Tag Archives: concious incompetence

Don’t Be Afraid to re-enter a Trade……

July 12, 2010

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if the setup is valid – even if you’ve just been stopped out. This morning’s trade was the G-Force set play with a short entry on cable at 1.5908 with a 20 pip stop and 60 pip target. I was a little concerned about entering the trade above the massive one and a half but [...]

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Is Anyone Going to Intervene?

May 25, 2010

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Is it going to be today? Are they causing this rally up? Is it going to be now? When are they going to do it? They normally do it, why haven’t they? Maybe I shouldn’t trade them short? What do you think I’m referring to? Yep those Japanese Yen pairs. Over the last few weeks [...]

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The Exciting Life of a Trader…..

March 5, 2010

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NOT! The last 2 days have been exceedingly boring (tradingwise) as perhaps the market prepares itself for NFP day today. So whilst the market does nothing I have watched all 12 episodes of season 4 of Dexter – I love that program and OMG what a shocker at the end. Absolutely fabulous! It always help [...]

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2 March 2010 – A Funny thing happened this morning…..

March 3, 2010

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It’s been a pretty cool trading day today. Not one of those range busting pip days we have been seeing recently but a lot more of the ebb and flow that I like to trade. Chatting to Paul on Skype this morning both of us were looking to see what was on offer. Funny thing [...]

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The Five Steps to becoming a Competent Forex Trader!

November 23, 2009

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I can take no credit for this piece (I wish I could) as it was written by another trader (it had to be as only a trader would recognise the journey). If anyone knows who was the original author then I’ll be happy to provide the necesarry credit.  Anyway this is a great piece that sums [...]

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