Monday, December 26, 2005

Monday 12-26-05

Well, Christmas is over and now we are starting back to work. I took half of the day off and went shopping and spent the time with my wife.

Basically did not play poker over the weekend. We went to parties and I spent the time with family. Will try to play some poker this week.

The Foreign Exchange Market will open this evening and my Entries have been set. They have not changed from what I posted a few days ago. I am reading a new book on the Forex. It is interesting. Do what is not normal. Changing your paradigm. I am anxious to get to the system. Not so much Technical as it is more Fundamental. I don't normally trade that way. I must be open to new ideas. If what you are doing is not working then try to do what the people do that are making money. Read and listen and then learn. See it and then do it.

Friday, December 23, 2005

Friday 12-23-05

Today I went shopping again and it was even worse than yesterday. Toooooo many people for me. Toooooo many cars on the road. At least people were being civil on the road.

No change in the Forex settings. Since the broker will be closed till Tuesday Morning I will not be doing any buying or selling till it starts up again Tuesday Morning. It will be another short week next week and then we get started in another new year. I am still watching the 75 MA and seeing if it might work with the setup I am using. I also use the daily chart.

I played two games of Poker tonight. The first one was a Shootout Tournament. 1858 people started and I went out first on our table. Not a pretty site. I played stupid. I knew I could do better. So I went back to the SNG and in that game I was down to 420 chips and looking at 6th place and finally started getting the cards I needed and I ended up in 2nd place. That does help the bankroll.

Poker +40

Thursday, December 22, 2005

Thursday 12-22-05

Had today off from work and spent the day shopping. One of the things I most hate to do. Tomorrow will be another day of going out and putting up with people and crowds.

Tonight we went to our Friends house and watched Christmas Vacation. This is something we do every year and we have fun, dinner and exchange gifts. It is a family time and is enjoyable. We never get tired of the movie and even our grown kids like it. It has become a yearly tradition.

I have set the Forex currencies up for the night and only two of them are within 100 pips of being purchased. Tonight the settings are: EUR/USD 1.1940, GBP/USD 1.7634, AUD/USD .7474, USD/CAD 1.1598, and EUR/JPY is set at 140.63. I want to start running a Monthly total as well on here so I can watch the progress.

December 127 pips

Wednesday, December 21, 2005

Wednesday 12-21-05

I am on call tonight so I won't be playing any poker. Last night went real well at the table. I was able to get a number of hands in a row and then when it seemed to move away from me I just started folding and waiting for the cards to start showing up again. Playing tight and being aggressive at times seems to go well with me in the SNG's.

Work is busy and trying to make sure I meet the deadline for the testing of the module we are working on. We are now off for four days. I will be off of work on Monday afternoon to be with the wife for some shopping.

I have now reset the Forex currencies and will wait for the currency to come to the points I have set. I am now trying to figure out the MA that the service uses to set prices. They are being given late at night and I am unable to set them up till in the morning or waiting till evening. That is hard due to the next set is due in the evening again and I could miss the entry point. Will keep at it.

Tuesday, December 20, 2005

Tuesday 12-20-05

I may play poker tonight before I go to bed. I do alot better with SNG's and I am going to stay with it and try to improve on my game with that.

This morning when I got up and was ready for work I looked to see if any of the Currencies had been purchased. Both the EUR/USD and the GBP/USD were in motion. The EUR was at 65 pips already and the GBP was at a -25 pips. I watched it for a while and the GBP went to the stop of -30 pips and stopped out. I watched the EUR and it started to move back and when it hit 60 pips I went ahead and closed the trade. I hate to give up pips when they are there. Today I ended up with a 30 pip profit. This evening I was looking at the information on the Currencies and the EUR went down another 40 pips and the GBP is at 20 pips if I would have been able to stay in. I have gone ahead and purchased a short on the GBP since it is supposed to drop further by morning. I am going to stay out of the EUR since I did make some good pips on it. I will reset the EUR when I receive my numbers tonight. Enjoy humpday tomorrow.

I ended up playing in a SNG this evening and placed 2nd. Played well in the early rounds and was able to hold on till the end. I was getting the hands I needed to be able to see a flop and see what everyone was going to do. In the end it was playing more aggressive and hopefully the hands were there. In the end the other guy had the hand to take me out. Another good day at the tables. It's a good day anytime you place and get some money.

