Breakdown of the EURUSD Pair

Well all the news about the PIIGS taking wing in Europe have rattled the EURUSD pair.  I think it might be heading down to test the $1.25 level and I'll be keeping a close eye on it, since I'm about to start trading Forex in earnest again.

I have my models all rebuilt and my system ready to go, now its just a matter of moving to a new broker and setting up Metatrader 4.  I'm going to start fooling around with Metatrader as well as testing some expert advisors because rules based trading appeals to me and my neural nets.

I'll be starting a NEW $100 Forex Experiment and seeing how quickly I can build it up or blow out!

 

January 2010 Income Report

In January of this year, I decided to ramp up my posting frequency again for Neural Market Trends.  Part of the reason is to data mine blog traffic data for the express purpose of learning more about SEO and Internet Marketing.  I started this doing this after I had a few beers with the Market Doctor and we discussed the long tail statistics of Internet Marketing and how some blogs just make money hand over fist.

So I'm going to do a little experiment and see if I can use neural nets to maximize SEO and Internet Marketing.  January 2010 will serve as my starting metric, let's see if I can break $1000 a month by December 2010.

Channel Report:

  • Google Adsense: $11.17
  • Text Link Ads:        $29.42
  • Adify:                        $3.65
  • Affiliates:                 $0.00
  • Total:                      $44.24

The blog had 2,772 visits and 6,744 page views in January.  Average time on site was 4:29 minutes.

Is SLV Tricking Us?

$SLV is acting strangely again. A warning flag came up in my model that the trend might be breaking down in this ETF BUT it sure looked that way back in July 2009 as well.  Then it broke below the channel but stopped at the 50 week moving average. This time it poked and closed below the 50 week moving average.

Is $SLV tricking us again?  What do you think? If you leave a comment, I'll reveal my answer…