NYC Trader's Expo

Here is a summary of what I learned at the International Trader's Expo:

Kathy Lien and Boris Schlossberg with GFT

*Most informative speaker

• A quick lesson in current Macro-economics
• EUR/GBP may have topped
• GBP may be first currency pair to rebound...
• *Extension Fade* by taking the history of currencys if a pair has 7 up days in a row...chances the next day will be a down day.

John Person

• Use Person pivots to confirm trends

Jeffery Baskin with FXDD

• Look into Ichimoku cloud for another technical analysis tool...it is a future looking indicator.
• Cash is a position...don't always feel you have to be in a trade
• In this market trade technical...fundamentals are out the window
• Look into Vegas Tunnel on the 1 hour chart

Timothy Sykes 

• Cut your losses quickly...to survive as a young trader

Peter Bain with Forexmentor

• Never trade a pair that isn't trending properly
• Buy the dips on a bullish trend
• Sell the rallies on a bearish trend

Highlight of first trader's expo experiance:

• Exploring NYC with good friends
• Learning a lot from free seminar
• Inexpensive mini-vacation
• Trading currency against a hedge fund manager (Who can say they will ever have the chance to do that?)
• Treasure hunting-signing up for countless drawings (from laptops to multiple monitors...probably going to end up with inbox full of junk mail)
• Meeting young traders or trainees...they inform us what life is like working in NYC
• Meeting and seeing my mentor's Tim and Peter present their material
• Seeing my friend Aynul attend his first expo and win a $500 raffle!
• Great food