Ok another Trade at the european open. Price had rallied overnight and had hit new highs.  When price tried to puch north again but failed forming a double top I was ready to short the drop. I went short at 1.5969 with a stop-loss at 1.5996 above the high and a target of 1.5930 […]

Sorry I’ve not been posting however I’ve been off sick and also attending a course over the weekend.  Now back trading and here’s a trade from this mornings move on cable.  Price had fallen during the evening but started to rally in the early morning.  As we got towards the 7am open I saw that price […]

    Here’s a trade from today.    At point 1 price has rallied up to the 1.6000 level for the 2nd time.  It can not close above it and in fact the 5 min candle (difficult to see on this chart) actually closes as a high wave candle.  I notice that there is divergence on […]

  So first trade. Based on what I mentioned in my previous post I’ve included a trade from the morning of Monday 5th October GBP/USDe 5 mins chart to show how I traded.   You may notice I’m using a couple of indicators on the chart which I’ll explain.  MACD purely for divergence 10 SMA purely for trend […]

 Hello there fellow trader! Well here’s another blog about adventures in FX Trading……..oh how exciting…..yawn! So what’s the difference here? Well unlike most other trader/educators my colleagues and I actually trade!  So much of what you read on sites, forums and blogs is done using the wonders of hindsight by sales and marketers as opposed […]

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