16 Dec, 2008
Posted by: Milton In: Directional| Macro
Bit quiet on my trading front lately, busy with real work mostly and the few times I’ve looked at a trade it hasn’t been quite right.
I just read an interesting interview with an analyst called Stephanie Pomboy talking about the USD with Barrons though I read it courtesy of 1440 Wall Street.
A key quote for [...]
This thought coming from outside where I was thinking though I find it very interesting, and they’re pretty solid arguments.
With Switzerland having a GDP of about $300billion, they can’t afford to bail out UBS and Credit Suisse, interesting times ahead.
More to read on FT Alphaville, Portfolio.com and Crooked Timber.
Make sure to have a look at [...]
I’m a big fan of Jim Rogers, it seems all general world ideas I have are rather similar with his outlook on the world. There is one major difference (OK maybe more than one when you consider the differences in net worth etc. ), he knows about a LOT more asset classes than I [...]
25 Oct, 2008
Posted by: Milton In: Directional| Market Neutral
I have a strategy which I’ve been trading/testing for a while now with pretty good results (still needs some fine tuning). I’ve been trading that strategy and only that one (I don’t have a lot of time for trading). I’ve been thinking recently damn I wish I went short on the AUD, GBP and EUR [...]
One of the people I follow on twitter is previous, I just noticed a graphic he posted a link to (sorry I don’t know the original source), I thought it was quite interesting, not so much from a FOREX perspective, though more from an American economy perspective.
Make sure to click through for the full sized [...]
One of the prominent mainstream aussie bloggers Duncan Riley has a post in which he’s trying to work out what is up with the aussie dollar.
One of the key factors in the recent decline of the aussie dollar is what is known as the carry trade.
The key thing with carry trades is relative interest rates [...]
The RBA have taken a big chunk out of interest rates. Dropping from 7% down to 6% in one big drop.
I shut down my AUD hedge (I live in Aus) this morning (damn it has hurt a bit!) and I’ve taken a small short position hoping that this might continue to fall.
Cash Rate Target [...]
Forex Howto is a site that I setup some years ago, I neglected it for a couple of years and now it's back online.
It will have my progress as I explore the world of Forex trading and my experiences in trying to profit from it.
If you need to contact me, just leave a message on any of my posts and I'll be sure to read it.
About me: I'm a 31 year old aussie living in Sydney, Australia.
I work as a programmer and hope to someday use my programming skills and growing knowledge of FOREX to work fulltime, ideally in an automated trading setup.
A couple of pages which might be of interest to new traders: