CME announced the launching of Forex E-micro Futures before the end of Q1 2009. What’s the catch of this? Well, the basic message for retail traders is : Trading your mini lot on regulated futures market, e.g trading Euro futures with $1.25 per tick. Six Currency Pairs. Quoted in Interbank Terms. The Largest Regulated Forex […]
FX
One EURO trade
Again, the chart shows you everything. I was looking to Long EURUSD (My Twitt) Simple technical trade. Dummy style. Day trade during London Session. Here is the … CHART! (Click to enlarge)
One GBPUSD trade
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)
Weekly wrap up
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 […]
Weekly Wrap up
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 […]
Pivot play example
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, […]
