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Multi-contest winning Forex Trader looking to help the average Joe trader to avoid the traps of over trading and losing your shirt to the spread.
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  • The Forex Market Is Changing It's Style Once Again

    Does this feel like a new Forex market to anyone else? Carry trade interest rates are falling out a bit with AUD interest rate cuts and price action in some pairs such as the AUDUSD seem to jump 20 or 30 or 50 pips during the Japanese trading session.

    Carry trades are gone, Euro fears are starting to get worse (I didn't know that was possible) all the while instead of everyone fleeing to the dollar and the US stock market falling off we seem to be ready for another bull market?

    This is not a market I'm comfortable trading and might have to sit more trades out with lower leverage. Back to the drawing boards, have you guys seen any enticing trades out there?

    Jun 06 12:02 AM | Link | Comment!
  • What's One Improvement You Can Make To Your Trading Plan This Month?

    What's one improvement you can make to your trading plan this month? Is it cutting losses shorter? Setting pending orders a few pips below your longs rather than market orders?

    Take the challenge with me and see if you can find one thing in your trading plan you can improve on when looking over your past months history in the markets.

    Jun 05 11:57 PM | Link | Comment!
  • Aussie's Surprising Rally And Jumps

    Aussie's surprising rally and jumps - Could these pop ups signal some sort of a recovery in the US stock markets coming? We know inflation's prominent, we can look at the gas pumps to see that, but the market seems stubborn to follow suite. I predict a decent pop up in the market tomorrow due to this rally in the Aussie. They usually follow suit somewhat directly with one another.

    Jun 05 11:51 PM | Link | Comment!
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