Thursday, December 31, 2009
Wednesday, December 30, 2009
Nice moves in currencies of choice make for good year-end result, GBP-JPY and EUR-CAD. Take a look! http://ow.ly/R8SY fx, market
Tuesday, December 29, 2009
Few thoughts about Russian Ruble from some time ago. Surprisingly, they are still valid. http://ow.ly/QUVM
Monday, December 28, 2009
Almost time for MM -Monday Madness dance music show on C89.5 FM, or your computer http://ping.fm/oXqSs
Sunday, December 27, 2009
Early 2009 also exhibited huge volatility in currencies, setting some great trades. Like these http://ow.ly/Qh1k market, fx
Crazy volatility of 2008 was great for Forex trading. Hope these days will return http://ow.ly/QczY market, currencies, fx
Saturday, December 26, 2009
Look back at forex trading in 2009, interventions by Swiss National Bank.
http://cli.gs/UR23MB
#market
http://cli.gs/UR23MB
#market
Santa ticked me off this year. Unwrapped my present before delivery. Bad, bad Santa...
http://cli.gs/7dmGHM
http://cli.gs/7dmGHM
Few toughts about interventions with focus on EUR-CHF and some ideas for next year. Take a look.
http://cli.gs/UR23MB
#market, trading
http://cli.gs/UR23MB
#market, trading
Friday, December 25, 2009
Year ago at this time, Euro turned 10(years old) and went on a run. Thoughts and charts from the time
http://cli.gs/PnmDeT
#fx, mkt
http://cli.gs/PnmDeT
#fx, mkt
Here is a follow up to earlier post. See how breakout in NZD-JPY worked out. It will happen again http://cli.gs/pt8ZDS FX, trading
Archives- analysing conflicting charts and still making profitable trades. http://cli.gs/2sWpNd market, forex, trading
Good series of trading videos, including "Using predicted highs and lows". http://cli.gs/LJEqHn markets,
Thursday, December 24, 2009
Wednesday, December 23, 2009
Done trading, Christmas break now, but the last trade worked out nicely. I recommend to relax.
http://cli.gs/2LGegr
#fx, mkt
http://cli.gs/2LGegr
#fx, mkt
CHF-JPY trade produces 100 pips just before Christmas. Check it out.
http://cli.gs/2LGegr
#forex, trading
http://cli.gs/2LGegr
#forex, trading
Tuesday, December 22, 2009
Probably slow trading day ahead, whith EUR-AUD quietly moving the right way.
http://cli.gs/A3aRXP
#forex, mkt
http://cli.gs/A3aRXP
#forex, mkt
AUD-CAD reaches intermediate term target, but another AUD trade is still under way.Take a look.
http://cli.gs/A3aRXP
#trading, currencies
http://cli.gs/A3aRXP
#trading, currencies
Do you ever wonder how long a trade should last? Here is one way to estimate it. http://cli.gs/G86t1S fx, trading, market
Monday, December 21, 2009
Movements are slow but this trade can still bring in few pips before holiday
http://cli.gs/etvLAp
#forex, trading
http://cli.gs/etvLAp
#forex, trading
Time to relax with MM - Monday Madness, weekly dance music show. Chloe says it will be good....
http://ping.fm/DlIkD
http://ping.fm/DlIkD
Do you know what Alan Greenspan thinks about gold standard? It might surprise you http://cli.gs/EzYgRR gold, dollar, mkt
Slow day for currencies. Seems year ago Monday before Christmas was more lively....
http://cli.gs/vpM2RY
#Market, fx
http://cli.gs/vpM2RY
#Market, fx
Sunday, December 20, 2009
Should be a quiet Forex week, but few trades like this CHF-JPY are still possible. Check it out.
http://cli.gs/etvLAp
#currencies, mkt
http://cli.gs/etvLAp
#currencies, mkt
Saturday, December 19, 2009
This trade in Gold is unfolding as expected, so far. Still ways to go.
http://cli.gs/j8naUA
#trading, mkt
http://cli.gs/j8naUA
#trading, mkt
Should you trade Forex around Christmas? Some thoughts from last year. Not much changed.
http://cli.gs/E9aBzJ
#market, trading
http://cli.gs/E9aBzJ
#market, trading
Friday, December 18, 2009
AUD-CAD exit turned out to be good, but there will be more short trades in this pair.
http://cli.gs/zypr6u
#forex, mkt
http://cli.gs/zypr6u
#forex, mkt
Good trades in NZD-CHF and AUD-CAD to close a great trading week. Take a look.
