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My Account Got Shut Down And Where I Go From Here

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As you have seen from my Wallaby posts, I have been using a demo account to track my real-time trading results in the EURUSD.  However, when I logged in last week, I was disappointed to find out that my demo account had been closed.  Crap.

I chose IBFX to demo trade with because as [...]

Sitting On Your Hands Is Also A Position

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I have received a couple of questions this week asking if I am still trading.  The short answer is yes, I look at the charts daily.  The reason that I have not been blogging trades is that my setups have not been hit this month.

Actually, it did go off once, but I wasn’t [...]

Can Twitter Be Used As A Forex Trading Indicator?

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I was talking to one of my friends who trades stocks and he mentioned that he watches the stocks that he is trading on Twitter to see what people are saying about those stocks.  Then he uses that as a gauge for market sentiment and is one of the factors that he takes into [...]

Limited Time 32% Off Deal From Trading Heroes and Forex Tester 2

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Hello Traders,

Hope you are doing well during this hectic holiday season.  If you are not trading well and wonder what you can do to improve your trading, the first thing I always recommend is doing some serious backtesting.

Doing this will not guarantee your success of course, but it will put you way [...]

Is Google+ Worth Joining For Forex Traders?

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I have been on Google+ for a few months now and I must admit that I like it better than Facebook.  I still use Facebook because it is the 800 pound Gorilla of social media, but G+ does deliver a different and I would argue, better experience.

First of all, there isn’t as much [...]

EURUSD Wallaby Trade Testing – Changing The Profit Target

Wallaby in action

In my Wallaby Trade followup analysis, I wondered what the testing results would be if I used a strict 1:1 Reward/Risk profit target.  This would probably increase the win ratio, but would it be more profitable overall?  If are not familiar with the parameters that I used in the first test, read this post [...]

Mobile App Review: Hypnosis on the Run – For Traders

Hypnosis on the Run

I’m always looking for ways to improve my trading and I’m willing to try anything out.  This was put to the test when I got an email from the folks at Hypnosis on the Run (HOTR) last week.  They asked me to review their app that is supposed to help traders trade better in [...]

EURUSD Wallaby Trade For November 14, 2011

eurusd-trade-2011-11-14

I missed a trade last week, so I wanted to be sure that I was on top of it this week.  This trade came up on Sunday, so I took it.  It was a pretty standard trade, nothing special.  However, I did exit too early, so I didn’t make as much as I should [...]

Can Siri on the iPhone 4S Make You A Better Forex Trader?

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The Siri digital voice assistant on the iPhone 4S is still in it’s development phases, but it can already do some pretty amazing things.  I’m sure that you have seen videos on some of the funny responses that you get when you ask dumb questions.  I am still getting used to actually talking to [...]

How To Video Journal Your Forex Trades

myfxbook

Sometimes keeping a trading journal can be tough.  You have to create screen captures, write notes on them of the entry and exit and then type up an explanation for the trade.  If you have multiple trades a night, it can be a real pain in the ass.  But a trading journal is essential [...]