Friday, February 10, 2006

Market Direction - New Home

After more than a six months posting on MoneyTec, I have decided to start my blog where I will post my views on the Forex Market - where it is and where I believe it is heading.
Over the course of the last six months I've posted more than 300 posts on MoneyTec for the sole purpose of trying to exchange opinion and experience, help others learn and learn myself. Unfortunately it turned to be a wrong place for such a quest.
Not that I expect more here, specially that it will take time for this place to get enough readers, but since I kind of became addicted to writing my thoughts, and strangely enough that helps me be more responsible in my analysis, probably because I'm always more responsible to others than to my self, I decided this is more appropriate place to continue. That is why it is called BLOG after all (BRAIN LOG). I will try logging my thoughts with the same pace that I was holding for this last six months.
This is just a first post, just to start this blog, it's Friday and I usually do my weekly analysis during weekend (it requires inspiration so I don't have a fixed term).
Since it did not fit into header, I'll add that I rely mainly on Elliott Wave Principle and some simple TA tools, and that beside the Forex pairs mention in the header I also look at US Dollar Index as well as Gold and Crude Oil, and all necessary data needed to came up with as clear picture as possible.
Kind Regards ID

© Copyright - ID, 2006

Disclaimer:
My post are not posted to be used as financial advice or trade recommendations. Trading currencies involve substantial risk. You acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. I do not accept no liability whatsoever for any direct or consequential loss arising from the use of this blog.
I collect information from different sources and while I tend to ensure that all of the information is kept up-to-date and accurate, I do not guarantee the accuracy or completeness of any information supplied. I strongly advise you to conduct thorough research relevant to decisions and verify facts from various sources.
ID