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Questions for analysis for Today’s 100 pip drop on EUR/USD
100 point moves are ideal trading opportunities. Today, the EUR/USD dropped 100 pips below 1.30. In order to understand this, and be more prepared of this happens again, I’m going to. Begin with asking some questions for myself to find the answers. 1. Was the release of the ECB balance sheet scheduled? 2. Who loaned money to the Euro-banks? 3. Why is that bad? 4. If the awarded 523 banks 489 Billion Euros why was this new news? What was the shock or surprise? 5. ECB bank balance sheet soared to 2.73 Trillion? If they have cash, what’s the problem? A. Banks are putting money back into the ECB. 6. How can you tell banks are hoarding cash? … Read entire article »
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Goals for 2012
With only three days left until the new year, I thought it would be a good time to create my list of personal goals. 1. Buy at least 5 acres of land in Wisconsin or Michigan 2. Earn $10,000 per month 3. Surpass my income trading the Forex 4. Buy and sell merchandise from auctions to earn $20,000 a year 5. Resolve I.R.S. problem 6. Improve credit score 7. Reduce debt 8. Learn web design php, HTML 9. Start painting and selling work 10. Earn income ($10,000) from blogging 11. Write Memoir 12. Produce Web Series 13. Start writing songs … Read entire article »
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Chicago Cab Driver Income – 12-27-2011
24 Hour Lease Expenses Lease – $92.00 Gas – $53.00 Airport stamps – $20.00 Total Expenses – $165.00 Income $18.00 $41.00 $40.00 $14.75 $10.00 $9.00 $8.46 $9.00 $10.00 $37.65 Total Income- $176.82 (minus 5% credit cards) Net Income – $11.82 Per hour income – $0.49 … Read entire article »
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Chicago Taxi Driver Driver 12-23-2011
24 Hour Lease Lease – $92.00 Gas – $55.62 Airport Stamps – $20.00 Total Expenses – $167. 62 Income $34.00 $12.00 $10.00 $5.00 $15.42 $13.00 $6.00 $15.00 $50.00 $8.00 $31.85 $16.81 $45.81 Total Income – 252.40 Net Income – $84.78 … Read entire article »
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Chicago Taxi Driver Income 12-20-2011
24 hour Lease- $92.00 Gas- $40.00 Total Expenses – $132.00 Income $15.90 $7.00 $9.50 $12.00 $8.00 $20.00 $17.00 $13.00 $10.00 $20.00 $40.45 $36.78 Total Income – $72.50 (minus 5% for credit cards) … Read entire article »
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Chicago Taxi Driver Diary 12-21-2011
Expenses Lease – $92.00 Gas- $62.00 Airport stamps – $40.00 Total Expenses- $194.00 Income $37.98 $36.78 $31.00 $44.05 $35.00 $8.00 $10.00 $10.00 $7.00 $13.00 $19.50 $50.00 $70.00 $43.50 $8.00 $7.00 Total income – $439.11 (minus 5% for credit cards) Net income = $245.11 … Read entire article »
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Chicago Taxi Driver Diary 12-19-2011
24 Hour Lease Expenses Lease – $91.00 Gas – $50.00 Total Expenses = $141.00 Income from Fares $9.00 $44.94 (credit card) $43.26 (credit card) $15.00 $10.00 $11.00 $10.00 $6.00 $19.00 $47.82 (credit card) $8.70 (credit card) $7.00 $14.00 $41.58 (credit card) $8.94 Total Income = 337.82 Net Income = 196.82 … Read entire article »
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Chicago Taxi Driver Diary 12-18-2011
Yesterday, I leased a cab for 24 hours. My company only had one. I had a few things happen that has made me want to get out of this taxi business. First, the fact that I had 1 cab to choose from. If I hadn’t arrived around 5:00 a.m. in the morning, I probably wouldn’t of had that choice. The second issue is when I got the cab, the engine light was on. I took it to the garage to have the foreman look at it. He opened the hood, took out three electrical wires, waited about three minutes, and hooked it back up. The engine light wasn’t on (This is a little trick of theirs). As soon as I hit the highway, the engine light came back on. Not only … Read entire article »
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Chicago Taxi Driver Diary 12-17-2011
12 Hour Lease Expenses Lease -$ 60.00 Gas- $ 11.00 Total Expenses $71.00 Income Cash $41.00 $11.00 $15.00 $10.62 (credit card) $13.00 $9.00 $10.00 $8.65 $5.00 $28.26 (credit card) $8.00 $10.99 $10.00 $6.00 $14.46 $12.00 $9.00 $6.00 $8.00 $6.00 $8.00 $8.00 $22.00 $20.00 $9.00 $10.00 $6.00 Total Income = $316.33 (minus 5% for credit cards) Net income = $245.43 Average per hour = 20.44 … Read entire article »
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