Archive for 'fx'

Forex Trade Tip of The Week.

Sunday, July 19th, 2009 at 1:12 pm  

Caution is still the best advice I can give if you intend to trade in this summer lull period. Very few of the forex pairs are trending and those that are, are simply moving sideways in tight ranges. I explained in yesterdays update “Forex trade examples” how you can use break outs from these trends…

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Forex Money Management

Wednesday, May 20th, 2009 at 10:47 am  

Forex Money Management. Many of you are asking me to explain forex money management. Managing your money is THE most important part of forex. If you have none left you can’t be a forex trader ! Eric sent me this, so I will use his figures to show you how I would manage his account;…

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6th May Results + 118 pips

Wednesday, May 6th, 2009 at 6:59 pm  

In April most of my 1800+ pips were made from breaks of asian high and low ranges. This week it has been bounces off 200 emas+ lots of other reasons. This is not my normal method of trading. I am adapting to the market as I see it on an almost daily basis at the…

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My Forex Story

Wednesday, April 8th, 2009 at 3:12 pm  

My Forex Story I semi retired from my day job (Managing Director of a Frozen Food company in the U.K) aged 42. Sold my shares, house, cars, the lot & emigrated with my wife & kids to the Canary Islands. We sold literally everything. Our luggage allowance was 1 suitcase each ! My very expensive…

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