ForexSpirit

Sometimes I get a bit behind on reading The Economist. Such was the case this week as I found myself still flicking through a copy from last month which contained the article King plays God, which stated that Mervyn King, the head cheese at the Bank of England, was suggesting the abolition of [...]

It’s been almost three years since The Economist has had a front page currency related story. The last one was in November 2007 and discussed the devaluation of the US dollar. At the time I commented on how these sorts of reports can be an excellent contrarian indicator. Unfortunately, I ended up [...]

At the start of September I was bidding my time while opening up a forex account that can handle hedging. Once everything was in place I dove straight in and started trading the millipede method on a live account. This was a pretty bold statement of intent on my part as I had [...]

I’ve been following two threads on Forex Factory for the past week, which is a rather rare occurrence these days. Both are fascinating, but for different reasons.
The first is Jacko’s House of Pleasure and Pain, a thread which I have referenced quite a few times in the past, as I attempted to replicate Jacko’s [...]

I haven’t had anything really pressing to talk about in the last few weeks, so this update is just a mish mash of various thoughts and observations.
I’m still on the price action trading path. All trade entry, exits and market musings are still being recorded. I’m not spending as much time as I [...]