Blog and Rants

I think the chart shows everything you need to know. As mentioned in my Twitter, I was looking to long GBPUSD. Pretty simple technical trade. Similar to my dummy trades, but of course with some tweaks. Here is the…… chart  (click to enlarge)

Nothing really new. I am trapped and exhausted. I am talking about my day job. What can you do when you are working in an environment where there is an obvious skill incompetency in the team?  I don’t know. I am not complaining too much since I am an independent professional. I do whatever I […]

Some of you might have already watched this video.  I found it to be inspiring. 5 minutes, is all it takes to inspire you.

Lately, I have been spending my time working on my ATS (automated trading system), developing strategies and risk management models. I visited few forums, reading some brilliant ideas, and of course, unavoidable, some junks. While reading the postings by some new/struggling traders, I have some thoughts. What do you really need to learn about trading? […]

It was a chaotic week. Mentally. I was not troubled by trading, but my day job.  I am not sure what is my next move, and there are just too many uncertainties around. These also crippled my ability to trade last week. I found myself losing the ability to think clearly. I closed all my […]

Here is an example of how you can use pivot and Fibonacci to trade currency. Pretty straight foward. We sell short at resistance levels.  As a rule of thumb, don’t look for a specific price level, instead, we are playing with the price zone, or some say price range. No magic level in the market, […]