Saturday, 11 October 2008

My very first post!

Hello everyone and welcome to my new blog: Forex Market Reviews which is my new project related with my trading.

Im Fern a 24 years old, Accounting and Finance full time student and part time forex trader living in Newcastle, UK but will move to London next year, so that will be really exciting to be in Europe's financial capital.

I trade most of the currency pairs, whenever I see a good set up to make a trade. But basically keep an eye on the correlation between the four major currency pairs EUR/USD, USD/CHF, GBP/USD, USD/JPY and oil.

I got started into trading back in 2005 when i entered a stock trading contest at uni, but didn't know what I was doing at all lol. Didn't finish within the top 10 traders and didn't get back into trading until last year when I found online a trader from Colchester, David Knight, and could learn lots from him.
So I was researching about the trading basics, the S&P 500 and the Dow Jones, to then discover that Forex was more my kind of stuff, with the bigger volumes and 24/5 market hours.
But I still trade the S&P every once in a while, like this week when I sold a few times after the price was breaking previous lows. It wasn't hard to know that the price was going down, with all the market crisis going on.

Enjoy the rest of the weekend, next week might be another crazy week for the markets.


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