This blog is my journal. It documents my thought process, ideas, and trade setups. Most importantly, it shows my progression as I continue to develop and refine my analysis.
I am currently an Honors Bachelor of Commerce candidate specializing in Finance and Economics. Naturally I have taken an interest in the financial markets and, like most, I started off with a typical stock market competition. I began focusing more and more on the foreign exchange market reading up about its sheer size, hours of operations, and geo-political influences. My ultimate goal is to consistently translate my macro outlook of central bank policies, economic trends, and price history into an executable trade idea on the retail spot FX market.
To date, I have paid my “beginner’s learning fee” and continue to commit countless hours of chart time in order to refine my trading strategy. As you scroll through my past posts, you can observe the changes from relying heavily on indicators to more price support and resistance based analysis. My trading time-frame has also extended to typically 4-hours and higher. My analysis has also been continuously evolving. Most recently, I am experimenting with shorter, concise, point-form analysis taking inspiration from the folks over at ForexLive.
My trading setup is nothing extensive or complicated. As much as I daydream of trading off six monitors, one will do for now. My main trading platform is Spotware’s cTrader with orders executed through IC Markets. Sometimes you will see charts posted using cTrader, but other times with TradingView. This is because I have a side account with Oanda that takes on really small positions in order to mirror my IC Markets trades. This is because Oanda’s fxTrade platform is much more mobile friendly allowing me to monitor my trades on the go.
This is enough about me for now, I think. Feel free to follow or even reach out as I find my way as a financial gambler…or at least that’s what they call us retail participants ;).