Can you be successful at currency trading?
Well I sure hope so, otherwise I’m going back to bed!
I just wanted to say hi quickly to everyone and give a quick mid week update on what’s happening on my end of things. First of all we’re having a good time in the group, we meet pretty much every morning and trade the US session together, we’re seeing some pretty good quick runs in the market. Much of the movement happens between the hours of 7am PST and 8:30am PST, it’s actually interesting how concentrated the movement can be when you really dial in the times. So far we’re rolling in some positive pips and having a great time doing it, it seems that every morning Tank (my black fur ball of a dog) comes into the conversation notifying ALL of us about his “need” to take a walk! As Bryan R. puts it, “if Tank needs his morning walk, it’s time to close the trades!” I feel like we need to change the name from All About Pips to “morning talk radio”… it’s almost too much fun to be considered work!
However make no mistake about it, we’re serious as a heart attack when it comes to trading and learning EVERYTHING we can about how to be a better trade this monster of a market called the Forex! We start our US trading session at 6:30am most days, during the first 30 minutes there’s little movement and it’s the time I demonstrate all the set ups and do an analysis of several currency pairs that are of interest for the morning. We sit with our fingers on the pulse of the market ready to act at any moment that the market should move. It’s fun, entertaining, EXCITING and most of all profitable!
Forex trading has come a long way since I started back in the 1700’s… although I DO miss the bag of coins we used to carry around with a scale, all this modern day charting and internet just makes it TOO easy!! 
I found an interesting article on bloomberg about what one writer sees as the future of currency trading, I couldn’t help but share it with everyone, it’s brief but quite interesting AND encouraging, have a look:
The future of currency trading
Also we have seen quite interesting movement in the USD over the last 24 hours and the FOMC minutes today we were strong influences in the strength of the green back over the last 12 hours, read more about it here:
Enjoy some trading and reading this fine evening and we’ll see you all bright and early Thursday morning for our live US trading session.
Jared J.