Archive for month: April, 2009

Disaster cooking

10 April, 2009 (13:19) | Journal | By: Colin McGinley

I’ve only just stumbled across this article in Wired from a few months back but I think it’s well worth a read.
Recipe for Disaster: The Formula That Killed Wall Street
It’s amazing how the simplest thing (even if it is a not-so-simple formula) can have such a huge impact, both as part of the huge [...]

Money Maps

10 April, 2009 (13:02) | Technical Analysis | By: Colin McGinley

This one came out of left field and I have no recollection of how I stumbled upon it.
FXMoneyMap at its heart revolves around a scalping approach based on moving averages in multiple time frames.
It’s well worth checking out their video website as it is very slickly done and contains a decent amount of information on [...]

Sweet Spots

9 April, 2009 (13:13) | Journal | By: Colin McGinley

If you browse trading forums then there’s a pretty high probability that you’ll have come across Avery Horton, aka TheRumpledOne (TRO), and his prolific indicator writing ability. If you’re familiar with said person then you’ve also probably seen him get banned from said forum.
If you’ve been around long enough you’ve more than likely seen [...]

Whickty Whack

8 April, 2009 (14:45) | Technical Analysis | By: Colin McGinley

The next in the series of shiny trading ideas to catch my beady eyes revolved around long candlewicks.
I stumbled across a relatively simple trading method that uses long candlewicks as reversal points on the ForexNewsTrader website.
It boils down to a wick of 10 pips or more on a EUR/USD 5 minute chart signifying the strong [...]

Logically

1 April, 2009 (16:34) | Books | By: Colin McGinley

Trading research involves a lot of time spent trying to find and evaluate new or interesting techniques and approaches.
Everyone has their own filters that need to be gotten past before a golden nugget is deemed to have been uncovered. These filters get more sophisticated, targeted and refined as experience is gained.
Often times new connections [...]