Weekly FOREX Outlook
Written by admin on July 27, 2009 – 3:06 am -The Dollar seems unable to make a move in either direction these last few weeks. The ranges have given us many great trading opportunities but lacking of actual direction. We continue to want to own Dollars at these levels but caution is still the word for the week ... Read more
Tags: FX Trading
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Weekly FOREX Outlook
Written by admin on July 27, 2009 – 3:06 am -The Dollar seems unable to make a move in either direction these last few weeks. The ranges have given us many great trading opportunities but lacking of actual direction. We continue to want to own Dollars at these levels but caution is still the word for the week ... Read more
Tags: FX Trading
Posted in Uncategorized |
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FX Trading is “Waiting”
Written by Derek Frey on July 24, 2009 – 12:02 pm -“FX Trading is waiting” Let’s face it, trading while exciting at sometimes is quite a lot of hurry up and wait. When I took my first trading mentorship, my mentor said “fx trading is waiting”. At the time I thought he was just having a frustrating day. ... Read more
Tags: forex market, forex trader, FX Trading, limit order
Posted in FX Trading |
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Forex Market Volatility
Written by Derek Frey on July 22, 2009 – 7:24 am -Forex markets that are manipulated by governments, with the best of intentions of course, historically serve to create the very thing they are trying to fight, Volatility. Forex markets have seen huge increases in volatility over recent years. Princess Leia in Star Wars said it best when she said to ... Read more
Tags: forex market, market volatility
Posted in FX Trading |
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Weeekly newsletter
Written by Derek Frey on July 21, 2009 – 1:35 pm -We have seen a prolonged distributions / short squeeze last week and expect it to spill over into this week. That being said we are happy to short the S&P above 950 this week. We are still buying dollars on dips as we have successfully now all summer. ... Read more
Tags: Range Trading
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The Real Key to Successful FX Trading
Written by Derek Frey on July 20, 2009 – 7:23 am -FX Trading is a business of odds. Much like insurance companies, successful forex traders constantly plan for the worst while hoping for the best. Just like hurricane Katrina, it is the events that you CANNOT foresee that cause the most damage. So the real key to successful trading is ... Read more
Tags: forex traders, placing a trade, successful trading
Posted in FX Trading |
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FX Trading is a Business
Written by Derek Frey on June 3, 2009 – 4:56 am -FX Trading can be one of the most rewarding “jobs” you can have. As I sit here and write this I realize that because I am a forex trader, I get to work from home and spend more time with my daughter than I would if I had the ... Read more
Tags: forex trader, fx trading business
Posted in FX Trading |
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