The past few weeks I've been somewhat preoccupied with things going on at work (my full-time job) and in my personal life.  As a result, my trading has suffered - I've missed good opportunities, and I haven't done my due diligence on the positions that I have taken.

So I've taken a step back and am taking a bit of a break.  I'm still checking the market in the evenings, but I'm not trading.  When things settle down for me in my non-trading life and a quality setup comes along, I'll jump back in.

Until then, good trading to all!

I came across a video this weekend on YouTube by a Forex trader that I thought was well worth sharing.  If you like this one, he has other videos on his YouTube channel.  Enjoy!

Happy New Year to all!

I, like many struggling traders, have a goal this coming year of becoming more consistent in my trading.  More specifically though, I hope to hone my skills in analyzing price.  How to I achieve this goal?  Through hours of screen time and diligent study of charts.

So, we'll see what 2009 brings.  With any luck, it will be a steadily rising equity curve.

I wish all who visit TradingGroove.com many pips and much prosperity in the coming year!

I can't resist commenting on the mess that our esteemed governor has gotten himself into.  I think that I and the majority of the rest of Illinois already knew that Blagojevich is corrupt - what we didn't know was the extent of his corruption.  Read about his attempt to sell Barack Obama's vacant Senate seat to the highest bidder in the Wall Street Journal - Governor Jailed in Alleged Graft Spree. 

What I find unfathomable is how brazenly he went about his business following the vacancy of Obama's Senate seat, despite knowing that for five years federal authorities had been investigating him for other potential misconduct.  And just yesterday, he told reporters, "If anyone wants to tape my conversations, go right ahead."

He said he wanted to get something for the appointment to Obama's vacant seat - well I think he'll be getting a jail cell instead.

I look forward to the day when this crook is removed from office.  It's a sad day for the state, but, unfortunately, that's Illinois politics as usual.