http://cli.gs/zypr6u
#market, fx
http://cli.gs/zypr6u
#market, fx
Thursday, December 17, 2009
NZD-CHF sell is still on the menue, but it is time to switch to holiday mode...
http://cli.gs/U8pW9a
#market, fx
http://cli.gs/U8pW9a
#market, fx
Good trade in EUR-GBP brings 79 pips, but what will Yen pairs do next?
http://cli.gs/U8pW9a
#trading, forex
http://cli.gs/U8pW9a
#trading, forex
Unbelieveble view of Pismis 24 and NGC 6357. Some colors! http://tinyurl.com/yz9fxn2 universe, cosmos
Check out "Save the wave" music of 80's radio show on KNHC 89.5 or your coumputer http://cli.gs/BrGBt9 Kick ass!
Wednesday, December 16, 2009
Pound trades worked good. Trying NZD-CHF now, more "exotic". http://cli.gs/E0s130 currencies, trading
Simplified version of how I use candlesticks for currency trading, a primer. http://cli.gs/JZten4 market, fx, finance
Tuesday, December 15, 2009
And here is how that trade in SEK worked out. Not bad for using long term charts http://cli.gs/nJ6pj7 trading, forex, mkt
Many trades under way and price action set up for EUR-AUD. Check out the concept.
http://cli.gs/J5SSJq
#forex, market
http://cli.gs/J5SSJq
#forex, market
Trading long term charts can be profitable in Forex. An example used not long ago. http://cli.gs/TRbsqH FX, currencies, market
Monday, December 14, 2009
Price of GBP-NZD is getting close to buy order. But it desn't mean it will happen today. See here
http://cli.gs/nYjMGu
currencies, mkt
http://cli.gs/nYjMGu
currencies, mkt
MM - Monday Madness dance music radio show starts shortly on KNHC 89.5 or any computer!
http://ping.fm/S11Zn
http://ping.fm/S11Zn
Day was quiet, but new trade looking for almost 300 pips is planned. See which pair.
http://cli.gs/nYjMGu
#currencies, mkt
http://cli.gs/nYjMGu
#currencies, mkt
Sunday, December 13, 2009
EUR-GBP is close to entry level, although it could take 2-3 days to reach objective
http://cli.gs/REd2HV
#currencies, trading
http://cli.gs/REd2HV
#currencies, trading
Trade in EUR-GBP is about to happen and a longer term view at AUD-CAD. Take a look.
http://cli.gs/REd2HV
#currencies, trading
http://cli.gs/REd2HV
#currencies, trading
Swiss Franc has had a status of reserve currency for decades. Is it still valid? Find out! http://cli.gs/n5HBzL franc, currencies, fx
Saturday, December 12, 2009
Only one full week of trading before Christmas. It still could be good, like last year. Take a look.
http://cli.gs/HMEdL5
#fx, mkt
http://cli.gs/HMEdL5
#fx, mkt
Another simple forex trading concept- straddle. Easy to use, effective. Take a look. http://cli.gs/U41Dj8 mkt, currencies, fx
Friday, December 11, 2009
After good Beast long trade, Yen pairs might sell off after the weekend. That's the feeling I'm getting. http://cli.gs/m68W4j fx, market
Thursday, December 10, 2009
In light of what is happenning to yen pairs, might be a good idea to check this beats call
http://cli.gs/4na3PU
#forex, trading
http://cli.gs/4na3PU
#forex, trading
Good day. Over 170 pips trading Kiwi and new GBP-JPY trades. Take a look.
http://ping.fm/nTekD
#forex, market
http://ping.fm/nTekD
#forex, market
If you like music of the 80's check out "Save the wave on KNHC C895 on the air or computer. Playing NOW!
http://ping.fm/gF0l4
http://ping.fm/gF0l4
Wednesday, December 9, 2009
RBNZ comments lift NZD and my Kiwi trades, like this one
http://cli.gs/tPzrt4
Details in next update
#forex, trading
http://cli.gs/tPzrt4
Details in next update
#forex, trading
Day of consolidation in currencies, but shorter term trades were still OK. Take a look at Beast action
http://cli.gs/DHNSV3
#fx, market
http://cli.gs/DHNSV3
#fx, market
Another simple yet effective Forex trading strategy. Must read http://cli.gs/HGNdS8 fx, currency, market
Tuesday, December 8, 2009
Consolidation is expected for Wednesday Forex trading, but these charts are still valid.
http://cli.gs/UgtXGY
#trading, fx
http://cli.gs/UgtXGY
#trading, fx
Yen responds strongly to new stimulus package in Japan. Will it last?