Monday, December 19, 2005

Monday 12-19-05

This week at work is going to go slow. Not much happening and will continue to try and clean stuff off of the desk that I haven't been able to do for a while.

I played one game of SNG poker tonight and came in 4th place. One spot out of the money. I always hate that. You get close and then you just do not get the cards to come your way. And then when you have to go all in just to survive with the best hand then someone beats you with a lesser hand. It is just the nature of playing online poker I believe. I read somewhere that you will get hands and then you will get a number of hands that will not help you even if they are good. I had the AK twice tonight and did not win on either of them.

I am still set up with the Forex tonight and the none of the currencies are close to the buying spot. I would like to get 200 - 300 pips per week but will be patient and not push it to try and achieve it.

Sunday, December 18, 2005

Sunday 12-18-05

Getting ready to go back to work tomorrow morning. It has been a nice weekend. Went to a Christmas musical on Saturday and then that evening had a Christmas Party to go to. They brought in Belly Dancers for the entertainment. At the end of the show the guys in the room had their picture taken with the girls. How do they do that dancing? Today we had a Birthday party to go to and that was fun as well.

I have had a headache most of the day and will now take some of my Migraine medicine to make it through the night and hopefully by tomorrow it will be gone.

Watching the Forex and I am not close to any buying points yet. Would like to have another week like last week and pull in 200 - 300 pips.

No poker either this weekend since I was on call and had two calls this weekend so being on the computer would not have worked. Got to keep the computer open for work on those days. I did that once and got caught and had to throw all my chips away just to do work related stuff. That was not good. Live and learn.

Friday, December 16, 2005


Today at work it was uneventful. Nice easy day which allowed me to get some stuff done that has been on my to do list. It does look like I will be project managing two new projects this next year. This came about when one of the coworkers resigned and went to work elsewhere. It is a very good opportunity for her.

After last night I gave back some of the pips I earned the day before. I am still positive though and that is the good news. It does say this system will be right about 40% of the time. The positives are at least 200 - 300 pips and the negatives are about 30 - 40 pips. Right now fortunately for the weekend I am out all of the currencies. I do not like holding over the weekend. This is the patience part and I have to wait for the next trend. I am getting ready to read a new book on trading called "Bird Watching in Lion Country" I am anxious to see what he has to say about trading.

Last night in poker was interesting. I played 2 SNG's at PP and I came in 5th in the first one and then was 3rd in the second one. Basically got to play for free last night. Pocket J's were 1-2 last night. I saw the Pocket A's get taken down a couple of times. You just had to wait and hope you could take the pot with a good hand before the River card was dealt. The Players were all playing tight last night on both tables. I must say it was fun and enjoyable when players are playing like they should and not pushing hands that should not have been there. Tonight there is a live game going on and I can't sit in on it because I am on Call for work this weekend and I need to be near a computer that will allow me to get into the work computer when I get called. I like to play the home games when I can.

Thursday, December 15, 2005


When I looked at the Forex when I got up this morning I was up over 275 pips and so I set the Limit for 300 pips. I also set my stop real tight so that if it decided to move back I would not loose much. I still wanted to give it room to move just in case it bounced a little. When I checked it when I got home I had been stopped out and earned 215 pips. I also went in with USD/CAD and this evening it stopped out at -20 pips. I also was in on AUD/USD and earned 5 pips from that one. After looking at the Trend levels this evening I am in with AUD/USD and USD/CAD. I set the stops and now will be patient to see if these will move through the night.

I am in need of playing some poker. That will get me away from looking and watching the Forex. That 200 pips total today was real nice. I could use that on a weekly basis. That would make me happy.


I spent most of the day interviewing new people for 3 positions at work today. It was a long day at that trying to get things off the desk so we could go enjoy an evening at a local restaurant and celebrate a co-workers 50th birthday. That was nice.

When I got home my computer was back. The night before it went out and I did not have internet access till today. I was going to play poker but that didn't happen.

When I looked at my Forex setup I found the EUR/JPY had been purchased and I was up over 175 pips. I kept telling myself patience. I then moved my stops closer and let it continue to run. Non of the others have done anything yet. My Forex service where I get my points every night did not come through and I am hoping it is because of the internet being down. I would like to get my setups done on the other four.

