Frustrating Day At The Markets

POSTED BY Seeni on Jul 29 under Forex, Market Outlook, Trade Setup

Hola Folks,
It is good to be back writing again after almost a 2 month break! Back from holidays and a weird fever infection, i am back up and running again. Not back to my best yet, but i am definitely getting there. Thank you all for your wishes meanwhile
I had originally planned to [...]

Forex Weekly Outlook-Apr 26th-30th

POSTED BY Seeni on Apr 26 under Forex

I have to admit. The market condition now is slowly starting to give me the creeps. It is a gut feeling that cannot be justified or backed up with any data or indicators, but from years of experience and dabbling with market psychology, i just get this feeling which cannot be quite explained.
There are extremely [...]

RBA Rate Decision – 6th Apr ‘10

POSTED BY Seeni on Apr 6 under Forex, Fundamental Analysis, Trade Setup

In about approximately 45 minutes, we have the much anticipated Cash Rate decision from Australia being released.
I couldn’t make out much pre-news sentiments on this trade even until this 11th hour, which means that we probably won’t have a clear cut unanimous direction with this trade setup, pre or actual trade setup.
On the background to [...]

Forex Weekly Outlook – Apr 5th-9th

POSTED BY Seeni on Apr 5 under Forex, Market Outlook

Hello again folks. Good afternoon from lovely Singapore. We hope you have had an excellent trading week and though last week didn’t quite happen according to plan, we saw some very clear trends which provided for easy trading.
We have had some surprise moves especially with the Sterling, but nevertheless, clear trends were visible and it [...]

The Truth About Trailing Stops – And it Hurts!

POSTED BY Seeni on Apr 1 under Forex, Rambles

Before i begin, i would like to define trailing stops so that we are all on the same page.
There are different usage patterns as to how one moves and manages their stop losses and therefore they tend to coin them differently.  Breakeven stops(moved to entry price when profitable), Trailing stops(continuously moves in the direction of [...]

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