Friday, July 30, 2010


A move of 50 pips like this on chart gave only 19p profit, as the continuous exit/re-entry diminishes the gains (and increases the commissions expenses). Splitting is the insurance to pay against a sudden reversal of a thin, summer market, for me at least.

Thursday, July 29, 2010

Just one

Just one trade for today. Eur/jpy becomes erratic or flat on summer, as the major pair, eur/usd, takes most of the available liquidity and attention.

Tuesday, July 27, 2010

Back to work

Back to trades slowly after several days of inactivity, with these 4 little winners and a null. Last trade was average : late entry/early exit. It takes time to believe in the continuation of opposite trend.

This is my foot!

I managed to broke my foot, two days after the death of my father. For an admirer of Freud like me, this is not simple bad luck... During all August I will be in the plaster, foot on air...It happened at the moment we were planning the so needed vacation for the family...So sad that I am laughing right now...Time for reading, music, and some trading at present.

The artists creating on plaster are my daughters..

New life

This is Matilde, the new born daughter of my friend Andrea from Italy. She is just 27 days old and already a beauty! She has the eyes of an old glory of italian cinema, Claudia Cardinale!

Andrea is also in the forex world, he is a very talented person, the most intelligent computer programmer I ever met. We worked together in the past years on some indicators and forex trading and our exchange of ideas was always VERY stimulating. We created a "trading bomb" for fun, he was Dr Oppenheimer and I was Dr Neumann..Our long conversations over the internet will be published some day, I am sure about that! Διάλογος, discussion in ancient greek, means that two minds can produce more ideas when they are in contact than separated, according to Plato.

All the best, Andrea, with the new woman in your life!

Friday, July 23, 2010


My father passed away yesterday morning, after a long agony. This little video, the best I ever found on YouTube is for him. Three minutes of pure spiritual force and human greatness, by the big Yehudi. In fact, my fathers' life was like this Chaconne : grave et triste, an endless fight.

Sunday, July 18, 2010

No much trading

My father is on his final agony these days and I didn't have the time or the desire to trade during the week. I traded only this on last Thursday and the number of compulsive or unnecessary trades on the chart proves the obvious : I am emotionally and physically exhausted.

Friday, July 9, 2010


...when I wake up, the move was stopped and trading inside the range was quite difficult.

Mediocre day

Not in my best today, with late entries and poor concentration. Started with two little winners, which were below the dynamics of the move.

Thursday, July 8, 2010

Wednesday, July 7, 2010

Back to action

First interesting day after 4rth July's somnolence. There was some action today. Stayed aside on Monday-Tuesday.

Friday, July 2, 2010

Post-NFP (3)

And the last trades, splitting the trend ad nauseam. I stopped after this to see the disaster of my star, Kaka and his team Bresil against the mean (and much more clever) Dutch gang..

Post-NFP (2)

..the market then slowed down, the breakouts didn't work and I had mixed results.

Post-NFP (1)

4 fast winners after FOMC announcement. I could end my day at this point  but I wanted more..

Thursday, July 1, 2010


An awfully stupid contra-trade here, which I can explain as an unconscious revenge for the missed previous uptrend...An R2 line in the vicinity is  also an explanation but this kind of trades is very risky in the ultra short term perspective.. I was lucky to close at a -4,8.