Wednesday, December 14, 2005

Tuesday 12-13

Another day another dollar. Today was a better day at work. Then one of the fellow workers starts talking about the class she is going to in February that I want to take. That is a little frustrating. After talking with a friend I found out the 4 classes I need to take and then I will be a little more marketable for other things that may come along. I still have a year and a half that I want to stay in this job before I start looking elsewhere. I want to get the knowledge of the software I am working with and learn all I can from one of my fellow workers.

No Poker last night. Maybe tonight I will try another SNG and try to be patient with it.

I set up the Forex tonight as well. If I would have stayed with the EUR/USD I would have made over 250 pips. I got anxious and got out at 12 pips. What a difference. I need to be patient with it as well. I have everything set up and now I will wait for the market to turn the other way. There were 3 of the currencies that went over 200 pips and that would have been a nice addition to the bankroll. I decided to get rid of the alerts since that is part of the problem when I know I am in the market and should only watch it once to change the setups for my stops.

Monday, December 12, 2005

Monday 12-12

Today will not be a good day to play poker. What a day at work. I end up taking quite a few calls from the Help Desk to solve questions about the Software we work with. My Boss has to have a report finished by this evening so she can report on it tomorrow and then our sons car is needing work. I find out the cost so far is $340. That was just for the switch for the lights. Now its the belts and the Tune-up. This thing is going to cost close to $1000 by the time they get done. Wow. I remember working on cars and being able to tear the engine down and put it back together and I did all the work. Now it is computer chips and all the rest.

I also found out one of my co-workers gets to go to a class on the the application we use and I have been there 3 years and have been wanting to do this and because I am not licensed as a RN they get to go and I don't. That of course is not fair since I have been wanting to do this. I have been learning it as I go and gleaning as much information out of my work mates as I can. I know it sounds like sour grapes and it is. That is why I shouldn't play poker. Depression leads to throwing money away and eating. Neither are good for me.

I figured out that my play last night and coming in 6th place was because I played way to many hands. I need to be patient and not push the hands when they are not there. Patience is the key.

My son and daughter-in-law are going out for poker night tonight. They play every Monday night at a friends house. He does well in these games.

Nothing has happened with the Forex so far today. Will take a look at the entrances and see how close I am to any of them. I have to be patient with that as well. I got out too early last week and even though I earned some pips I could have had more if I would have just been patient. Wow, there is that word again.

Sunday, December 11, 2005

Sunday 12-11

I set up the Forex this evening. I will watch 5 Currencies and see if I purchase any tonight while I sleep. I have set the Alerts. Four of them are within 100 pips of going.

I decided to play one game of SNG at PP tonite. I ended up 6th place tonite. Everyone was real tight this evening and when I tried to take some pots it didn't work. Even waiting for the right cards didn't help. It seemed the straights were working well tonight and when I had a chance it didn't do it. Usually I do not wait on the River to get me out of a bind. Isn't it crazy sometimes you will play a little different than what you are supposed to. You tell yourself you are not going to do that and you go ahead anyway. Maybe it is the thought that the right cards will come up for yourself and you just can't go wrong. Then it just shoots you down.

Got to go back to work tomorrow. Off to bed I go.

Saturday 12-10

I have been playing poker on PP and have done well at times. I played two games, one in the early afternoon which I came in 2nd place and added to my bankroll. In the evening I decided to play again and this time I came in 1st. That was exciting.

What makes people go all-in at the start and just throw the tournament away? I know it is nice to try and build your chips up but right off the bat? This one person kept going all-in and finally when I was BB I decided I had enough and went ahead and called. Good call. I busted that person and they were no longer in the tournament. I usually don't do that but no one else was going to do anything about it and I had enough. Yes, I could have lost it and been out of the tournament but this person kept going all-in on all the hands. I don't even get that many good hands and this was a good one to do that with.

Now I will get the week started by watching the Forex and maybe play another game at PP. I play the SNG's. I don't do well just sitting at a table and playing.

Tuesday, August 16, 2005


Getting home from work around 5 pm and I turn on the computer and open up the charts to see what I will do this evening. I am trading the EUR$ since I feel comfortable about how it moves.

