Your Trading System Needs Internal Controls |
I've said this before, but it's worth repeating - especially after reading about the rise and fall of Soul Trader's Grail forex system, which I always regarded as one of the most advanced automated sy... Posted by Forex Forays on Thu, 18 Oct 2007 12:45:00 PST |
Back in the Market After Some Forward Testing, a Bad Carry Trade, and a Bit of Boredom |
Hello again, and apologies for this blog's recent suspended animation. For various reasons hinted at above I decided to give forex a rest for a while - but I'm now back and have just made my first for... Posted by Forex Forays on Fri, 12 Oct 2007 09:47:00 PST |
Crazy Candlestick Pattern |
I just thought I'd point out this rather rare candlestick pattern from last week's EUR/USD daily charts. This unusual creature emerged on May 29, undoubtedly in response to some piece of news I wasn't... Posted by Forex Forays on Tue, 05 Jun 2007 08:28:00 PST |
Beware of Sloppiness |
Yesterday I made a trade I shouldn't have, and I made it because I was rushing through my trading routine and not paying enough attention to important little details. In short, I was sloppy. Read the... Posted by Forex Forays on Sat, 02 Jun 2007 12:12:00 PST |
Back on Track with FXCM |
Yesterday I made an overdue switch of trading platforms from FX Engines to FXCM's TradeStation II. If you've been following the last couple posts you already know the reasons: FX Engines has been down... Posted by Forex Forays on Thu, 24 May 2007 10:26:00 PST |
The good news: a seven trade winning streak. The bad news: the last two don't count |
As if to prove that nothing can ever go completely right in forex, I woke up today to find that my trading system made its seventh winning trade in a row - definitely a new record for real trade predi... Posted by Forex Forays on Mon, 21 May 2007 03:27:00 PST |
Missed a winning trade. But I'm not upset. Really. OK, maybe a little. |
If you've been following the blog much lately you'll know that I currently get a lot fewer trading signals because of some strict filters I've set up. So when a trading signal does come along, it's a ... Posted by Forex Forays on Fri, 18 May 2007 10:06:00 PST |
Current Trading Strategy: Slow and Steady |
There's a lot less daily drama and a lot more sitting on the sidelines in my forex trading these days, and so far it's a strategy that seems to be working. Read the rest of this post...... Posted by Forex Forays on Thu, 10 May 2007 11:47:00 PST |
Global Forex Trading Launches DealBook Web |
The first forex trading platform I ever used was Global Forex Trading's DealBook FX software, which I liked for its many charting options and indicators and fast trading performance. But I always felt... Posted by Forex Forays on Wed, 02 May 2007 01:35:00 PST |
Hoping for Whipsaws |
Strange as it sounds, my current trading system has me looking forward to days with extreme price swings, or whipsaws, which I used to anticipate with dread. Read the rest of this post...... Posted by Forex Forays on Mon, 30 Apr 2007 12:30:00 PST |