Psychology Technology

I just opened a long trade on this pair with the expectation that the quarterly year on year will come back better than expected. It should improve beyond expectations if it’s going to follow the manufacturing consumption increase as of late. I have opened at 1.67094 with a stop at 1.66507 and a limit of 167708 (60 pips)

I got in to my position a little late today (8:50am) than I would have liked have.  The trend set in around 6:30am GMT.

… to be continued

Because of some OS requirements (and limitations with Wine, and a lack of fortitude in attempting to configure it to ‘possibly’ work for me) I have added Virtualbox to my Ubuntu Karmic installation.  I did this so I could get an image of the windows xp that shipped with the netbook for those ‘because I have to’ moments.

Lacking a CD/DVD drive didn’t really make that much of a difference for me.  I took the system install CD created an image from my wife’s laptop.  I did this by firing up her version of Roxio Creator, and chose to create an ISO image.  Before burning, I also selected the RAW option.  If I remember correctly, RAW ensures that the image includes all errors that are in the image.  Sometimes, manufacturers include errors to avoid duplication.  However in my case, there was never more than one backup of the CD at any time.

I then took this image on a usb key, and moved it to my netbook.  Virtualbox picked up the iso without any problem, and about 45 minutes later the installation was complete.  The burning question I had was whether the product key would still work.

When I first got my laptop, being impatient I loaded up the default installation of XP for a quick play.  Sure enough, upon installation from the System Restore image, I was confronted with the ‘Key used maximum number of times’ message, advising me to contact whomever to buy another license.  However!  I noticed that the key that appeared onscreen was different from the key on my product key sticker!  After typing in the key that was on the netbook, the XP OS activated

I now have my Ubuntu Karmic installation working, and my XP virtual machine for those windows moments

Today was a good day, I’m currently building up my account from about $200.  Partly because that’s what I have to invest, and partly because that is what I have left from $750 over the past year while learning the forex market.

The approach I am taking at the moment is terribly simple.  After reading The FX Bootcamp, I have a solid plan on what I want to trade when and how.

Monday was a recovery day from the previous week.  the GBP got hammered by some fundamental news that the Bank of England released saying that they will be hurting for some time to come.  Naturally, the market rebounds to a certain degree, and this was the case on Monday.

I went long on GBPUSD with a 70 pip stop loss that moved forward on 10 pip gains.  I set my target to be between 30-40 pips (I currently try to set this for all trades).  38 pips later I made a decent return for a few minutes of my time.

Tuesday Morning, I knew that Japan had a holiday on Monday, so trading was very erratic on the GBPJPY currency pair (I only make a single trade at a time).  At around 7am GMT I had 3 15 minute candlesticks confirming a downward trend.  However, I get hesitent on trades sometimes, so for this one after about 5 minutes I took a 20 pip profit on a short.

I need to get more refined in my rules.  I’ve developed some rules and have them on a spreadsheet, but there are some things on there that need more information (like when do I consider the trend confirmed = ie 3 candlesticks between 6:45am and 7:30am).

In one of the MOSS environments I have worked in, there was an issue on one of the web frontends where each time you accessed the Central Administration website remotely, it would prompt you to login three times, then give an ‘Unauthorized’ Access Denied HTTP message.

However, when you logged in directly to the web frontend, you could pull up the Central Administration website without any problems.  But why!?  Well, the answer is that the worker process account you have setup for this website doesn’t have an SPN (Server Principal Name) set.  Rather than re-hash what Grant Thompson has wrote, see his blog.

Just note that you may not have to reset the passwords as well.  The restart was enough for me.

Now that I have had a couple weeks to thoroughly break in my Samsung NC10 laptop running Ubuntu Karmic.  I have decided it’s high-time to get some more media setup.  Namely the BBC iPlayer.

This is available however, there are two prerequisites.  Adobe Flash, and Adobe AIR.  Adobe Flash installs seamless through the software center.  However, Adobe AIR is a much more manual process because of the license agreement.  Here are my steps.

1. GO to http://www.adobe.com/products/air/
2. Click on the Get Adobe AIR link towards the right of the page
3. Once the download is complete, right-click the file in FireFox
4. Click ‘Open Containing Folder’
5. Right click the file and select properties
6. Go to the Permissions Tab
7. Set all the rights to ‘Read Write’
8. Tick ‘Allow executing file as a program’
9. Open up a console (System Tools Menu in Gnome)
10. In a console, navigate to the ‘Containing Folder’ above (ie cd Downloads)
11. ls (now make sure you see the file you downloaded)
12. type in ./AdobeAIRInstaller.bin
13. If you accept the license agreement click I Agree
14. Enter your password if prompted to continue the installation
15. The install window should close and is now Complete! (For Adobe AIR)

BUT.. at the moment of this writing… Firefox will not display BBC iPlayer flash content (flash version 10.0.32.18).  However, I have Konqueror installed, and I am able to stream BBC content only.

To be continued…