This evening the price is at 80 and is overbought and is above the 21ema. I set up EUR$ for a Sell and then waited. I set limit for 5 pips. The market did go down and I hit the 5 pips within about 15 minutes tonight.

At this point I was not seeing anything I wanted to trade with the EUR$ so I decided to wait till tomorrow and pick up more pips then.

Today +5 pips. Week +15 pips.


I decided to get back to writing about my time trading the Forex. I have not stopped. In fact I now have 2 separate accounts that allow me to try to hedge the market.

Today the price was up on the EUR$ with the stochastics about 20 which showed the currency was oversold. The price was also away from the 21ema so I set up the currency for a Buy. I went ahead and set my limit for 5 pips and waited. The price did go up as I figured it would and picked up my 5 pips. The stochastics was now at the 80 level and was now overbought with the price at the 21ema. This time I placed a Sell order and set my limit for 5 pips and waited. The price did go down away from the 21ema and I was able to pick up another 5 pips. At that point I turn the computer off and go do something else. This process took 1 hour.

Pips for the day +10 pips.

Wednesday, May 25, 2005

5-19 05 Thursday

After watching the EUR$ in the evening I decided not to get in. It was at the 200sma and looked to be channelling. I will stay out of the market.

I played two games of Poker this evening. The first game went fast in the beginning. I came up with a A high Flush. Went in with most of my chips. I was beat with a Full House. At that point my chip count was low and ended up in 9th place. On the second game I played a few more flops to pick up a few chips. I was chip leader for some time until midway in the game. Everyone was playing tight. Chips were back and forth and only one person was doing well in gathering chips. I was able to stay with it. I ended up being in 4th place.

Pips -11
Poker +23

Monday, May 23, 2005

5-18 and doing well

I played one game of poker tonite. I played some early hands and was able to build the chip count past 2000. I started playing tight at that point just picking the hands that I wanted to play and raising the pots when I felt it was in my best interest. I waited until third place was guaranteed and then I started playing loose. I came in 2nd place tonite and earned $15.

I set the EUR$ with a Sell order. The price is moving back towards the 75sma and the 200sma. The price did end up going down to both sma's and I was able to pick up 20 pips.

This ended up being a good day for me.

Pips -11
Poker +35

Sunday, May 22, 2005

Another Trading Day

I set up the new trades this morning at 10 minutes before the news came out. I set up one account with the short and the other account with the long. The short went down +18 and then came back at 5 minutes and I closed it at +5 pips. The Long account was stopped out at -20. Total for the 5:30 fundamental news was -15. At 6:15 more news was to come out. I set up the short account and this time it went down -20 and stopped out. The other account was set for the buy and I went out at +4 for a total of -16 pips. Total for the trades was -31. Not good for a system that was to produce some pips for the last couple of days. In the evening I came back at it and decided to try something different. I set up the EUR$ to go back to the set MA and waited. It did that and I was able to get +10 pips.

I played two games of Poker tonight. I started out tight and ended up in 4th place. One out of the money. I decided to try another game and ended up in 6th place in that one. Neither game was giving me the cards to play. The table was playing very loose.


pips = -31
Poker = +26

Saturday, May 21, 2005

New System

I decided to try a new system. There are so many out there and I have not been doing well at this trading. I purchased a system that trades the fundamental news. Now it seems I will start getting up early in the morning to make the trades.

I went Long and Short with the EUR$ this morning. I have two accounts that I use and so I put one Long and the other Short knowing I would loose on one of them and the other I would let run. The Short did get stopped out and the Long ran. I ended up with a 0 pips total. At least I didn't loose.

Started playing Poker on-line again. This time I put money in Party Poker and will start playing the SNG's. My total starting capital is $50.

My first game tonite I ended up in 7th place out of 10 players. PP only pays out 1st, 2nd and 3rd place. I started out aggressive and that was the downfall. I need to slow down and play a little tight to start. The second game I started out tight and as soon as it got to 4 of us left in the game I started to play aggressive. I then went out in 4th place. At least it was a start and I almost made it to the money. I will learn how to play the SNG's and when to change my style of play.

Totals for the day.

