation of currencies, Irish growth forecast, and US job cuts

Euro industrial PPI
A coordinated devaluation?
Irish growth forecast cut
US job cuts

Live Bernanke testimony

Click here to watch

Wednesday, February 1, 2012

Trades for 2-1-12

Today was kind of funky for me as you can see from the charts. It's too bad because I would of had a decent gain today.

Forex: 2 trades, 1 loss and 1 gain for a total of -8.4 pips



I also did a little experimenting, and as you can see the trade would have worked out had I placed my stop-loss correctly.

More FX regulation

More Forex regulation

The OTC Forex market has worked for how many years?

Some funny stuff

Found a trading forum with some funny photos I though I'd share.