Tuesday, April 13, 2010

Day Trading

I miss my day trading days !

Especially when I am now in Asia and there is a time zone difference. So that means I have to wake up in the middle of the night which is day time in US to monitor the currency market.

Tiring, but if you want to be in forex, there is no choice. Even with the aid of expert advisors running on ur metatrader platforms..... LOL, you cannot help it but want to monitor your trades opened as you are human after all.

Oh well, I hope my short term trading and scalping strategies will pay off during fundamental news annoucements !

Do let me know what else you want me to write about on currency market or on EAs or even hosting.

I advise checking up on forexfactory news event coverage.

Have fun people ! And happy trading ! Make money !

Sunday, April 11, 2010

Mid Month Blues

Howdy people !

How's your trading week so far ?

Any good news and income to share with all my readers ?

Wall Street Journal, forexfactory, forex.com even, have been very good sources of information on currency news around the world, in particular US.

US is a main driving force in the world economy and any announcement will rock the entire worldwide market.

Again, there are many good platforms (saxo, etoro etc) out there eager to earn your money. Make the right move and make money off forex too !

Just remember : There is no such thing as instant riches ! So read all the fine print and not be carried away by promises of 6-7 figure income per month on forex trading. Nothing is free in this world. If everyone can make such money, then no one will be working ! So just be patient and learn from scratch. Use a practice trading account first !

Wednesday, April 7, 2010

Forex News Calendar

For those who are new to forex, and want to trade on forex news, you can always follow fundamental events that will influence currency movements.

You do not have to follow all news. Just concentrate on the major ones like job rates, interest rates etc. Once you are familiar with how the currency markets move vis-a-vis fundamental news events, you can try your hand at forex trading. You might even make money as a short term trader on economic events !

A good place to check out the latest fundamental news release will be at forexfactory.com as well as forexpeacearmy.com

They will be able to provide you with the dates and time of all events that are coming up.

You can either base your judgement on the news and prepare yourself to buy or short, or you can even engage the use of an expert advisor that can operate on metatrader platform to trade based on your instructions.

I hope this helps !

Monday, April 5, 2010

Really Thank You for Coming By

Hey readers,

thanks for coming by !

I have been down with flu, cough, fever, and not be active on blog for 1 plus week.

But I do appreciate your coming by.

Keep the mails coming !

Hopefully I will be better soon and place some stuff which I will collate from forex factory or forex peace army sites.