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Archive for May, 2010

Profit Mongers – Monday Trading Signal 05-31-2010

Posted on 31. May, 2010 by .

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Hey folks,

My outlook on the EUR/USD is pretty much the same as it was Friday. I’m a bit contrarian thinking a bounce is still possible, but I will quickly abandon that view and look to take advantage of a selloff if we can trade lower through 1.2200. See commentary from Friday’s Update for more there:

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ForexPeaceArmy – News From Test Lab, Sive Morten and Felix

ForexPeaceArmy – News From Test Lab, Sive Morten and Felix

Posted on 25. May, 2010 by .

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The guys over at ForexPeaceArmy have added another 4 EA´s to their test lab which you can check out right here. Forex Retracer, 4x Scalper No Limit and FX Pitbull has been restarted whereas Forex Cash Evolution and FxProf Droid has crashed and lost more than 99% of account equity. Needless to say that due diligence is an absolute must, before you buy any of these hyped up EA´s.

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Learn Pennystocking – 50% off at TimothySykes.com

Learn Pennystocking – 50% off at TimothySykes.com

Posted on 25. May, 2010 by .

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Timothy Sykes is a well-known Pennystock trader. If you don’t know him, you can take a look at his blog right here. Tim is doing very well in the Pennystock market which is verified by his top rank on Covestor. If you would like to know more about Tim´s trading strategies, now you can at a 50% discount. Tim Sykes has produced a range of different DVD´s with specific trading strategies, and until the end of this month you can grab a copy at a 50% discount.

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Learn Forex Live – Hector DeVille

Posted on 25. May, 2010 by .

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Hector Deville from Learn Forex Live has decided to share one of his trading strategies for free; The 3SMA Forex System. This system is explained in a total of 15 video lessons and 6 examples of live trades. I have not had time to go through all of this yet, but from a brief look at it, it seems to be a trend following strategy, and there certainly is a lot of information. Hector DeVille has been around for some time, and his products have received a fair amount of positive reviews different places around on the net. Check out Hector´s 3SMA Forex System here

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Profit Mongers – Friday Trading Signal 05-21-2010

Posted on 21. May, 2010 by .

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Hey folks,

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Profit Mongers – Thursday Trading Signal 05-20-2010

Posted on 20. May, 2010 by .

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Hey folks,

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London Breakout Webinar

Posted on 19. May, 2010 by .

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Tomorrow early morning I will, along with DayTradeCenter (a new small company located in Hellerup, Denmark) be hosting a free webinar. There is a very limited number of spaces left, but I wanted to let you guys know. Write me back fast if you want a spot. Below is some more information about the webinar. Email me here if you want to join in.

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Forex Top 10 – A New Review Site

Forex Top 10 – A New Review Site

Posted on 18. May, 2010 by .

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Forex Top 10 is a site somewhat in the same category as ForexPeaceArmy´s review section. The site has a lot of Forex related products and services listed, and these are then reviewed by customers in the comments section. Although it is not nearly the same size as ForexPeaceArmy, there is still a decent amount of comments and some might argue that the site is visually more user-friendly. Although I only have spent a couple of minutes on the site, one thing that hit me right away, was the lack of useful information in the comments. Most of the comments is no more than 2 lines and the majority of them looks like this:

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Profit Mongers – Tuesday Trading Signal 05-18-2010

Posted on 18. May, 2010 by .

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Binge Trading by Seth Freedman – Review

Binge Trading by Seth Freedman – Review

Posted on 17. May, 2010 by .

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As I have spent this weekend relaxing in Sweden I have finally had some time to finish Binge Trading, a book written by Seth Freedman – Binge Trading – The Real Inside Story of Cash, Cocaine and Corruption in the City. The book is partially about Freedman´s own life and experiences through various positions in the city in the square mile – London´s financial center. Freedman was living this life for some six years, and sadly enough, this is only a small part of the book (the first chapter more or less). The rest of the book is a combination of interviews and Freedman´s own insights. In these interviews Freedman tries to demonstrate some of the psychological elements and personal traits of a typical city insider; what attracted them to the market, why they entered the profession, how they adapted to the high-octane environment, etc. He also tries to demystify the job of a trader, shows us the reasons for a very high use of alcohol and illicit drugs amongst traders, etc. Seth Freedman is very open about the lifestyle as well as his own addiction both to drugs as well as trading itself. However, I think the title of the book is somehow a bit misleading. The extreme lifestyle is a only a very small part of the book. The interviews have some interesting aspects, but somehow it does not give a very clear picture of a typical trader, as most of the individuals interviewed are talking mostly about their own misfortune due to a change in laymen´s perception of a trader.

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