http://cli.gs/UgtXGY
#forex, market
http://cli.gs/UgtXGY
#forex, market
Interested in technical analysis? Than watch this video of John Murphy himself explaining things http://cli.gs/JrzhTU trading markets
How usefull is "hedging rule" in forex? Judge for yourself http://cli.gs/nZ1M22 trading, fx, currencies
Monday, December 7, 2009
Good series of trading videos, including "Using predicted highs and lows".
http://cli.gs/LJEqHn
#markets,
http://cli.gs/LJEqHn
#markets,
Take a look at Forex volume numbers, as well as some thoughts about Japanese Yen.
http://cli.gs/BbeLLN
#trading, mkt
http://cli.gs/BbeLLN
#trading, mkt
Sunday, December 6, 2009
This EUR-GBP set up could produce decent pips. Maybe not today, but over next few sessions...
http://cli.gs/tPzrt4
#forex, trading
http://cli.gs/tPzrt4
#forex, trading
Results of my gold trade, and awesome 600+ years long charts of precious metals.
http://cli.gs/sns0YV
#gold, silver, charts
http://cli.gs/sns0YV
#gold, silver, charts
Is currency trading in December different? Mybe, but good set ups still should be taken.
http://cli.gs/tPzrt4
#forex, mkt
http://cli.gs/tPzrt4
#forex, mkt
Saturday, December 5, 2009
December is supposed to be tough month for Forex trading but it wasn't the case last year. Take a look.
http://cli.gs/UYzdq8
#fx, mkt
http://cli.gs/UYzdq8
#fx, mkt
forex, market This is how that MACD divergence worked out in real life. Check it out. http://cli.gs/G6X9rV
Going outside Forex with new gold analysis. Take a look at possible sell there.
http://cli.gs/j8naUA
#trading, mkt
http://cli.gs/j8naUA
#trading, mkt
Friday, December 4, 2009
Today's GBP-CHF trades could repeat next week in other Swissy pairs. Similar patterns are forming.
http://cli.gs/MD3RpB
#trading, fx
http://cli.gs/MD3RpB
#trading, fx
With new long term calls coming soon, here is a look at past GBP-CHF trade, using weekly. http://cli.gs/TRa2Ls forex, mkt, trading
NFP caused nice moves, bringing 200+ pips in Swiss Franc trades. See how.
http://cli.gs/MD3RpB
#trading, forex
http://cli.gs/MD3RpB
#trading, forex
Thursday, December 3, 2009
Geithner on TV talking about "strong dollar". How can he say that with straight face?
http://cli.gs/JBzRgv
#forex, mkt
http://cli.gs/JBzRgv
#forex, mkt
You don't need much leverage to have good results in Forex. Check this out http://cli.gs/UYTLVg fx, currencies, trading
Wednesday, December 2, 2009
Primer into SDR's- possible dollar "replacement" as global currency http://cli.gs/37yXdd USD, SDR, dollar
More than 3500 pips made in 2009 trading only EUR-USD once a day. See how. http://cli.gs/2Hm4gA euro, dollar, mkt
Economic news releases and Forex. Trade them or not? Find out http://cli.gs/uSGzy4 market, fx, currencies
Tuesday, December 1, 2009
These set ups are still valid, just a matter of price reaching entry levels.
http://cli.gs/Ed9nuT
#forex, trading
http://cli.gs/Ed9nuT
#forex, trading
Very soothing image of artist conception of nearest Exo-Planet. http://tinyurl.com/ykols5l cosmos, space
Bank of Japan has an emergency meeting, with little outcome. New NZD-CAD trade.
http://cli.gs/EpQVmH
#Forex, trading
http://cli.gs/EpQVmH
#Forex, trading
Why trade currencies- part 1 of 2. Some compelling reasons here
http://cli.gs/nXWLaM
#Forex, mkt, trading
http://cli.gs/nXWLaM
#Forex, mkt, trading
Monday, November 30, 2009
Interest rates in Australia left unchanged and so are the markets. They moved more before.
http://cli.gs/sDGYUU
#trading, fx
http://cli.gs/sDGYUU
#trading, fx
Paying attention to currency futures can be usefull to spot FX traders. See how. http://cli.gs/en8Tt9 forex, mkt, trading
Sunday, November 29, 2009
One more look at the compounding effect. Do it often, make it count.
http://cli.gs/d12enT
#mkt, trading
http://cli.gs/d12enT
#mkt, trading
Few thoughts about Russian Ruble from some time ago. Surprisingly, they are still valid. http://cli.gs/YHet2M fx, trading
See what is next in store for commodity currencies. Some possibilities are outlined.
