Archive for month: September, 2007

Riding the trend

21 September, 2007 (14:11) | Journal | By: Colin McGinley

This is the last post in a series recounting some trading questions put to me and my subsequent replies that hopefully provide a modicum of clarification. The section dealing with breakouts is a good refresher, especially for me, given my inability to ride all the breakouts that occured this week. The first [...]

Twilight Zone trading

21 September, 2007 (13:31) | Journal | By: Colin McGinley

It has been a bit of a frustrating week with regards to my trading activities.
My plans of action have all been good, but I either thwarted myself out of following through with them or the market just missed my limit orders.
I carried a Q3 trade over from the prior week, which had been entered at [...]

Mrs. Watanabe is down but not out

18 September, 2007 (11:08) | Journal | By: Colin McGinley

Last Sunday’s New York Times contained an interesting article on how Japanese Housewives Sweat in Secret as Markets Reel. It gives an interesting overview of how involved Japanese housewives are in the world of currency trading and how much impact they have. With their hands on the purse strings of Japan’s huge savings [...]

Blogroll update

14 September, 2007 (14:56) | Journal | By: Colin McGinley

I’ve done a quick update to the blogs and websites listed in the Blogroll section.
Dismally seems to have dropped off the web so I have removed it for now. There hasn’t been a new posting on that blog in a long time so I fear it may not be coming back.
I was giving up [...]

Breakfast patience

11 September, 2007 (11:05) | Journal | By: Colin McGinley

Euro seems ready to test the recent highs around the 1.3850 area today.
This obviously means that the profit target for my NFP trade was hit. It was actually touched yesterday morning, after which price drifted slightly lower, hovering just under the 1.38 level for the rest of the day. Today price has bounced [...]