PipStop

I'm going crazy with the weather in Vancouver. It's rainy and cold, and it's JUNE! And yes we do get a lot of rain here, but I thought last summer was horrible.

-----

++ Twittering traders are few and far between. Twitter (the micro blog site de jour) for sure has experienced it's ups and downs (mostly when big events happen and Twitterers from all around the world overload its servers). Tony Juste, late of FXstreet.com was an avid (RE: hyeractive Twitterer) but Brett Steenbarger has a great feed and over 500 subscribers!

++ A Forex game? Believe it. Interesting concept, we'll see how far it flies.

++ "It seems that the (US) Administration is strongly concerned about the value of the USD and may try to intervene in the Forex market to support it" ... uh, you think so? Of all the no brainers, it doesn't seem, it is. When US policy maker come out with bullish comments on the dollar, it doesn't SEEM, it IS.

++ I for one have been zeroed in on cable. The pound has been fun to observe. The US has recession worries, but the UK has rising unemployment and inflation worries.

++ For those beginners who scrounge the Internet for insight into when to get in and out of trades, one of the blogs on heavily trafficked BabyPips.com is a clear a signal as any that you should just focus on laying your trading foundation and becoming a trader instead of following marginal information. I mean come on I know a profit is a profit, but a performance of 149 pip gain in April and 104 pips in May is pathetic.

++ I love looking at price movement charts to see on average how much a market has moved and when.