April 25, 2007

Are you trading with the dumb or smart money?

Posted by : Colin McGinley
Filed under : Journal

In my last couple of journal entries I’ve mentioned that a dollar rebound could be on the cards.
One of the reasons I had been thinking along these lines is that the euro hasn’t been too convincing up till now at really testing the all-time high near 1.3665 (although it came within a whisker earlier [...]


April 20, 2007

Euro rides on sterling’s coat tails

Posted by : Colin McGinley
Filed under : Journal

The move by sterling on Tuesday to break above the psychologically all important level of 2.00 on GBP/USD put paid to any chances that we might see a blow off in EUR/USD (which I had thought might be a possibility last weekend).
Once sterling surged past the 2.00 level on much stronger than expected consumer price [...]


April 17, 2007

Healthy heart

Posted by : Colin McGinley
Filed under : Journal

Just how important is your physical health to you? Do you see it as a vital component of your trading success?
There are many facets to what makes up a successful trader. Aspiring traders love to focus on such things as trading systems, technical indicators and money management.
Eventually our aspiring trader even begins to [...]


April 14, 2007

Euro eyes clear blue sky

Posted by : Colin McGinley
Filed under : Journal

The first half of April has seen a continuation in the rise of the euro. It has broken the high against the US dollar at 1.3478 from March 2005 and is looking to tackle the all-time high of 1.3665 seen in December 2004. The euro also broke above the 160 handle against the [...]


April 14, 2007

Forex Training Explained

Posted by : Colin McGinley
Filed under : Journal

Dirk has posted his fifth newsletter, entitled Forex Training Explained.
This one deals with the topic of how people go about learning to become a successful forex trader. He examines the steps that many people take as they train to become a profitable trader, and exposes the main obstacles and dead-ends that thwart us on [...]


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