I am sitting out of the currency market this week and observing. Something big may happen – or not. The Brits may vote to leave the EU – or not. And if they do choose to leave – then what?
Lotta questions – very few answers. I do not know – and I […]
There are probably more emotions involved in trading, but as far as I am concerned there are only two – and the others are simply variations of one of those.
Fear and greed!
Fear keeps us out of the market when we should make an entry – and conversely keeps us in […]
The following chart is a 7500 tick per bar chart od the USDJPY pair ofr most of the day of 6-6-16.
It is a pretty good example of how important the RMI is to my trading.
The RMI is a proprietary indicator developed over many years of market analysis. It was shown […]
My last post was that I was back and ready to trade – and I thought that to be true. However, Mother Nature had other plans for me. And you know that it is not nice to fool around with Mother Nature.
Living in Texas is always interesting, especially in the springtime when […]
Well, I am finally back at work and into my trading mode and my number one market to watch is the USDJPY pair. The dollar is losing its value and its future is not very bright. BUT the Japanese yen is the uglier sister. I have repeatedly said that the dollar-yen pair is a […]
Price Oscillations and Short-term Trading
When I am not doing a lot of active trading, I am actively thinking about trading. That is what I am doing at the moment and my mind is on price oscillations. Traders all think they know about oscillations but they are really quite complicated; so let’s review […]
Not only did I miss out for a time while recovering from surgery, but during that time TradeStation, which I use for chart analysis and trade execution decided to get out of FOREX trading completely and transferred (sold?) that portion of their business to Oanda. So I am now required to learn to navigate […]
I have been recovering from some minor surgery for about two weeks now and have not felt like trading or even writing about it – but I have been watching the markets and thinking about what is going on.
Once in awhile it is a good thing to just stop what you are doing and […]
Of all the major currencies, the Japanese yen probably has the worst fundamentals. The Japanese government is amassing debt with both hands and they already are deeper in debt than any other major currency – and by a very large margin. If there ever was a bug in search of a windshield it would have […]
Last week the Japanese yen moved from a high of 121.480 to a low of 116.277. That is a whopping 5203 pips of movement for one week.
Now let’s look at that in dollars. An average contract for USDJPY is about 100,000. The margin for that contract would probably be something like $3,000.00.
Let’s say […]
Exchange rates table is provided by DailyForex.com - Forex Reviews and News
Live currency cross rates is provided by DailyForex.com - Forex Reviews and News
Live indices widget is provided by DailyForex.com - Forex Reviews and News
Live commodities widget is provided by DailyForex.com - Forex Reviews and News
Author & Trader
“The SRV’s are amazingly accurate”.Tony Texas
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
Great system – couldn’t trade without it !!Frank YDavid, Panama
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
the SRV’s are spot on !!Tom CUSA
- June 2016 (4)
- May 2016 (1)
- April 2016 (2)
- March 2016 (1)
- February 2016 (3)
- January 2016 (3)
- December 2015 (1)
- November 2015 (3)
- October 2015 (5)
- September 2015 (5)
- August 2015 (2)
- July 2015 (5)
- May 2015 (1)
- April 2015 (1)
- March 2015 (1)
- January 2015 (1)
- November 2014 (1)
- October 2014 (1)
- August 2014 (1)
- July 2014 (6)
- June 2014 (3)
- May 2014 (5)
- April 2014 (2)
- March 2014 (2)
- February 2014 (2)
- January 2014 (10)
- December 2013 (11)
- November 2013 (20)
- October 2013 (13)
- September 2013 (14)
- August 2013 (10)
- July 2013 (26)
- June 2013 (16)