Trading Is ON!

So says CNBC today.  This is the first day of the Million Dollar Challenge and I've been given some new tools.  It is quite surprising that I don't have more company.  Around the first of the month, I emailed my brothers and sisters to extend an invitation to them to join me in this challenge...no takers although in less than another month five of the six of us will meet in Las Vegas for a sort of family reunion.  So there's interest in poker tournaments, blackjack tournaments, but not in increasing our lifetime savings.

Actually I'm also somewhat intimidated because of limited knowledge which needs substantial improvement.  CNBC has emailed my the method to enter my trades...I'll give it a go...wish me luck.

UK Services PMI - Today, 12:29 AM

A fundamental indicator of forex is UK Services PMI as issued from London and analyzed by Stavro D
Amore at Forex Peace Army.

Detail for event Services PMI 2011/09/05 Date Currency Event name Actual Forecast Previous Revision 2011-09-05 GBP Services PMI 51.1 54.3 55.4

Previous releases Date Time Currency Event name Actual Forecast Previous Revision Spike 2011-09-05 04:28 GBP Services PMI 51.1 54.3 55.4 34 2011-08-03 04:28 GBP Services PMI 55.4 53.4 53.9 43 2011-07-05 04:28 GBP Services PMI 53.9 53.5 53.8 31 2011-06-03 04:28 GBP Services PMI 53.8 54.2 54.3 12 2011-05-05 04:28 GBP Services PMI 54.3 56 57.1 44 2011-04-05 04:28 GBP Services PMI 57.1 52.6 52.6 50 2011-03-03 04:28 GBP Services PMI 52.6 53.7 54.5 30 2011-02-03 04:28 GBP Services PMI 54.5 51.3 49.7 58 2011-01-06 04:28 GBP Services PMI 49.7 52.8 53 34 2010-12-03 04:28 GBP Services PMI 53 53.2 53.2 5 2010-11-03 05:28 GBP Services PMI 53.2 52.6 52.8 20 2010-10-05 04:28 GBP Services PMI 52.8 51 51.3 39 2010-09-03 04:28 GBP Services PMI 51.3 52.9 53.1 21

Bite the Bullet

It's time to call it a day.  With the three largest internet poker sites nearly out of business, it's time to look in a new direction.  It is a very compelling direction.  It is Forex.  Foreign Exchange is alive and well and trending. 

Having followed several blogs and poker sites, it appears I'm one of the last to give it up.  A most distressing event was the closing of one of my favorite sites that was far superior in thinking and strategy. 

In the past week we've opened three practice accounts and signed up for a million dollar contest on CNBC in which we'll use these accounts to improve our performance.  Additionally we've found two excellent resources for help and education.  They are Elliott Wave Projections and Gecko Software.  The software offers a 14 day free trial and includes probably hundreds of video tutorials; a vast improvement to having to read my thirty poker books.  The second is an in depth look into a long standing trending study.  Both are destined to keep me interested into the next millenium.