Well after a few weeks R&R I was raring to get back into it today.  My Relative Strength analysis pointed towards buying sterling and selling dollars but when I looked at the charts there was nothing to provide me with any enthusiasm. Yes there was a break of a trendline between 1 & 2 however I […]

“A trading career is a marathon, not a sprint: the winners pace themsleves.”  Dr. Brett Steenbarger Those of you who follow this blog will perhaps have noticed that I’ve not posted any trades over the last 10 days or so.  This has not been a case of me hiding bad trades.  Far from it!  To begin with […]

TRADING JOURNALS – WHY BOTHER? Today was a great day trading – small losers, small winners and a few big winners – just as we like it. Overall 3% up on the day. That’s what you’d call a good day at the office. Sometimes after a long trading day (well about 5 hours today in […]

It’s been a pretty empty, quiet period for me in the last week or so on my early morning trading.  The last two days demonstrate exactly why. Yesterday Monday 2nd Novemeber I had done my relative strength analysis and it had told me I should be buying Sterling and selling US Dollars. So I was looking […]