Pips 0
Poker $38

Monday, February 14, 2005

Travelling Weekend

We found out that my wifes father was in the hospital and so we travelled over the mountain to see him. The weather was nice for the trip. We had some snow up on the pass but other than that our day trip was fast and we accomplished what we set out to do.

I did not play any poker this weekend. Friday evening we went and watched the comedian Ron White. He was good and funny. I was disappointed in the seats though. We did have seats four rows from the front but when we got there Ron had told the coliseum that he did not want anyone sitting at his sides. So, they moved us to the back of the coliseum where it was hard to see him. It made the night a little bit harder to enjoy. Saturday was our day trip over the mountain. Sunday was a non action day.

I finished my second book for the month. Wow, two in one month. This one was called "Loaded Dice" by James Swain. He is a good writer. This was a mystery of sorts. He writes about Las Vegas and gambling with a twist on mystery. I ordered his other books since he is writing a number of books with the same players.

I was on the computer last night and all of a sudden one of the services that I pay for for Forex was going wild with orders. I got in last night and made a little bit of money. I usually do not trade on Sunday. I will wait till Monday morning to get started. It seemed the market was moving and it was time to get in. Lets hope for another week. I see that Greenspan is going to speak on Wednesday so we need to be careful on Wednesday.

Have a good day.

Friday, February 11, 2005

Friday Post

I have not posted much this week since I haven't done anything. I get up in the morning and trade, work, trade, go to bed and get up and do the same thing all over again.

Tonite starts another weekend of Poker. I did not play in the Tuesday night poker game. I heard it was a good game and they get up to 2 games in and sometimes 3 by midnight. Maybe this next week.

I have been busy trading this week. The market has definitely been in a trending mood. I have made 9 trades this week. It doesn't look like I will be trading today. It has gone back to being flat. That is fine since I don't like trading on Friday and holding over the weekend. I have setup my entries though. If one of them gets taken then I quess I will hold for the first time. Here is my pip count for the week and year.

Weekly 120 pips
Yearly 267 pips

Have a good weekend.

Monday, February 07, 2005

Had a Tired Monday

The Superbowl turned out to be a good game. I would have liked the Eagles to win but it really doesn't matter. How many Eagles fans betting in Las Vegas were happy? They beat the spread and still lost the game. They at least earned the money since they didn't get the bragging rights.

After the game a poker game was put together. Twenty one people showed up for a $20 buyin. The game lasted 4 hours and I came in 5th again. I know I can play with these people, I just need to finish it off. I tried to play tight throughout the night and I think it worked. I didn't play that way at the end. I needed some chips to stay in the game so I had to loosen up a bit. I played a QJo, but it was not enough.

Trading the Forex today was a good day. I went short on GBP$ and then went long on $JPY. When I got home this evening both were in the money. I followed them up with tight stops and when they reached the highest point with the RSI I decided to sell and take the profit for the day. So far for the week:

Weekly 142 pips
Yearly 299 pips

Heres for another good day.

Sunday, February 06, 2005

What a weekend

What a weekend. First Friday night and then again last night. I went to a friends house to play poker. This time it was Dealers choice. I learned quite a few new games last night. I must say though that my favorite is still Texas Hold'em. We started the evening out paying the $25 and getting all of our chips. The chips were all .20 cents. You can see how it would last a while with the denomination we were using. At the end of the evening if you had any chips left you were paid for what you turned in. My chips ended up with everyone else. I made nothing. I spent 4 hours for $25 and had fun.

Today is the day for the Superbowl. We will be going to a local Tavern and watching the game. It will be a Birthday Party as well. I would like to see the Eagles win. I seen in the paper this morning the Patriots are still -7 to win. I hope they can't cover it.

I started a new book yesterday. I found a writer that writes novels about the casinos and are mysteries. I may end up reading another book this month. At least it looks like I have a start.

I do have a question for you. How do I get the sights on my blog that I read regularly. I have about 4 right now that I read on a daily basis and would like to share that with others.

Have a good day.

Saturday, February 05, 2005


Forex Trading: I ended up not trading at all for this week. My results are:
Weekly Total 0 pips
Yearly Total 157 pips
I will try to trade this next week. I have talked about this before, I want to become a full time trader and be able to trade during the day. One of the requirements for that is to start making the money and then gradually leave my full time job. I have been in contact with three different full time traders and each say they would mentor me and teach me what I need to know. I have been trading with my live account and feel I just need a little push to get over the edge. Time is so hard to deal with. I guess we all have priorities in our lives that drive us. Money seems to be the biggest.

