The Baltic Dry Index – BDI

Baltic Dry Index

[adrotate banner=”1″] What is the Baltic Dry Index? The Baltic Dry Index is the daily average of prices to ship raw bulk materials. It is issued daily by the London based Baltic Exchange. The Baltic Exchange acts as the global marketplace for buying and selling shipping contracts. The Baltic Index does not allow speculation like […]

Daily Chart Euro Long

euro long

[adrotate banner=”1″]After the beating I got yesterday, I am surprising my self that I am back at it again. But today I decided to change things up a bit and take advantage of the London trading time. It seems like they know how to trade technicals. US markets only screw up my good trades. Yesterday’s […]

Daily Chart EURUSD Wedge and Short

tight trading range

[adrotate banner=”1″]What a week it’s been already! First there was a flight to save haven currencies, then the dollar was sold off. The Aussie’s been under pressure even though gold prices have been rising, the US stock market has been seeing some crazy swings and I am trading it all! Posting my daily trades and […]

Yakezie Challenge: Creating Powerful Friends

[adrotate banner=”1″] New feature! Today I joined the Yakezie Challenge! It is a 6 month challenge where I will commit to posting 2 to 4 times a week and selflessly promote others. My current Alexa ranking is 526, 722 and one of the goals of the challenge is to drop below 200, 000. Thank you […]

Candlestick Charts


[adrotate banner=”1″] Candlestick charts are widely used in trading because of their ease of use. You can look at the candlestick for a certain time period and immediately discern whether the price closed up or down for that period. A candlestick, or Japanese candlestick, is just a picture of the price. There are 4 components […]

Daily Chart AUSUSD


[adrotate banner=”1″] Today’s daily chart set up is the opportunity presented on the AUD/USD 15 minute chart. I have a 20 period moving average set up. On this time frame chart, that means that each candlestick represents 15 minutes of data. And the moving average is the average if 20 of those bars.   As […]