Archive for January 2010

Adventures of a Trader in the Forex Land (4) – About Japan and Big Mistakes

I tried last week to trade yen against the news. I thought that the news release on China (that exports are much stronger than expected) will actually move the yen a bit upwards versus other currencies, then the Japan currency will resume its decline. In brief, I was arguing that the yen appreciation will last very short. Read more

Nexus Phone – A Revolution?

The answer is – hardly yes. As much as Google would like to argue against it, the Nexus phone looks too much as an IPhone to be so different.
It is true, Nexus has what IPhone does not have – an open platform operating software (the famous Android revamped), the possibility to write your own software applications if you like, the fact that it comes unlocked. But if you really want an IPhone, you can unlock it one way or another, everybody knows this. And Apple takes advantage of this in order to justify its outrageously high prices for its mobile handsets. Yes, Google is honest in this respect. You do not pay indirectly for the mobile phone via your mobile phone subscription. By the wway, did you know that the mobile phone operators (AT&T, Orange etc) which enter into agreements with Apple pay 10% of the subscription fees to the computer hardware producer? Read more

The Adventures of a Trader in the Forex Land (3)

Here we go further with our forex blog here, on The forex trading insight of today’s blog is quite simple – I found out a rare pattern which could be interesting for  the amateur or professional money makers.

I was looking recently on my IPhone on the EUR to USD (EURUSD) pair. Although I do not trade it, the EURUSD is the most traded pair on earth, so it meets the criteria for perfect trading – high volatility, liquidity, accessibility 24 hours. For me, the EURUSD is like the master market for the online trading, so naturally I look at it periodically. Read more