19
Jun
2008
Ichimuko Is Out!
Posted by Tom as Forex
While its visually stunning and has some technical merit, I won’t be using the Ichimuko charting indicator to trade off of going forward from here. I probably don’t know enough about it to fully use it and will resume my breakout strategy. After three strikes, err stop outs, its out for now!
Heres yesterday’s [...]
16
Jun
2008
No Currency Trades Yet
Posted by Tom as Forex
My EURUSD currency limit orders haven’t triggered yet. I’m planning on going short at 1.381 but Euro seems to be bouncing back from its lows and heading higher. No matter, my order is in place for a week and if it triggers it will confirm my short-term negative bias for the Euro.
Not to [...]
14
Jun
2008
Back To Trading Forex
Posted by Tom as Forex
Although I haven’t placed a trade yet, I’m busy stalking the currency markets again. I’ve been watching the EURUSD, AUDUSD, USDJPY, and EURJPY pairs again and I’m seeing some interesting things happening. I think we’re seeing possibly trend exhaustion in the EURUSD and AUDUSD pair signaling a possibly a top.
Why do you ask? [...]
12
Jun
2008
My Forex and Gold Article Has Been Republished
Posted by Tom as Forex, Neural Nets
Trolling through the Internet last night I discovered that my Futures Magazine article from last year, Forex and Treasuries Provide Clue for Gold, has been republished over at Traderslog. Make sure you read it quick before it gets taken down! :).
20
May
2008
How Would You Build A US Dollar Model?
Posted by Tom as Economy, Forex, Neural Nets, Trends
Its an understatement that the US Dollar is in a downtrend. Its pretty obvious which direction the greenback is going from the chart below.
My question to readers is this: if you were building a neural net model to tell you when to go LONG for a sustained rally and rebound in the US Dollar, [...]
