Trading Groove
Swing trading Forex with a full-time job

It's Been a While...

October 25, 2008 16:07 by JEB

Whelp, it's been a while since I've posted.  My "real" job has been keeping me very busy the last several months, and it's been hard to find time to post amidst the many summer projects that have been occupying my time this summer.  I have not, however, curtailed my trading or my study of trading and the markets.

I've recently come across a thread at ForexFactory.com that has had a profound effect on me and how I approach the markets.  In Jacko's Forex House of Pleasure and Pain, the thread starter details his medium- to long-term strategy for trading EUR/USD.  Jacko has a simple yet powerful approach to the markets and presents it in a way that is very accessible and digestable.  His method struck a chord with me because it fits my personality and is congruent with the way that I trade.  I would suggest that all aspiring traders check out at least the first couple of pages of the thread.  I have started adapting some of Jacko's methods in my own trading.

I'm currently watching EUR/USD and AUD/USD, looking for a good short entry as these pairs are trending down strongly.  Since these pairs are strongly correlated, I'm watching them both to see which one gives me the best opportunity to make some pips!

Digg It!TechnoratiDel.icio.usStumbleUponBlinkListFurlNewsVineReddit

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Tags: , , , , ,
Categories: Miscellaneous
Actions: E-mail | Permalink | Comments (0) | Comment RSS

Why Blog?

April 14, 2008 15:15 by JEB

So why start a trading blog?  A few reasons come to mind...

  • Accountability - By publishing my analysis and rationale for each trade that I take, I'm less likely to take a trade without a good reason for doing so.  It's a good thing to have to justify your trades before entering into a position.
  • Journal/record keeping - Recording my analysis and trades in a blog is a good way to record my trades and track my progress (though I still keep a separate spreadsheet).
  • Idea sharing - I welcome any and all comments on content presented here.  In fact, I think this is one of the best ways to learn.
  • Give back - I've spent countless hours lurking on trading message boards and other peoples' blogs picking up every bit of information and knowledge relating to trading.  I'd like to pass on at least a bit of what I've learned along the way and hope that it may help at least someone in their journey.
  • Everyone else is doing it - Everyone else is blogging, so why not?!?!  Smile
Digg It!TechnoratiDel.icio.usStumbleUponBlinkListFurlNewsVineReddit

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Tags: , , ,
Categories: Miscellaneous
Actions: E-mail | Permalink | Comments (0) | Comment RSS

Welcome!

April 14, 2008 01:26 by JEB

Welcome to TradingGroove.com!  With my first post, I'd like to officially welcome you to my site.  I'll be publishing more content soon.  Enjoy your stay!

Digg It!TechnoratiDel.icio.usStumbleUponBlinkListFurlNewsVineReddit

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Tags:
Categories: Miscellaneous
Actions: E-mail | Permalink | Comments (0) | Comment RSS