Archive | April, 2010

Finishing the week and month with a few cheeky pips…again.

April 30, 2010

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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 […]

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For London based traders you can now meet-up with other traders

April 28, 2010

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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 […]

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Dealing with clusters in your trading

April 27, 2010

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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 […]

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Monday 26/4/10 – A quiet morning…for me at least.

April 26, 2010

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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.  […]

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Friday 23rd April – Finishing the week in profit – GBPUSD +32

April 23, 2010

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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 […]

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Only 24 hours left to claim your early bird discount for the PipHunter Advanced FX Trading Day on 7th May 2010

April 22, 2010

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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 […]

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Monday 19th April – I’d rather be profitable than right

April 21, 2010

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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 […]

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15/4/10 – In, Out, Shake it all about, you do the hokey-cokey….

April 15, 2010

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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 […]

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A dull couple of days …and on avoding the attention of your evil twin.

April 14, 2010

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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 […]

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A fascinating point from the FT Weekend

April 12, 2010

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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 […]

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