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 [...]

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 [...]

Traders, A quick shot of a losing position (I say position because there were several elements to the trade) that closed out on Cable last week. From its lows in the 2nd week of 2012 GBPUSD has ground its way north with all manner of false breakouts occurring on the weekly chart. At point 1 [...]

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 [...]

Yep, I know I’ve been a bit lax on the blog posting, There’s been other trading committment going on. So I figured I would get back in to it but posting a snapshot of GBP.  Take a look, any thoughts or opinions welcome. Trade Well. FXTraderPaul

Here’s my weekly Currency Strength Analysis for the week commencing 22nd January 2012. Weekly: 1. JPY 2. AUD 3.CHF 4.USD 5.GBP 6.EUR No real new news there. Daily: 1. AUD 2. JPY 3.USD 4.GBP 5. CHF 6.EUR   In terms of currencies and possible trades for this week I’m looking at EU, EJ, EA,CJ, UJ, [...]

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 [...]

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 [...]

For those of you who missed it, here’s my first 2-part article that I was asked to write for Traders Magazine entitled “What Traders Can Learn From Battle Managers”: Part 1 is here: TradersMagArticle29092011. Part 2 can be found here: Trading Is War – Part 2