ForexSpirit

This month has been particularly eventful for me.
The definite highlight was the birth of my daughter right at the start of the month. Taking care of her has been exciting, fun and tiring all rolled into one. This is our first child so it is an immensely rewarding experience.
My forex trading definitely [...]

It seems like there is a technical indicator called a McGinley Dynamic.
When I first came across this term today I was like, ‘Cool! I’ve invented a technical indicator.’
Maybe I did it in my sleep, or have somehow purged the creation from my memory.
Alternatively, it’s some other guy or gal with the same [...]

To make money at foreign exchange trading you must deposit some of your hard earned money with a forex broker. But which broker do you go with?
There are eight main factors that I like to consider when making this decision:
1. Regulatory oversight
2. Safety of your funds
3. Leverage/Margin/Gearing
4. Lot sizes
5. Interest/swap rates
6. Ease of use [...]

The first carnival of forex has been posted on ForexReader.
It includes my article on correlations, along with articles on the background to the Yen carry trade, what it takes to succed at the trading game, amoungst others.
What do you think of the first batch of forex carnival articles?

Yesterday’s FOMC announcement gave a shot in the arm to the euro, taking it decisively over the 1.33 level, even though the wording of the statement was still pretty hawkish. The ‘ongoing’ adjustment in the housing market seems to have been the clincher, especially after all the sub-prime mortgage talk over the past few [...]