So today and Friday I’ve spent pretty much on my haunches doing absolutely nothing. Friday was a game changing day in my book. EURUSD and GBPUSD pretty much took off early, headed north, bust their ATR’s and never looked back. The Yen pairs were spooked, manipulated or intervened (choose your own word) and so the markets were skewed. I’ve […]
Archive | September, 2010
Thursday 23rd September – starting back on the intra-day trading
September 23, 2010
Hey there folks, Well today I decided to get back to the desk nice and early and try out some intra-day trades. I’m not going to deny that it was a shock to the system to be getting up at 0530 after a few months of later starts but it felt good to at last […]
Another Day Another Divergence Trade
September 23, 2010
No trading at all for me yesterday. After the FOMC results, and the massive movements that followed, Wednesdays charts all looked overextended to me and very uninviting. Deciding that there was too much risk out there for me I took myself off for an early gym session at 9 a.m. and never came back to […]
What type of Trader are you? An Amateur with a hobby or a Professional with a business?
September 22, 2010
Well I’ve not written a piece under the what type of trader are you banner for a while so I figured I might as well get stuck in. And I figured I might as well just cut to the chase with this post. Quite simply are you an Amateur with a hobby or a Professional […]
Cable MACD divergence trade
September 21, 2010
This is my first blog for ages as I’ve been busy moving home and it’s been the school holidays, but now all that is done and I’m back blogging on FOMC Tuesday with a video! I didn’t think there would be much to do today, overnight in Asia was quiet with everyone waiting for this […]
Book Review – Mastering The Trade by John Carter
September 20, 2010
It’s been a bit quiet here as I’ve been away for a few days and was then without internet whilst my supply was changed. Anyway to ease myself back into writing the blog I thought I’d give my fellow traders some feedback on the numerous Trading books I’ve been reading (or re-reading) during my period of […]
Global currency trading jumps 20% in three years
September 1, 2010
I’m away for a few days but I thought you maybe interested to read this piece on the BBC site which provides some details on the rise of Global Currency Trading and the pre-eminent position that London maintains within this sector of the financial markets. The data comes from the Bank of International Settlements three-year […]
September 27, 2010
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