Archive for month: April, 2006

Newsletters

9 April, 2006 (16:09) | Journal | By: Colin McGinley

After asking Dirk what news sources he values I have subscribed to the daily e-mail bulletins of The Daily Reckoning, Black Swan and the Daily Pfenning.  Dirk primarily uses CNBC Europe, with these email briefings just to get the odd alternate point of view.  We will see it they provide any use to me [...]

Nonfarm employment

7 April, 2006 (21:33) | Journal | By: Colin McGinley

Monthly US monthly employment data caused another dip in EUR/USD.  Even though the major banks don’t place much importance on this employment data any more, due to the ease with which it is manipulated by government agencies, it still plays a role in the market place.

Of the employment data that is released, consider the average [...]

Technical difficulties

6 April, 2006 (19:07) | Journal | By: Colin McGinley

I have been having slight technical difficulties the last few days -a trojan was screwing with wininet.dll causing net connectivity problems.  Found and fixed now.
I have initiated two entries in the meantime.  On Tuesday the 4th a comment from a Chinese offical about the possibility of China reducing its investments in the US caused [...]

An update to Q3 lot size

3 April, 2006 (21:36) | Journal | By: Colin McGinley

I took a position early this morning at around 1.2065.  This is at the bottom of Q3.  My current plan states that I should only use a one lot entry in both Q3 and Q4.  I am wondering if it might make sense to slightly alter that.  The upside to the top of Q4 is [...]

Traders International

1 April, 2006 (15:58) | Books, Journal | By: Colin McGinley

Conor and Mary’s latest venture is Traders International, following the trades of Franz Shoar in the Alert room.
It costs $5k to join TI, whereupon they have a training course and mentorship chat room that can be used.  The e-mini S&P 500 market seems to be the main market focused on.  Five grand seems to be [...]