My weekly poker night did not turn out so well last night. I lasted less than an hour at the table. There were 14 in the tournament and I came in 13th. I had a pair of Q's and lost out. I played AKo and lost on that one as well. The only hand I won during that time was a full house. Some nights it just doesn't happen. Tonight is another poker event and I will attend it. This one will be a dealers choice night. I have never played one of these so it will be interesting. Also at the end of the night chips are counted and if you have any left you get to go home with some money.

Does anybody really care that the two parties Republicans and Democrats are still fighting about the governers seat here in WA. I can't believe with all the sophisticated equipment we have nowadays we can't even get an election right. We just waste time in the courts and money to play these games.

Tomorrow is the big day for sports. I thought it was interesting that Budweiser and Miller are having a battle for commercial time. Bud paid more money and Miller is not allowed to say anything bad about Bud in the commercials on Superbowl. Another instance where Money talks.

Have a good day.

Thursday, February 03, 2005

Another Day at the shop

Forex Trading: Another day of no trades available. Not a good week. I am waiting for something to trend. Of course I want to stay away from the FA for Friday morning. My guess will be the US$ will go down but I am not willing to put any money on it.

Went to dinner with a friend tonite to RR. We talked about the madebig shopping site. I have been playing the Win a Million Lotto. I play the 10 free tickets on a nightly basis. Even if I don't win at least I am getting points for every number correct and will be able to trade them in at some point. My wife purchased from JC Penny the other night and she will receive points and I will earn money for her spending money on the site. I love the Nachos and the Guacomole Hamburger. It is filling. I walked into RR tonite and the girl set me down at a table and I waited for the other person to show up. I was going to call him to see where he was at and he was in another part of the restaurant waiting for me. It was funny that we were waiting for each other in the same restaurant on opposite sides.

I am trying to figure out if signing on with FXtrainer would be worth it. I want to trade for a living and be home all the time. To be able to go when I want and travel. I spent $5000 with another company and it didn't help me. Now this one wants $2000 to help me and I am being a little more cautious and trying to make sure it is worth it.

I talked with one of the players for the Tuesday Night Poker game. It is tournament style with a buyin of $5 of Nickels. Play till someone has all the nickels. No blinds, just .15 cent antes. Sounds like fun. There is a tournament tomorrow night. That one is a $10 buyin. We play with $1500 worth of chips. The payout is 50%, 30%, and 20%. The Saturday Night one is $20 Buyin for $2000 in chips and the payout is the same. The highest for me so far has been 2nd place.

The Superbowl is almost here. I really don't care who wins since my Rams aren't in it this year. I will go and watch the game for awhile at a friends Birthday Party. I am hoping the Eagles can beat the Patriots. Last time I saw a spread the Patriots were -7.

Have a good evening.


I need to try and catch up on some writing.

The Poker game on Saturday night was fun. Out of 17 people that started I came in 5th place. Not bad. I played tight and only played the best hands. I never was chip leader but then I was always in the game. I lost a big share of chips on one hand that I was sure was good. The other person and an extra pair that was better than mine. On the next hand the same thing happened again. I was all in with what I had left and it didn' t work out. The pay was only for 1st, 2nd and 3rd place. So close. I understand there is a poker game on Tuesday nights now. I may try to get into that one. I could play Tues, Friday and Saturday now.

I read a new book. I hate to read unless it is something on the Forex or something financial. I do like mysteries. This book was by John Grisham titled "The Broker". Good book. I am going to try and read a book once a month.

My trading with Forex. This week has been hard for me. No trades have been showing up. I am trading the trends and none are trending at this time. Some are close but not quite there. I don't like to trade on the first Friday of the month due to FA. I have lost on that one before. I tried to trade the FA's and it didn't work out. Too much bouncing back and forth. Right now I am watching EUR$, $CHF, GBP$. They are close but have not crossed the RSI of 50 yet to give me a signal of a trend.

