So it’s the final day of the month of April and I’m the first to admit that it’s been a challenging month.  If you trade Sterling and trade breakouts then it’s fair to say that you’ll have found it taxing. With the run-up to the general election next month it’s no surprise that Sterling has […]

For over a year now I’ve been running a series of social and formal events in London aimed at helping traders meet other like-minded souls and develop their trading. I use the meet-up.com website to manage and run these events. Most of them are just pure social events held at a pub in Central London. This […]

Everyone wants to be right 100% of the time in trading. Why do you think that there are so many people trying to sell dodgy trading systems with 97 -98 – 99 – 100% success rates? Humans generally don’t like to lose and experience pain so we’ll do anything to avoid it, especially when it’s […]

It was a quiet morning for me today.  I was not as sharp as normal and so scaled back my trading.  Just the one trade which turned out to be a scratch position for me. GBPUSD. 1. Cable has set up for a bullish breakout and so my order is placed and triggered at 1.5444.  […]

It’s been a rum old time in the FX markets over the last 2 weeks or so. Some very interesting moves; some good, some choppy, some downright shocking! Anyway I started the week with a few small losses and as the week’s gone on so my trading has got better. Today I finished up with […]

Fellow Trader,  There are only 24 hours left to claim your early-bird discount for the next PipHunter Advanced FX Trading day on Friday 7th May 2010.  After spending a year of working for a private hedge fund, this will be an opportunity for us to pass on our experiences to other serious traders.  After our last […]

It’s been a strange few days for me with my routine well and truly broken. Last week was my first losing week in nearly 10 weeks so I shouldn’t be too upset but use it as a chance to take stock and see what I can improve in my business. The title of this post […]

So after a couple of dull days I had a couple of trades trigger this morning….and swiftly wished I’d stayed in bed! GBPCHF – Long The trade triggers early…..never a good sign. It never goes positive before falling back swiftly and the system closes down my position for -11.  That’s not where my stop was […]

Just to let you know that I’m still here it’s just that I haven’t taken any trades this week. Monday I decided to stay away from the market.  Big gaps followed by big overnight ranges.  A time to sit on my hands and wait for the easy money. Tuesday wasn’t much better but I had […]

I tend not to read the papers as a general rule: too much doom and gloom. However I do make time for the FT Weekend edition.  Whilst perusing this weekends edition (Sat/Sun April 10/11th) in my local coffee shop yesterday I came across a fascinating commentary by Gillian Tett (a well thought of and highly respected FT […]