by Kirk Norwood | Jul 16, 2008 | Planning A Trading Career, Trading Strategies, Trading Tips
While on vacation over the 4th of July 2008 we visited Mt. Rushmore, South Dakota in the black hills. You know the place with the sculptures of the presidents of the USA. As we learned about what it took to make this monument I was amazed. It took years of work for...
by Kirk Norwood | Jul 15, 2008 | Planning A Trading Career, Trading Tips
I have had a few days away from trading. The time has been spent with family and just traveling around the country. We are in Wisconsin right now actually and I thought I would check some email and glance at the charts for a little bit. I had a trade on and was taken...
by Kirk Norwood | Jul 14, 2008 | My Trades, Trading Strategies, Trading Tips, Trends
When a trader makes a trade he should always monitor the trade no matter how long he is going to keep the trade on.  To monitor a trade easily it is best done on time frames higher than those in which he normally trades. A trader can see a trade more clearly when...
by Kirk Norwood | Jul 11, 2008 | Trading Tips
We get asked all the time about converting times, trading times, and market hours. Here are two sites to help with GMT conversions and FX market hours: www.timeanddate.com (see the 'World Clock' function) www.forexmarkethours.com Hope you enjoy and find a use for...
by Kirk Norwood | Jul 3, 2008 | Planning A Trading Career, Trading Strategies, Trading Tips, Types of Traders
We have heard many complaints from traders about the market being flat, the market is dead etc. Is that the real problem or is it that traders do not know what to look for when the market is going sideways? For new traders it is soon learned that sideways markets are...