Month: October 2012

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EURJPY 31.10.2012 Outlook

EURJPY 31.10.2012 Outlook

The market were largely unimpressed even though (Bank Of Japan) BOJ boosted its money stimulus for the second month in a row. The BOJ topped up its asset buying and lending programme, its main monetary easing tool, by 11 trillion yen ($138 billion) to 91 trillion, broadly in line with what markets had factored in….

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My Trading Theory

My Trading Theory

I largely based my trading upon the Nicholas Darvas theory where prices moves in boxes. Prices fills boxes like water fill boxes. When one box is being filled, prices either go to the next box or stay inside its own box. As you can see there are boxes of different time frames. So to determine…

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