Author Archive
Friday, May 14th, 2010
Down week
This Friday winds up my worst trading week of 2010. The volatility after last week’s interday plunge in the DOW seemed to have stayed in the currency markets this week. The Euro plunged to levels never seen before, as the world runs around worrying about where, if anywhere, is a safe haven for my money. [...]
No Comments » - Posted in Uncategorized by wdevauld
Friday, April 2nd, 2010
Ratio Prices
A feature that is incredibly handy on StockCharts.com is the ability to quickly generate charts showing the ratio between two tradable entities. By simply placing a colon (:) between two tickers or index symbols you can bring up a chart showing relationships between such things as Gold to Silver, Texas Crude to the USD Index, [...]
No Comments » - Posted in Uncategorized by wdevauld
Wednesday, March 31st, 2010
Joy!
Google Finance is in Canada! Now TSX listed stocks can be compared, and monitored through the amazing portal that Google has created. Tweet This Post
No Comments » - Posted in Uncategorized by wdevauld
Friday, January 22nd, 2010
Forex Risk Management through Position Size
We regularly size our forex positions based on the amount of risk we are willing to assume. To detail a feel for the steps that are gone through for each trade, we’re going to go through all the steps based on a hypothetical scenario. Our situation is a young, go-get-er that is managing a ¥1M account. Because [...]
No Comments » - Posted in Forex,Learning,Risk by wdevauld
Tuesday, January 12th, 2010
Free Tools
FINVIZ has for a long time been our go to for quick charts, scans and news. They sweetened the deal adding Forex Majors, Gold, Silver and Oil. Now it would appear they give you quotations for Futures 24/7. If you like what FINVIZ provides, you may want to consider signing up for their Elite program. [...]
No Comments » - Posted in Charts,Learning by wdevauld
Sunday, December 20th, 2009
AUD/USD – Small Long Term
A longer term pattern that may turn into a head and shoulders reversal on the AUD/USD currency swap. Head of 0.940 to a neckline of 0.895 is about a 450 pips measure giving a target of 0.850 A stop could be placed at 0.9320 where a breach of the shoulders would invalidate the pattern, and [...]
No Comments » - Posted in Charts,Forex,Journal,Opinions by wdevauld
Tuesday, December 15th, 2009
Looking at AUD.USD ahead of RBA’s GDP numbers
We’ve been in and out of several positions on AUD/USD in the past couple of weeks. We slightly ahead in trading with a few excellent positions balancing out a few more that stopped out. Tonight the Reserve Bank of Australia is releasing its GDP numbers, and as a result we’re analyzing recent price action to [...]
No Comments » - Posted in Forex,Journal,Uncategorized by wdevauld
Sunday, October 11th, 2009
Collars outperform
The Options Industry Council released a study that compared equity buy and hold against active and passive collar strategies. You can grab the study here. Tweet This Post
No Comments » - Posted in Learning by wdevauld
Friday, September 11th, 2009
Covering GLD
Gold as an investment is being tossed around more and more. Gold is near all time highs, and as of this writing is over $1000USD / oz. Although it hasn’t yet closed over that level. If you pull pack and take a look at a longer timeframe of the continuous contract, most can pick out [...]
No Comments » - Posted in Charts,Strategies,Trading by wdevauld
Thursday, July 23rd, 2009
The Loonie is gaining against the Dollar
Last night the Loonie gained a cent against it’s southern neighbour. The recent gains can be attributed to the BoC saying that the recession is currently over in Canada, coupled with the march up in the price of oil. Difficulty is that as the pair moves towards parity, Canadian exporters start to feel pain, as [...]
