ForexSpirit

Some technical issues on Oanda’s FXGame platform returned to thwart me today. This resulted in a couple of limit orders not executing which hampered my performance for the day.
In the end I was happy to settle for three positive trades.
Trade 1
Short GBP/USD
Entry: 1.5449
Exit: 1.5439
Pips: +10
Trade 2
Short EUR/USD
Entry: 1.2536
Exit: 1.2527
Pips: +9
Trade 3
Short EUR/USD
Entry: 1.2555
Exit: [...]

11 November saw Veterans Day being celebrated in the United States, while other parts of the world observed Armistice Day or Remembrance Day. All US banks and government agencies were closed which normally leads to thin trading if the markets remain open.
It looks at if the US dollar bulls took advantage of the situation [...]

Five profitable trades to start the week off with. I did have a few resting limit orders in on GBP/USD but none of them got hit today.
I thought that the news from yesterday which reported that China had set aside 4 trillion yuan (about $586 billion) to help stimulate the Chinese economy over the [...]

My technical issue with Oanda’s FXGame platform seemed to resolve itself sometime yesterday evening as a resting limit order sell on EUR/USD was successfully executed just before 23:00 EST along with its associated profit target limit order.
Today’s NFP numbers were as dire as expected and Pending Home Sales came in just over a percentage [...]

Watch as Nassim Nicolas Taleb tries to explain his Black Swan trading strategy to two CNBC anchors.
“It’s more complicated than that”, Taleb laments repeatedly as his trading method is distilled down to making money on extreme events.
Unfortunately you’re on television with less than five minutes to discuss things. Complicated doesn’t cut it; dumb [...]