By The Way...

...this can all be done using any computer hooked to the internets. My broker, Oanda, is a net based java app for entering trades. My charts are from Oanda(java) and ProRealTime(java) charts.

For you geeks out there this means you can use Windows, Mac or Linux to power your way to financial freedom.

Here's a list of software I use day in, day out to make oodles of cash trading currencies:

Oanda(broker)
ProRealTime Charts (main charting package)
Mozilla Thunderbird (email)
Mozilla Firefox 3.0.1
Photoshop, Irfanview(free) or GIMP(free on Linux) for screen capture annotation.
Windows Vista or openSUSE Linux

Comments

Post a Comment

Popular posts from this blog

Sunday Starts Early...

The session got off to a roaring start today and didn't let up. Cable and Geppy both plowed lower from the opening bell in New Zealand. I didn't find much opportunity from a couple of hours before the London open through the lunch hour. I managed to scalp off about 25 pips on trades I thought had a decent chance of turning into a retracement moves on cable. No go. I've been concentrating on cable as my main focus lately. It might do me well to head back over to the geppy camp. It's been running pretty nice the last few sessions. I'll be keeping a closer eye on it this week. It's looking like the GM news of the Obama Administration rejecting their latest plan, yet offering more cash for restructuring(though not through bankruptcy) will take it's toll on the U.S. market Monday morning. Futures are already in substantial negative territory. There is a long shot outlook that the market could view it as a positive in that possibly more of the deadwood that's
Read more

Best Entries for Today

Image
I thought I should post couple of potential entries I spotted but did not enter . Both charts show the potential of price action trading even in tight markets. I generally keep a pretty simple chart with no indicators except a 50sma or 60sma, just horizontal support and resistance levels, previous day's high/low, previous week's high/low, previous month's high/low, and maybe some fibs or trendlines. AUD/USD M15 Chart EUR/USD M15 Chart
Read more