I am still playing around with that madebig site. I play the lotto every day when I get home. I asked a couple of friends if they want to join and they didn't. I don't need this headache. I did this back in the early 90's and ended up with being in the NFL. " No Friends Left ". I don't want to do that again. I would much rather play poker, trade currency. My goal of being a full time trader is what I really want. I want to be able to trade and make a living at it. I am tired of earning a living for the company. Can it happen?

Tuesday, January 25, 2005

Just a slow day

I checked the list this morning and 3 of them were within the range to watch for a trade. This evening when I got home I looked at the list and now 2 of them have fallen out and only one looks to be still in range to watch. AUD$ is getting close to a trade. I like to trade every day but this new system has me being patient. Do I really like that? No. I want to trade on a daily basis. Do I want to loose pips? No. Be patient.

I told you about the new shopping site I have. It is fun to watch the coins grow. Play free lotto for 1 million. Try it. you will like it and have fun with it.

I heard today there is a Poker Game going to happen this Saturday night. That should be fun. It is a different group of people. They are a little more tight and tend to play the game a little differently than I am used to seeing. Will have to be patient with these guys.

Monday, January 24, 2005

Forex Trading

Looking at the forex this morning I will wait till tomorrow to see if the parameters are met. It is very close for AUD$. The other one $CAD looks like it is going down and may meet the criteria tomorrow. The other three are still in their respective runs and are not getting close to turning around.
The Eagles did what they were supposed to do yesterday. It was nice to see they are in the Superbowl. New England is so well coached and play very well. I just do not see anyone beating them.
Don't you just hate it when a friend comes up to you and says " I want you to look at something ". Come to a meeting with me. My first thought is oh no not again. I went to a meeting Saturday night and looked at this thing. It really was not that bad. Shopping, and that is something we all do. I did sign up. It is all internet based and since I spend a lot of time on it and I don't have to do much it will be fine. Take a look if you like. and if you do sign up use me as a referral. #25249601. You don't have to pay anything to shop on this site. You do get rewards for shopping though. Have fun.

Sunday, January 23, 2005

Las Vegas Night II

Walking down to the casino floor I decided to start with the Video Poker machines. I wanted to work the same machines as I did last night. I sat down and put in $20. My strategy was to play the same way I did last night. Keep all pairs. Keep all face cards unless a pair was on the screen. I got a 4 of a kind and it paid off about $200. I actually ran the machine out of money and an attendant had to come and refill it so I could get all the money due to me. At that time I decided to move to another machine two seats down. I put in $20 and started the same strategy. An older gentleman came around the corner and wanted to know if I was done with the machine I had just won on. He stated he had just left it before I started on it and won. He went back around the corner and moved his stuff to that machine and started playing. He never did get anything from it. The machine I was playing came up with 4 of a kind and it paid off about $125. I decided to move down a couple more chairs to the machine I used last night. I put in $20 and started using the same strategy. The older gentleman kept watching me and asking about what I was doing. This time I went through the $20 and did not win anything. I took my two buckets of coins to the cashier and she gave me $300 in cash. I wanted to play blackjack and I headed over to the tables. I walked around the tables to find a seat available and could not find a seat at all. All the tables were full. I sat down at a blackjack video machine. I put in $20 and by midnight I was even and decided to call it done for the night.

Saturday, January 22, 2005

Friday Night Poker

I got back to playing Poker last night with the group. I haven't played since Christmas since we have been so busy with other things. There were 8 of us playing tonight. We play No Limit Hold em. Price to get in is usually $10. I was the first one to go out tonight. I thought my decisions were good. I tried to play tight. I did not play very many hands and when I did I figured I had the best hand. I had one brain fart though. I gave away a lot of my chips on one hand with a K8o. Dumb hand. I had a K show up in the flop and I thought it was the best. Wrong. The hand I was taken out on was a Full House. I had a Full House as well just not as good.
Football is on most everyones minds. On the West Coast the teams did not do very well this year. I am a Rams fan so my year is done. I have no favorites with the rest of the teams. My picks for tomorrow will be the Philadelphia Eagles over the Atlanta Falcons. I was very impressed with Atlanta last week against the Rams. That was the first time I had seen Atlanta play. They had quite a bit of speed. It will give the Eagles something to think about. I still like the Eagles.
I will also pick Pittsburgh Steelers over the New England Patriots. New England is good, real good. Depending on how the quarterback plays we will see what happens for the Steelers.

