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Yeah, I didn’t trade last night. I am packing it up for the week. That doesn’t bother me at all. Every day there are trading opportunities. Just because there is one doesn’t mean you have to actually trade it. Compulsive trading is one thing that kills 95% of traders within 3 months. Instead, I bring you a blast from the past. An old Nintendo baseball game clip. The modern video games have things about as realistic as possible. You get real player faces. Real game physics. Real fans! Not RBI Baseball. Nothing about it was real. Would this happen in a modern game? No. Was RBI Baseball fun? Hell yeah!

This is 4.5 minutes of amazing footage.  I don’t show too many car videos because most of them aren’t interesting.  Except the ones that involve cars running into something.  This is different.  No crashes.  No stupidity.  This is just awesomeness.  The first half of the video starts fairly slowly.  The awesomeness picks up very quickly after that.  When he drifts around a moving Segway my fucking jaw dropped!  Absolutely incredible footage.  Enjoy!

Unfortunately I don’t have a trade to report from last night or this morning.  I had to head out in the evening yesterday for a hockey game.  I did notice a very good setup, but I was rushing to get ready to leave.  Even though things looked good I was far too distracted to actually enter into a trade.  I also just tuned in this morning to see what was happening.  I thought I would just observe.  Again, I spied a fairly good setup.  But it wasn’t good enough for me to get in on.  I am still a little shy when trading mid day as I haven’t been doing that regularly for a long time.  It turns out I would have been right and could have bagged 5-10 pips.  Oh well.  The market is like the bus, there will be another one coming any minute.  I might be calling it a week for trading purposes.  I plan to have some fun tonight and tomorrow.  So, we will see if that allows me to spend time in front of the computer.  As usual, if I can’t bring you something Forex related I will bring you something cool to check out.

This is a pretty funny little comic!  Everyone likes to bag on PC’s ever since the “I’m a Mac/I’m a PC” commercials.  There have been some funny spoofs of those ads.  This might be one of my favorites.  I am a Mac fan, but it is nice to see the other side have some fun too.  Also, this has violence.  That’s a recipe for a fun computer ad!  Credit for the art is in the image.

Here’s a change…a morning trade!  I didn’t get to trade last night.  I spent the day golfing with Johal.  Yes, golfing.  It was pretty damn cold outside.  I still managed to shoot an 88.  You know what helped?  Brandy!  A couple shots of that stuff will really warm you up.  Anyways, I finished up and headed downtown for dinner with the girlfriend and some of her family.  So, no time to trade.  I was up very early this morning so I figured I might as well get into the charts.  It has been a very long time since I dabbled with trading during the morning.  one thing I love is the pip spread being at 0.9!  My god, if I had that at night I would be making a killing.  The action is much faster and you really have to be confident in your choice.  I got into a buy trade around 8:09am and was out about 2 minutes later.  I only bagged 2 pips, but I was OK with that.  I was more nervous about my exit than I am in the evening.  I could have stayed in this trade for a few more pips.  It wasn’t worth the risk though.  This trade actually worked against me for about 10-12 pips at one point.  I was confident I would go to the positive but I wasn’t sure how much it would go for.  2 pips is 2 pips!  It is still a helluva lot more than the bank would ever give me in interest payments.

Trade Summary:

Buy EUR/USD - 1.2527
Close Trade - 1.2529
Pips =2

It has felt like a long time since I traded.  Actually, it’s been a while since I even thought about trading.  There were many days last week where the situation just wasn’t right.  The pip spread was too high.  The Euro was moving in 100 pip jumps.  I was hungover.  See, many obstacles to overcome!  Last night I was finally able to spend some quality time with the charts.  Well, quality time for me is usually around 30 minutes to an hour.  The EUR/USD was playing in a nice, small range after 5pm last night.  As you can see in the chart below, I decided to jump in on a buy trade just after 7pm.  This one felt pretty good, and I was quickly rewarded with a nice upward movement.  I had set my goal as 10 pips, but I decided to jump ship when I was at 8 pips.  Unfortunately it slipped a little as I was closing the trade and I ended up with 6 pips.  I was only in the trade for 45 seconds!  I knew it was going up but I felt a stall in the momentum.  That was confirmed by some correlating currencies I was keeping my eye on.  I was fairly certain it was about to drop.  Man was I right!  Damn thing dropped 50 pips.  Why didn’t I get into a sell trade once I closed this first trade out?  I honestly have to think about that.  I think that it encourages revenge trading.  Today it would have worked out and I could have walked away with 15 pips profit.  But, what about when I get a trade wrong?  Then I will be allowing myself to jump right back in.  At that point it might not be logic that is driving me.  It would be pride.  I am cool with making 1 trade.  Especially when I make money.  I have to remind myself that I am a slow and lazy trader.  I don’t want to be a chart junky.

Trade Summary:

Buy EUR/USD - 1.2749
Close Trade - 1.2755
Pips =6

Then I would probably avoid this guy.  I dunno.  Something doesn’t seem to legit about this guy.  If you find yourself in legal trouble then you might be able to make a better choice.  This guy seems more likely to land you in legal trouble than get you out of it.  I wonder if this ad worked for him?

I love finding new web comics! This one comes to us from Dark & Pink. Again, not too much setup is needed here. Just a nice comment about how sexism all depends on your perspective.

Us men are simple creatures. Advertising need not be creative. There was a formula for grabbing our attention created about 4 million years ago and it hasn’t changed. Regardless of what you are selling, throw a hot girl in it. That’s all it takes. The makers of the Guitar Hero video game have just mastered this. They had a similar ad featuring Kobe Bryant, Michael Phelps, Tony Hawk and A-Rod. Meh. I didn’t care. Then they jumped back to the age old formula and threw in a half naked Heidi Klum. Now you got me. In fact, I am on my way to buy this right now! Why? I assume Heidi Klum will sleep with me.

As you can see, I didn’t trade again last night.  I checked the spread and it was high so I didn’t even bother looking at the charts.  I didn’t want to get into a bad trade and end the week on a sour note.  I have money in the account.  I don’t lose anything by waiting.  essentially, I get paid to wait!  So, I figured I would bring you another gem from College Humor.  This video is part of their “hardly working” series.  I have often been amazed at the power of Facebook.  People update the damn thing by the minute.  Facebook has powers.  Scary powers.  Check it out: