Paying The Price of Failure!!
There are many in the financial markets for whom 2007 is proving to be extremely painful, and I am certainly not referring to the problems currently afflicting the great and the good at investments banks such as Merrill Lynch where the chief executive, Stan O’Neil is preparing to fall on his sword for a price [...]
Forex Brokers - Dealing Broker or ECN
For new traders ( and even experienced ones) the decision on the type of currency broker to use is a difficult one. In recent months the forums have been full of horror stories of brokers trading against their clients, of winning trades being closed out at a loss, and of unethical practice across the platform. [...]
Carry Trade - NZD/JPY
Hope you took your profit yesterday on the above trade following the hammer candle on Monday. I closed out with 105 pips on the trade as I do not want the trade open during the interest rate announcement. After the announcement we will see what happends - it may be time to enter again, but [...]
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