CFD and Forex Trading

[Naked shorts]

Ugh, I hate the E/U. Its hard because the euro is made up of 16 different countries. so to trade the e/u effectively you should be looking at the economies of 17 different countries.

I would also highly recommend that you open an account with http://www.tradethenews.com/ it would have saved me a few times if I had caught onto it earlier.

Also may be worth sitting in this chat room for a bit...http://www.ircforex.com/chat/

Also make sure you check this calendar before you open a trade
http://www.forexfactory.com/calendar.php

It might be worth you looking at the JPY/NZD to trade. Do some research on "carry trades" and you will understand why.

good luck!

 

[Naked shorts]

Oh one other thing, I like the way you are doing your graphs in excel. You are treating your trading like a business (a way to make money), instead of gambling (the way suckers loose money).