I’ve been saying for a while now that I was shorting Global Indices based upon my analysis of the charts and using various vehicles (CFDs, Spread-Betting, DMA & Binaries) to access the market and build positions in line with my view.  I wrote about how at the start of the month I was stopped out [...]

Just a quick post on a Binary position that I took recently on the S&P.  I had forgotten about it because I didn’t expect it to move so quickly to target!  I took the position back on the 4th May (position 1 on the chart) after price broke down strongly and broke a weekly trend [...]

I had another 2 Binary positions close yesterday.  Both on the NASDAQ.  As always lets cut straight to the chart. NASDAQ – WEEKLY The NASDAQ has been on a bullish tear north for the first 13 weeks of 2012.  It was simply unstoppable and trying to short it would have been futile (not that I [...]

Over the last couple of days I’ve had a few european centric Binary positions closing on me.  Whilst not necessarily taken with the French elections in mind they certainly played a part in their outcome.  One win and one loss.  Lets cover the losing position first: EURUSD After a wild start to 2012 where the [...]

This week has seen the failure of a Binary No Touch Trade on the Dow Jones and the re-attack of it based on todays poor NFP numbers.  The chart will explain it all.  As always there’s useful debrief points to learn from. 1. The Dow Jones has been in a nice up-trend since early December [...]

Hey traders, Most of you know that I’m primarily an FX Trader however for the last 8 months I’ve increasingly been trading the major Indices (S&P, DJ30, DAX & FTSE).  For some reason my price action strategies have been generating  nice signals, trades and results so who am I to argue? Anyway here’s a video [...]