Feb 23
Today, quite a number of forex pairs formed the MACD divergence pattern… including the EURUSD, USDCHF and AUDUSD… Because I was outdoors, I could only paper trade on my WM phone and couldn’t see the bigger picture for each pair… eventually, I chose to trade EURUSD, because I figured, fundamentally, EUR is weak with all the fear surrounding Greece and Spain…
Anyway, eventually, all three pairs were profitable… I sold one lot for EURUSD and made a profit of $320… Again, this is just paper trading… so, it’s meaningless..
Another Profitable MACD Divergence (23 Feb 2010)
but at least, it seems to me that price action + MACD divergence is a reasonably reliable signal… it may be because the currency pairs are not strongly trending at the moment… just like in the stock market, the direction is currently unclear… when the currency pairs start to trend, MACD divergence may result in more false signals and other price patterns will be more reliable…
Feb 23
Yeah!!! Installed Apache server and php on my laptop… so that I can code and debug php pages… Reminds me of those good ol’ days when I was working on my programming projects…
I love programming, cause it allows me to create (softwares) without having to be creative… and of course, it stimulates the mind… It’s a form of intellectual stimulation that is rare the moment you graduate from school…. I mean in daily life, we use other forms of intelligence, like common sense and EQ… but not so much of those thinking skills that we used in schools to help us pass exams… umm… not sure if I’m talking sense… but bottom line is… I love programming….
Ok, going to watch “The Hurt Locker” now… then off to work….
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P/S: The detailed instructions for installing Apache and PHP can be found here
http://www.fwrmedia.co.uk/index.php?page=Local%20PC%20Server
I’ve also copied and pasted the instructions onto a Word document, for future reference.
Feb 22
Another Profitable MACD Divergence Trade
I paper traded this… Made a profit of 753.5 with 2 standard lots… hahaha… a bit meaningless to blog about this… but just wanted to keep a record of some profitable (and non-profitable) MACD trades… Can serve as future reference…
Anyway, I’ve ordered the two books “Reading Price Charts Bar by Bar” and “Trade What You See“, just waiting for them to be delivered….
A bit restless lately… Maybe because my workload is a bit too light for this year… So, I’ve come up with a new slogan for my life…
“A goal a day keeps my lethargy away… ”
I need to work on some projects… else I’ll just be wasting my time away… Considering doing a PhD… But problem is, I can’t seem to find my Masters Degree transcript… I dunno if I lost it or I never collected it in the first place… Now that I need it, I can’t find it… Trying to get a re-print… but no reply from the University yet… oh well…
Meanwhile, to kill time, I’ve started doing some programming for my website…. very simple stuff… cos I’ve not done it for a long time…. One such project can be found here…
http://www.mymillionairegoal.com/trading/brokersrate.php
It’s still “under construction” (as of 22 Feb 2010)… will probably complete it by tomorrow…
If you have any programming ideas to suggest, do drop me a comment….