http://cli.gs/Ed9nuT
#forex, trading
http://cli.gs/Ed9nuT
#forex, trading
Saturday, November 28, 2009
Compounding can improve your Forex account and is the key to making money trading.
http://cli.gs/d12enT
#FX, market
http://cli.gs/d12enT
#FX, market
Trading Forex without any indicators, only price action. It can be done http://cli.gs/hENW6d currencies, fx,
Friday, November 27, 2009
Big moves on Dubai news produce great trades, 200+ pips NZD-JPY and others. Here's how
http://cli.gs/6rDG59
#trading, forex
http://cli.gs/6rDG59
#trading, forex
Crazy volatility of 2008 was great for Forex trading. Hope these days will return http://cli.gs/y3dZhZ
#market, currencies, fx
#market, currencies, fx
Thursday, November 26, 2009
Thanksgiving or not, currencies were active. This AUD-CAD trade worked out as planned.
http://cli.gs/T1aZ9r
#trading, fx
http://cli.gs/T1aZ9r
#trading, fx
Happy Thanksgiving! Here is what happened in Forex on this night a year ago. http://cli.gs/AUbujv
#market, trading
#market, trading
No new post today, but in light of what happened last night, this could be worth re-reading.
http://cli.gs/tRXdeZ
#market, trading
http://cli.gs/tRXdeZ
#market, trading
Do you like music of the 80's? Than check out "save the wave", playing right now!
http://ping.fm/dIpYb
http://ping.fm/dIpYb
Wednesday, November 25, 2009
Here is a follow up to earlier post. See how breakout in NZD-JPY worked out. It will happen again http://cli.gs/pt8ZDS FX, trading
Rush of activity in currencies before holiday, even if the direction keeps changing
http://cli.gs/T1aZ9r
#trading, fx
http://cli.gs/T1aZ9r
#trading, fx
Archives- analysing conflicting charts and still making profitable trades. http://cli.gs/2sWpNd market, forex, trading
Tuesday, November 24, 2009
Monday, November 23, 2009
How to select objectives for Forex trades-simple, replicable strategy. http://cli.gs/YyHYqP trading, mkt
Interested in technical analysis? Than watch this video of John Murphy himself explaining things http://cli.gs/JrzhTU trading markets
Sunday, November 22, 2009
What is next for commodity currencies? Here is one of the possibilities.
http://cli.gs/tRXdeZ
#market, trading
http://cli.gs/tRXdeZ
#market, trading
Do you ever wonder how long a trade should last? Here is one way to estimate it. http://cli.gs/G86t1S fx, trading, market
Saturday, November 21, 2009
Do you know what Alan Greenspan thinks about gold standard? It might surprise you http://cli.gs/EzYgRR gold, dollar, mkt
How to select objectives for Forex trades-simple, replicable strategy.
http://cli.gs/YyHYqP
#trading, mkt
http://cli.gs/YyHYqP
#trading, mkt
Friday, November 20, 2009
Will the oil currency make it past talking stage before oil runs out? http://cli.gs/261dqY mkt, fx, trading
Anatomy of a forex trade, a set up that will repeat over and over in future. http://cli.gs/JAzGnE market, trading
Anatomy of a forex trade, a set up that will repeat over and over in future. http://cli.gs/JAzGnE market, trading
Interested in technical analysis? Than watch this video of John Murphy himself explaining things http://cli.gs/JrzhTU trading markets
Thursday, November 19, 2009
In spite of premature exits, great trading day, including 350 pips in EUR-NZD. See how
http://cli.gs/UQPQZW
#mkt, currencies
http://cli.gs/UQPQZW
#mkt, currencies
Wednesday, November 18, 2009
Since Yuan is not a floating currency, can Yen be traded as its proxy?
http://cli.gs/JEDhpm
#fx, market
http://cli.gs/JEDhpm
#fx, market
What is Samurai Bond? Brief description and another EUR-GBP trade. Banzai!
http://cli.gs/537Bb1
#trading, forex
http://cli.gs/537Bb1
#trading, forex
Tuesday, November 17, 2009
Brief description of "Swing trading" Probably not what most people think.
http://cli.gs/uLWgsd
#markets, currencies
http://cli.gs/uLWgsd
#markets, currencies
You don't have to use huge leverage to make money trading currencies. Here is how I do it.
http://cli.gs/qTut03
#forex, leverage, market
http://cli.gs/qTut03
#forex, leverage, market
Good trading in Pound- 200 pips GBP-CAD, 118 GBP-CHF. More to come. See how.
