Recent Blog Posts
12 Major currency pairs
on Jul 30, 2008 in Trading Strategies Well to be honest there is no such thing as 12 major currency pairs, there are actually about 7 (depends on how you count) major currencies, and well ... many major currency pairs.So what's with your title, you maybe wondering? Let me justify myself,...
Polish Currency
on Aug 2, 2008 in Trading Strategies Forex If you are considering, long term investment, like one or two months than Polish currency might be interesting for you. For the last year it got stronger and stronger. Just checkout the charts below, this are EUR/PLN and USD/PLN, timeframe 1 year, on...
TIMBER!! - EFFECTS OF THE "NO BAILOUT" ON THE FOREX MARKET
on Oct 20, 2008 in Investing Swing Trading Trading Strategies Forex USDCHF Day Trading So the proposed "Economic Bailout" failed to pass today due mainly to speculation by Republicans on whether or not it would actually help our current economic crisis. I've been trading USDCHF today and my advice is simple - SELL!!! I can't believe ho...
FED TO BUY BACK COMMERCIAL PAPER - USDCHF ON STEADY DECLINE
on Oct 20, 2008 in Investing Swing Trading Trading Strategies Forex USDCHF Day Trading The USDCHF has been on a steady decline this morning. This is most likely due to the Fed's announcement on buying three-month unsecured, asset-backed commercial paper. I shorted a contract @ 1.1396 and placed a T/P stop at 1.1365 which should net me...
TIMBER!! - EFFECTS OF THE "NO BAILOUT" ON THE FOREX MARKET
on Oct 21, 2008 in Investing Swing Trading Trading Strategies Forex USDCHF Day Trading So the proposed "Economic Bailout" failed to pass today due mainly to speculation by Republicans on whether or not it would actually help our current economic crisis. I've been trading USDCHF today and my advice is simple - SELL!!! I can't believe ho...