Blog and Rants

Here is one simple trade I have made today. Nothing fancy here.  In hourly chart of AUDUSD, a bearish candlestick reading was observed, and, in addition, previous swing high was taken out. These gave me a bearish view. Ignoring the hype of improving Aussie employment figures, and RBA rate hike news, these did not sound […]

I was planning to run some accounting and journaling work during Sunday morning, but my broker platforms were offline for maintenance. I browse around TED talk to find some quality videos, here is one of them. Well, some of you might have watched this before, but, it is worth to revisit again. Enjoy! Richard St. John […]

INO TV has recently added one of John Murphy’s seminar “Applying Technical Methods to Today’s Trading”  in the free video library. I think it is definitely worth the time to check it out. All it requires is signing up a free account to access to the video. Details here. In addition, there are some featured […]

I had a quick look at AUDJPY. Here is what I see, and I love this chart. Are we, again, heading for another breakdown? What do you think? Here is the … CHART! (click to view full chart) Some technical statistics About this tool

I am looking at 240 min chart of EURGBP. Are we heading for another breakdown? I am watching closely, and maybe, we are looking at 0.87-ish. What do you think? Some technical statistics: About this tool

So, we know NFA has been changing rules. Retail traders are complaining, moving away from U.S based brokers. But, is the change really bad? Well, firstly, I am not trying to defence NFA. I am just thinking, should I really look for another European based, or Australian based broker? I am not sure. The change […]