Archive for November, 2007

National Memory Screening


November 13th is the National Memorial Screening Day. This is an effort led by the Alzheimer’s Foundation of America to promote the early detection of Alzheimer’s disease. I have many friends whose relatives have Alzheimer’s disease and I can assure you , it is one of the most depressing things to go through . I for one make it an effort to contribute some of my Forex Trading earnings to the Alzheimer’s Foundation of America. It is good for me in two ways, I do feel good about contributing to such a worthy cause and it also helps me reduce my tax bill being a self employed forex trader.

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USDCHF Trade Week 1


As you know I like keeping my weekly goals simple and forget about trading forex for the rest of the week. Today’s trade was very simple especially considering that yesterday was a choppy day and there were no trade entries. Read the rest of this entry

Positive Odds in Forex Trading #2


Yesterday we discussed a little about the positive odds in forex trading. Let’s try and compare that to casino gambling. In a casino there is only one game where history has proven that the player can beat the casino, and that game is blackjack. Using a technique of counting cards, the payout rate goes from anywhere from a .97:1 ratioto a 1.05:1, depending of course on how much is wagered and how many highcards are left in the deck compared to low cards. Read the rest of this entry

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