Las Vegas Night

I was ready for my first night of gambling. I first walked the casino floor to see where the machines and tables were located and get the feel of the place. I decided to start the evening off with Video Poker. Having done quite a bit of reading on strategy I wanted to try it out. I found a set of machines that looked like they met the criteria I was looking for. I started out by putting $50 into the machine. About 30 minutes later I hit a 4 of a kind. Four K's with an Ace. I cashed out for $96.25. Not bad for 30 minutes. I then went looking for a blackjack table. I did find one and the seat was in the 7th position. I gave the dealer $105 to start my evening. I will always start with a certain amount and when it is gone I will not keep going. I will walk away from a table if I am not doing well or if I have lost what I started with. I was not doing well at this table. My strategy was fine it was the hands I was being dealt and what the dealer was getting. I would get 18 and the dealer would get 19. I would get 20 and the dealer would get 21. The table was starting to remark about how unlucky I was. I finally played down to my next to last chip. I was given an Ace to start the hand. My second card was an Ace as well. I split the hand with my last chip. The next card was another Ace. I then pulled out the wallet and gave the dealer $20 to play another card. The next card was another Ace. I now had 4 aces out on the board. Each of the Aces now get one card. I recieve a 4, 2, 3 and my next card was a face card. The dealer drew 21. I loose on three and push on the last one. I now play a few more hands with the chips I have left and then with my last chip I get an Ace. The next card is another Ace. I pull out the wallet again and give the dealer another $20 to play the split. I get a 3, and a face card this time. The dealer draws a 21 again. At that point my luck turned around. I was able to build my stack up to $100 and I decided to call it quits for the night. I had played about 2 hours. Total for the night was +$1

Friday, January 21, 2005

Week 3 2005

This week I made 5 trades.
Monday I made a sell on EUR$ at 1.3027. -50 pips
Tuesday I made a buy on $CAD at 1.2216. -60 pips
Tuesday I made a mistake and entered $CHF. -10 pips
Wednesday I made a buy on $CAD at 1.2260. 81 pips
Thursday I sold the remainder of $CAD at 1.2315. 55 pips.

I am working the Beau Diamond System. I am going to work this one and see how I do.

Weekly: - 18 pips
YTD: 173 pips

Friday, January 14, 2005

I meant to write before I left for Las Vegas on Tuesday and I forgot to put down what took place on Monday. I did trade the Daily and the Weekly setup knowing I would close out Monday night. My daily trading went like this. I traded the EUR$ and it opened at 1.3122 Buy. I closed out that night at 1.3132 for a 10 pip profit.

For the Weekly trade I set it up Monday Morning GBP$ at 1.8722 Sell. That was the mistake. It went against me for a -61 pips. I immediately turned it around at 1.8785 Buy and by the end of the night I at made 26 pips.

The total so far for the Year trading goes like this.

Daily Trading: 25 pips
Weekly Trading: 166 pips.

I will write about my trip to Las Vegas this weekend.
This is the setup I will use for my trades on a Weekly basis:

1) This set up will only be used for a maximum of 2 trades in a week. The second will only take place if the original reverses.
2) I will trade from the 1 hour chart. This will be done on Monday morning.
3) I will look at 0500 PST and see what the OPEN was.
4) I will place a BUY order at 50 pips above the OPEN. At that time I place a STOP ORDER 100 pips from that.
5) I will place a SELL order at 50 pips below the OPEN. At that time I place a STOP ORDER 100 pips from that.
6) Once one of the orders is filled I will then cancel the opposite order.
7) At that time I will then pull my STOP order to within 50 pips behind.
8) I monitor that trade and for every 25 pips of movement I will adjust my stop behind it so it is trailing and if it comes back against me I will have profits if I am above 50 pips positive. I will close the trade at some point Thursday evening before I shut down the computer.

Forex Trading Week 1

I am going to start posting my Forex trading in this blog. This past week I have been trading a new system and have done rather well. I am trading a system that will last a week if it doesn't get stopped out. The other one will be traded on a daily basis. I will show the rules that I follow for these trades soon.

Week 1: The weekly trade netted 201 pips.

Week 1: The daily trades netted 15 pips.

I feel pretty good about the first week of the new year.