Dec 31 2008
Trading currency; Ignorance is Not Bliss!!
So the new trading currency venture has started, a bunch of bucks have been committed and the computer is pinging away as the automatic Forex trading system goes to work. The trouble is it feels like I am burying my head in the sand and keeping my fingers crossed… very tightly!
There is a lot happening and I don’t know much about it, the thirst for knowledge becomes overwhelming.
The more one looks at the charts, the more one wants to understand what is happening.
Having traded shares I had an understanding of ‘Moving Averages’, ‘Support and Resistance Levels’, ‘Trend Lines’ plus a few other terminologies often used in trading. But now there were a bunch of new ones that appeared critical to an understanding of Forex trading.
I found a huge amount of information on trading currency, but much of it was fragmented and not brilliant for a layman’s mind. Then I met Dr Pipslow, the ancient and revered master of Forex wisdom, who after many years of self imposed exile and meditation, is believed to have attained the ultimate understanding of Forex.
The good Dr. together with a few other colleagues of great wisdom created the School of Pipsology, which is probably the ultimate guide for the newby trader. It will take you from pre-school to college graduate via many pages of high quality tutorials plus exams to keep you on your toes.
With this knowledge, I was capable of comprehending what was happening on screen, even to the point of trying to predict what was going to happen next. A great way of finding out just how little I did know!
The School of Pipsology also has a brilliant Forum that will both bewilder and amuse, but underneath is full of insights and trading techniques from people with a wealth of experience in trading currency.




