Archive for month: January, 2007

Reality check

12 January, 2007 (08:06) | Journal | By: Colin McGinley

I’m doing a bit of a reality check on my trading activities this morning.
The first action item from having done this is that I’ve pulled the FreedomRocks articles that I published yesterday. There are a couple of reasons for this.
The main one is that I think I was getting too enthused and focused [...]

How traders deal with uncertainty

8 January, 2007 (12:56) | Psychology, Technical Analysis | By: Colin McGinley

There is a constant challenge that must be confronted each and every day by a trader. How do I make the decision to buy or sell now when I don’t know what the future may bring?
Throughout our years of early formation, in school and in university, we have always been taught that if you [...]

Forex brokers: friend or foe?

4 January, 2007 (15:00) | Brokers | By: Colin McGinley

The fourth newsletter written by Dirk du Toit deals with the very thorny issue of forex brokers.
If you want to have a long lasting, fruitful relationship with your broker then you need to be see things from their side of the fence. While your broker shouldn’t be out to screw you over (and any [...]

The bee and the dolphin

3 January, 2007 (16:29) | Psychology | By: Colin McGinley

I really liked the quote in yesterday’s Innerworth newsletter, most likely as a result of all the personal development that I’ve accomplished over the past year or so. I’ve been signed up for their daily e-mails for quite a while now, and so rarely read the actual full e-mail as they generally tend to [...]

Rise and fall

3 January, 2007 (15:25) | Journal | By: Colin McGinley

Yesterday, the first day of trading for the New Year saw a EUR-USD move to 1.3280 in the first London session of the year. The short trading week between Christmas and New Year had seen EUR-USD rangebound between 1.31 and 1.32.
The stronger euro almost reached the median line at 1.33 within my 1.31 to [...]