Only a trader would understand what I mean. The strategies are simple, even though we human beings try to overcomplicate things. It’s the simplest of strategies that work the best. That’s why I love the G-Force trade. Today G-Force was a goer. Short trade setup on cable15 pip stop 75 pip target. The last couple […]

Today has been (AND IS) a pretty significant day in FX. Many of the currency pairs that have been on the brink over the last few weeks, causing the choppy markets that we have been experiencing (and the stressful trading for the trend followers) appear to have made a decision today. If you, like me, […]

Here is a useful link to help define what kind of trader you are.  It comes from the site of Van Tharp a well-known and respected Trader Coach who was covered in Jack Schwager’s book Market Wizards and was one of the final candidates for the Richard Dennis’s Turtle Trader program.  He’s the author of several good books […]

Gosh  – December is only 2 weeks old and its proving to be the month that is testing my patience and discipline. This is not a trending month. This is a month where you have to do the smash and grab. A quick in and out for the most part with the VERY occasional runner […]

So I’ve started my new routine of being in the office for 5.30am London time in order to capitalise on the changes in the markets.  Of course after several weeks of great early morning moves this morning was somewhat dull and uninspiring.  Cable wasn’t giving me any love this morning so I went hunting for […]

I have more than one broker, newbie traders ask me why? Well….there are a few reasons: 1. The pricing can be vastly different between one broker and another 2. Sometimes it makes it easier to compartmentalise my strategies if I run them on a couple of different accounts (long term on one, short term on […]

There are plenty of ways to define what type of trader you are but lets start with a simple yet immensely effective exercise. Fear & Greed are the dominant emotions expressed in the markets on a day-to day basis (we can go deeper than this however for the sake of his article we’ll keep it nice and […]

After a positive week last week and an eventful day on Friday I was looking for some good set-ups this morning.  I was focusing on the 5 min Cable chart as can be seen below.  After the swing into dollar strength on the back of Fridays NFP numbers I was looking for a chance to short […]

Well having had a couple of days of good runs in this currency I was always aware that the trend could turn.  So I was not surprised to see that price had gone sideways overnight.  It was sat on the 4hr 200 EMA and sat under the 60 Min EMA. Late on yesterday my scalp short from […]

So carrying on from my last post I am short EURGBP from 9128 on a scalp trade and short from 9105 on a swing trade.  The Scalp trade was set with an auto trailing stop of 25 points and had already moved itself to 9108. The Swing trade had three targets of which the first one […]