Monday, October 1, 2007

Hello!

Do you trade Forex? So do I! As a matter of fact, I trade for a living. I work for a small trading company. We trade a few proprietary accounts, do some research for commercial companies hedging their international exposure. We also offer some services to general public through our website.
I don't have much to do with the website, however, as my boss decides what goes on it. Whatever is published there is not mine. My job is analysis and trading of the less popular currencies, something we refer to as "secondary crosses". Not true exotics, mind you, like Turkish lira, but rather crosses like CAD/CHF, GBP/NZD or USD/NOK. These combinations don't have much of institutional following and even less retail trading, so there isn't all that much information available about them. So I thought I'd shed some light on the subject.
I can't publish what we do in our corporate accounts, my boss would chop me to pieces. Don't laugh, the guy has swords and other ancient fighting implements all over the place. I will however disclose from time to time my own personal trades.
Short term trades, using 5M or 15M charts are not really practical for blog posting, unless I'd do nothing but post here. Well, I have neither time nor inclination for that, but I can share some trades using 1H, 4H or Daily charts.
You can follow these trades, see me make money or take the beating. Both are normal for me, just a "day in the office". It's not my intention to encourage anybody to trade but rather to chronicle my own twisted journey through the mine field of Forex trading.

You are cordially invited to watch!

Granicus.

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