I'm off to Thailand for 6 weeks tomorrow so that means that there will be no more blog posts or email messages until September. (…)
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The Price Oscillator indicator (sometimes referred to as the Percentage Price Oscillator indicator) incorporates two moving averages (a short one and a long one) and is similar in many ways to all the other oscillating indicators, except that this one doesn't have overbought or oversold areas. (…)
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I've been looking closely at the EUR/USD pair this morning and I'm coming to the conclusion that at the current price of 1.2640, this is a good shorting opportunity for both long-term and short-term traders. (…)
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I just thought I'd post a quick trading update today because it's been a very exciting few days and I now have some spare time having closed virtually all of my positions earlier today. (…)
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The 200 day moving average is one of the most widely used technical indicators because when applied to the long-term charts it gives you a great indication of the long-term trend. (…)
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Just a quick blog post today to tell you about a new trading video that's just been created by Adam Hewison, the co-creator of the Marketclub trading service. (…)
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My first real job was as a junior enlisted member of the United States Air Force. I had great benefits, but as a low ranking enlisted member my take home pay wasn’t worth bragging about. I was earning a comfortable living for a 19-year-old, but I didn’t think I had enough money to invest. It turns out I was wrong.

A talk with one of my mentors, a senior enlisted member in my squadron, made me rethink the way I viewed investing. During one of our conversations I brought up the topic of investing and mentioned I would like to start in a couple years when I had more money. He listened to me give several excuses why I couldn’t invest and then he said something that changed the way I think and act about investing.

He told me saving and investing wasn’t hard, you just have to treat it like a bill. He said, “When your paycheck comes in each month, you pay your bills, right?” I nodded. “So treat investing like a bill. If you want to max out your Roth IRA, divide the maximum contribution by 12 and send that amount to your investment account each month. If you want to make it easier, then go to the finance office and set up an automatic allotment from your paycheck and you’ll never think about it again.”

It turns out he was right. It’s not that I didn’t have enough money to invest. I just wasn’t prioritizing how I used my money. Treating investing like a bill forced me to make investing part of my budget. I followed his advice and set up an automatic withdrawal from my paycheck and I began investing in a Roth IRA. I maxed out my IRA contributions in each of the eleven years following our conversation. That 15 minute conversation literally changed my life and might just make me a millionaire by the time it’s all said and done.

This concept of paying yourself first applies to different types of investments as well. Perhaps the most common way to take advantage of automatic investing is through an employer sponsored retirement plans such as a 401(k) plan, 403(b), 457(b), or the Thrift Savings Plan. You can also apply this to savings goals, Roth or Traditional IRAs, or taxable investments. In fact, many brokerage firms will waive account minimums if you agree to fund your account with a minimum contribution each month. Some brokerage firms even offer lower transaction costs with automatic investments.

Here are three reasons you should consider automatic investing.

It’s easy. You don’t have to remember to do it. Just set it up once and you know it will get done.

There is no emotional barrier. It can be difficult to write a check each month for a future goal when you have current wants you could easily fulfill with those funds. Automatic investing makes it easier to stick to your long term plans.

You don’t try to time the market. Market timing is almost always a losing battle. For the average investor, dollar cost averaging can be a great way to avoid market timing and ensure you get your money in the market for a longer period of time. Automatic investing gives you the greatest opportunity to realize the growth of compound interest.

Ryan Guina is a U.S. military veteran, writer, and professional in the corporate world. He blogs at Cash Money Life and Military Finance Network.

Trade Forex
Mini Forex Trading – MF Financial Ltd.

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The trouble with technical indicators, and oscillating indicators in particular, is that although they can tell you when a currency pair is overbought or oversold, they can never be relied on with any great confidence. (…)
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This could potentially be my last trading update until September because for the next four or five weeks I shall be glued to the World Cup (with many matches starting as early as 12.30) and will probably concentrate on my stock trading rather than my forex trading. (…)
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It's been a tough week this week with my main 4 hour trading system providing me with two losing trades out of two. (…)
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