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Category Archives: Deep thoughts
Qui totum vult, totum perdit
Translation: The one who wants the whole thing loses it all. I heard this today while watching one of my favorite TV shows of all time, Regenesis available on Hulu.com. It REALLY applies to my trading. I can’t count the … Continue reading
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Tagged EURUSD, trading method, trading psychology, trading system
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Got Targets?
I had this pretty cool indicator coded for me which gives decent profit targets on a 3 minute chart. The trade below had an initial entry at 1.3122 and a final target of 1.3221. That’s 99 ticks (pips) of profit, scaling … Continue reading
4 Hour Chart Trading Strategy
Although the FOREX market is a 24 hour market, it trades most actively during the cash stock market sessions of the various financial centers around the world, including Australia, New Zealand, Asia, Europe, London and New York. If you take a look … Continue reading
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Something New…
We are working on a new indicator to help to quickly calculate risk:reward of trades… right on the chart! I am very excited about this new tool. Once available, I will create a video to show how it works. Stay … Continue reading
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No Posts Lately – Who Am I?
I have not posted my trades in the past 2 weeks and I wanted to explain… The markets lately have been more erratic than usual. For the past few months I have been working a scalp trading method for the … Continue reading
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Tagged British Pound, cable, Euro, EURUSD, forex scalping, fx, GBPUSD, Swing Trading, trading method, trading psychology, trading system
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FOREX Basic Training
If you are new to trading FOREX or if you just want to revisit the fundamentals, FXCM has put together a nice free web site with video footage from some of their training seminars from the Traders EXPO in Las … Continue reading
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Tagged FOREX training videos, FX Training, FXCM, FXCM videos
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3 January 2011 – 1052 EST EURUSD Long
I was talking with a fellow trader on the phone and missed out on this trade. Psychologically speaking…why did I allow myself to miss this trade? Let’s see… I don’t like trading during the second half of the 0900 session, … Continue reading
Goal Setting Ideas for 2011
Happy New Year! 2010 is about to be a thing of the past. What can we do to make things better in 2011. For starters, be sure to set your goals down on paper. I don’t know why really, but … Continue reading
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Tagged goal setting, goal setting ideas, goal setting worksheet, goals for 2011, trading goals
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Merry Christmas
Regardless of your religious bend, I want to wish everyone on the Internet, traders especially, a safe and merry Christmas. I hope everyone receives everything that they wish for. It is my sincere wish for happiness, good health, and of … Continue reading
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Letting the CABLE Sleep
This post is just for fun. I really liked this song even before I knew that the GBPUSD was called “The Cable.” Enjoy…
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