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Archive for January, 2013

This Week

Have decided to do a new post, although I have not achieved a lot personally at all this week. The Forex markets were very quiet, with very little movement either way, so I did not have a trade at all. Must admit I have been at work and have had quite a hectic week, which […]

Never leave Your Forex Wing Man

I did not write this. This comes from a winning entry from  Rick Clark in the Forex Mentor Pro Christmas competition. I believe that it is very pertinent on Forex Trading as well as life in general. It is a brilliant read and a brilliant learning tool. NEVER LEAVE YOUR WING MAN. It’s all about […]

Frustration

Spent Sunday night setting where I believed prices would react. On most of the pairs that I trade it meant a bit of movement before they reached it. Checked on Monday evening and they all still had some movement before I would start looking seriously at them. Lo and behold the GPBUSD, whilst I was […]

First Trade Closed

Closed my first trade with a profit of 51 pips. Actually I closed it early as I believed it was reversing. If I had sat on my hands it would have reached my take profit target. It is still a lesson I really need to learn is to allow the trade to run its course. […]

My Essential Monday morning view

I get an email with a link to a video every weekday. This is one from Marc Walton from Forex Mentor Pro for a Monday morning view. It really helps set up the week. he does not tip as to where to to take trades, but gives you areas that you need to look at. […]

First Trade 2013

Had my first trade for 2013. I shorted GPBUSD at 1.6115. I have decided that I will not trade anything unless I have three definite reasons, and with this one it was stopping at the 76.4 daily fib, also 200 4hr EMA and the 21 4hr EMA. At the time of writing I am 5 […]

Time Off

Did not do anything to the blog or look at currency charts over the weekend. On Saturday went to the Red Hot Summer Tour which was headlined by a very famous Australian singer Jimmy Barnes. Was an incredible day with five bands playing.  It was hot 42.3 degrees Celsius, or 108 Fahrenheit. Sunday was spent […]

Motivation

Why am I doing this. I am currently an accountant working for someone else. I am looking for a change of lifestyle. One where I can make decisions as to what I do, when I do it and why I am going to do it. I believe that my experience as an accountant, and previously […]

Mentorship Continued

I am also getting into internet marketing, again I do not see this as a quick get rich scheme. It is going to take time to get set up, get your mailing lists, and get your site to the stage where people will look at it. Online marketing means Making sure that you are right […]

Mentorship

I am committing myself to both Forex trading and Internet marketing. There is no way that I can do either without the help and support from others.  If either were easy then everybody would be doing it. And I can tell you that neither are easy . Take Forex trading for instance. Go onto the […]