http://cli.gs/hRrn45
#FX, currencies
http://cli.gs/hRrn45
#FX, currencies
Monday, November 16, 2009
Libor, hammer, Euro swaps, candlesticks and all sorts of other good stuff
http://cli.gs/5rnXh7
#fx, trading
http://cli.gs/5rnXh7
#fx, trading
Interested in technical analysis? Than watch this video of John Murphy himself explaining things
http://cli.gs/JrzhTU
#trading markets
http://cli.gs/JrzhTU
#trading markets
Bank of Canada complains about strong CAD. Does anybody listen, or care?
http://cli.gs/z3vUjq
#forex, trading
http://cli.gs/z3vUjq
#forex, trading
Sunday, November 15, 2009
APEC meeting is once again just talk, possible new trade in EUR-GBP.
http://cli.gs/98bsQs
#forex, market
http://cli.gs/98bsQs
#forex, market
Saturday, November 14, 2009
Friday, November 13, 2009
Swiss Franc has had a status of reserve currency for decades. Is it still valid? Find out! http://cli.gs/n5HBzL franc, currencies, fx
Thursday, November 12, 2009
Some observations about trading breakouts in currencies, with examples
http://cli.gs/UXZYXX
#fx, markets
http://cli.gs/UXZYXX
#fx, markets
Friday, January 9, 2009
What a week.
What a week it has been on many fronts. Start of the year, very large moves, an avalanche of fundamental data and all kinds of headlines grabbing news. Most telling, perhaps, is the NFP report released few hour ago. The nation's unemployment rate bolted to 7.2 percent in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs, capping one of the worst years in modern history for American workers. This is rather serious. On top of that, analysts expect January to be worse, because employers tend to wait with bad news until after the holiday season. Also, a lot of employees are forced into working less hours, or even jobs are converted into part time positions in in order to save costs.Currencies reacted sharply, with USD getting stronger. Euro lost about 300 pips, although Pound seemed to be holding ground. It is sliding now. And Yen is raising head again. It had been stealthily getting stronger for last few days and today this process accelerated. Which didn't work well for my daily GBP-JPY trades, however, there is nothing really to complain about.
(more...)
What a week.
(more...)
What a week.
Tuesday, January 6, 2009
Toyota in trouble
US automakers are not alone in feeling pain. Toyota, which just recently has passed GM as the world's largest producer of cars, has taken a rare step of shutting down production for 11 days. Only plants in Japan are scheduled take this drastic step. This follows three days shut down that took place in December. This step highlights the impact of the relentless decline in global demand for cars, which plunged over 35% in December. To be fair, Detroit's troubles started well before recent economic slowdown, and were somewhat different that Toyota's. Regardless, most, if not all, world's car producers are suffering.Forex commentators were quick to link this development with Yen weakness, which is probably pile of crap. Let's not forget that over last few months there were NO good news coming from Japan and Yen still managed to stage a great rally, which is overdone now. I strongly suspect, any news from Japan could be used as an excuse for falling Yen. Well, reporters have to write something.Weakness in JPY came at perfect time, when I was ready for it. Some pips were made yesterday, few more today.
(more...)
Toyota in trouble.
(more...)
Toyota in trouble.
Sunday, January 4, 2009
Back to normal
Now that all the holiday seasons are over, we can get back to normal. For a while we are done with dead days in the middle of the week, unpredictable spreads, lousy fills and even lousier service from brokers. We can start loosing money on our own accord, without having an excuse "broker screwed me". But more seriously, January has a tendency to be a busy month, with large moves and wide daily ranges. Following dreadful 2008, banks, hedge funds and other big money managers will be starting to implement their investment and trading strategies for the year. This means that large pools of money will probably be positioned in assets of choice, maybe planting seeds for bigger, longer trends. What is important about this large market participants is not only that they have buying power but also STAYING power. Once money is committed to a financial instrument or asset class, it might very easily remain there for months and years. Individual traders tend to underestimate the implications of staying power of big players, but this is one of the forces behind massive, long term moves.
(more...)
Back to normal.
(more...)
Back to normal.
Labels:
eurcad,
eurgbp,
January trading,
normal,
staying power
New Life
After prolonged absence, I decided to breath new live into this blog. For some time now I've been keeping a self hosted blog named, what else, FX Madness. It can be found here www.fxmadness.com
That blog is updated almost daily and it covers trades, lots and lots of trades. Most likely I will post some of those posts here, with the links to original. So, if you are as passionate about Forex trading as I'm, come on over, say hello and tell me what you think.
MIke K.
That blog is updated almost daily and it covers trades, lots and lots of trades. Most likely I will post some of those posts here, with the links to original. So, if you are as passionate about Forex trading as I'm, come on over, say hello and tell me what you think.
MIke K.
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