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 [...]

I’ve mentioned that I had a few longer-term Binary Positions that are running and I thought I’d update you on a position that closed out last night. After many years in decline the USDJPY trend broke with a strong move north from the end of January.  People far smarter than I can explain why it [...]

A quick post on a quick win Binary Option on Kiwi Dollar which hit target last Thursday…but I did not realise till I did my weekly analysis this weekend. Here’s the weekly chart:   As you can see on this weekly chart the KiwiDollar after a strong up trend reversed and fell back.  There were [...]

I’ve not been blogging many trades or videos so far this year. The Metatrader platform whose charts you’ve seen in my past blog posts has been closed down by my broker as they change their Metatrader supplier.  In the old days you could easily move your profiles & templates from one Metatrader to another regardless [...]

Hello Traders, As usual here’s my analysis of Currency Strength & Weakness for the week beginning 15th January. From the weekly perspective: 1. JPY 2.AUD 3.USD 4. CHF 5. GBP 6.EUR No change from last week on a weekly outlook From the Dailies: 1.AUD 2.JPY 3.USD 4.GBP 5.CHF 6.EUR So on both the daily and [...]

I’ve mentioned Peter Brandt’s writings before here on my blog.  Whilst I don’t trade like him there’s always some excellent advice & anecdotes on his blog that are suitable for traders regardless of their experience. In this post Peter talks about how his firm keep excellent records (a personal hobby-horse of mine as regular readers [...]

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 [...]

Hello Traders, Just a quick update on my views of currency strength and weakness for the week beginning 11th Dec 2011 Weekly Strength 1. JPY 2. AUD 3. CHF 4. USD 5. GBP 6. EUR No real surprises there. JPY still the strongest and EUR the weakest.  AUD has gained in strength and CHF continues to [...]

Hello fellow traders from Co Louth, Ireland where I find myself this week with my family. Its been an interesting week to hear the Irish Governments Budget and their austerity plans (and the people’s reaction) in the context of the Friday 9th Euro Summit and all that it holds.  It’s also been interesting to hear [...]

Here’s a quick piece on a trade from this week on the GBPUSD. It hit T1 yesterday and now I’ll wait and see what it does from here. On the weekly chart we had an inside bar that was also a hi-test bar against the moving average. Cable has been in an aggressive down trend [...]