I admit that I’ve had a lot of trouble in past explaining people that its not a *** must have *** requirement to stop working or quit your Day job in order to trade (specially in Forex Market). The impression that has been created by a lot of people (with the help of Greedy Brokers) [...]
Aug
12
2010
12
2010
Jan
19
2010
19
2010
For Aussie friends: Manage your Super yourself
I just thought this would be of interest to my Aussie Friends who are following this Blog, I’ve recently decided to take control of my own Superannuation Fund and trust me its a great Fun … I’m no longer depending on those so-called Fund Managers who have blown up our Super during the Global Financial [...]
Jan
4
2010
4
2010
Article: Does Technical Analysis really work ?
I had an argument recently with a friend, he is a big shot, works for a big Investment Bank and for sure knows a lot about the way Financial Markets work … he argues “Technical Analysis only works in certain places or markets, the markets which are Free and move on the Investor’s sentiments. Technical [...]
Dec
9
2009
9
2009
Greece … leading indicator ?
Rickos, a friend from Forex Forms mentioned the possibility of countries like Greece and Hungary dragging down the whole Euro Zone and of course the Single Currency “Euro” along with them. I’ve been watching the Indices of these two countries since the Dubai Crisis started as the experts reckon these two countries (Greece being the [...]
Oct
13
2009
13
2009
Opinion: Market Cheerleaders
I’m a Swing Trader, dont care much about where one currency or market is heading to. I learned sometime back that the Trading (in general) and Forex (in particular) is a Game of Emotions, if you set your mind straight then the chances for success are quite high. Still, I come across quite a few [...]
Oct
12
2009
12
2009
Links: Partner Bloggers
What Blogs I follow well, its not a long list actually, there are a handful of them and most of them are my Forum Friends. Here is what I recommend: 1. FXAprendiz: Swiss Open Champion. USDCHF is one of my favourite pairs to trade and Aprendiz’s Butterflies, Bats, Crabs and other lovely insects have always [...]
Sep
27
2009
27
2009
Article: Is Forex the right thing for you ?
I’ve been thinking about my previous post Article: Why You May Never Make Money as a Trader and I thought I would share some interesting things I’ve come to realize. Lets sum-up the whole article in a single word and that is ATTITUDE You’re guaranteed to make absolutely NO money EVER in your life from [...]
Sep
20
2009
20
2009
Article: Aussies longest working week in OECD
I just came accross this excellent news item published at News.com.au. I’ve been talking about this particular topic since last few years with my family and friends where I’ve shared my discomfort with the ever-increasing demand to allocate more hours to my working week. This demand hasnt been pushed by one person and / or [...]
Sep
20
2009
20
2009
Article: Why You May Never Make Money as a Trader
Rickos, a friend from FXRoom24 Forum has posted an extremely interesting article published by CNBC. Market coach Doug Hirschhorn, PhD, discusses the six reasons some traders will never make money. While there are a lot of traders out there, many of them don’t make any money. Well, it’s time for a wake-up call folks. Here [...]
Sep
2
2009
2
2009
Trading Strategy: Martingale Method of adding lots
I had discussed earlier on Forum www.fxroom24.com about how I use my own version of Martingale Strategy in my Trading. This may not be the original Martingale method used by the Gamblers in Casinos but this one works pretty well in Trading and it basically makes sure that the Trade finally ends up in Profit. [...]
Aug
10
2009
10
2009
Article: Importance of Chikou Span in Ichimoku
Recently on a Forum, I read a post where someone had posted the link to Youtube video http://www.youtube.com/watch?v=k-XG77_cooQ which explains how Ichimoku works. In my opinion, its a nice video but there is a major problem with his explanation. The guy at 0:58 talks about the Three Ichimoku Lines and tells us that he has [...]
Jul
15
2009
15
2009
Article: Introduction to Ichimoku
Since Ichimoku has recently caught a lot of attention in the Trader’s circle, I thought I’ll take some time to explain everyone what Ichimoku is all about … Few important points: Please note in advance that some of the concepts and interpretations you find here on this page will be quite unique and might contradict [...]
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