Blog and Rants

Here is another interesting chart that pops up on my screen this morning. Is AUDUSD falling off the cliff now? Hmm…. Here is the daily chart, have a look at shorter time frame for your ‘insight’. 🙂 Here is the…. CHART!

This is the chart that I am looking at. We had a slow, choppy start of the week. Looking at the USDCAD, are we expecting something big soon? Here is the CHART!

I am not trading today, but still watching the markets. During my morning chart reading, NZDUSD again pops up. I shorted it yesterday, and position was closed. Kiwi dollar was back to 73c during Thursday U.S session. And, again, 73 cents blocked it. Here is the CHART. Do you see anything interesting? Enjoy! I am […]

I was a big fan of Larry Williams when I started trading. I guess I have read all of his books. In this video, Larry shares few nuggets of trading wisdoms. Enjoy and have a good weekend.

OK, first of all ,this post is not meant to point out any fishy scam of retail FX broker like this one.  Price feed and trade execution of IB are mostly flawless, I have no complaint about that, at all.  Yes, the learning curve is steep in order to master the trading platform, TWS.  To […]

This is a pretty straightforward trade. Looking at hourly chart, cable was coming to a resistance level and price rejections was observed. I went short around 1.5283 (though I wanted to get 1.53 as entry..but..anyway..). Two profit targets were achieved with last portion of position was closed at 1.517 level.  Potentially, cable might head to […]