ForexSpirit

Yesterday’s Non-Farm Payroll number of minus four thousand jobs in the month of August torpedoed the US dollar.
I had two positions open prior to the NFP data release. One was a USD-JPY short trade at 115.22 which I had opened on Wednesday. The other was an Anti-Hedge trade (dealing with all the [...]

One of the recent changes to my trading plan was an update to my position sizing. In effect I doubled my gearing as compared to what I had been using. I use a different gearing size dependent on what quadrant of my trading grid price is currently in when the trade is opened. [...]

This is the third in a series of posts answering questions asked by Kris, a reader of this blog. [Part 1, Part 2]
Thanks for your reply. I’m a little confused about guaging the fundamentals - what is the time frame for the fundamental outlook? Is it the long term fundamentals (like 5-10 years) [...]

The past week has been hectic and varied; there has been both enjoyable times and not so enjoyable. I even managed to squeeze in a bit of trading too.
Last Tuesday I flew out to San Francisco. I had a day long meeting on Wednesday with Sony’s PlayStation Developer Support team as part of [...]