It’s been a very jumpy morning on the intraday charts. I had a signal to take GForce long this morning and even though I had a view that it might not trigger or if it did trigger then the likelihood of getting 70 pips was slim (with it having to break the big 1.600) I […]

Yep I couldn’t think of a better name for this post other than the iconic spaghetti western starring the legendary Clint Eastwood.  Some might say that these trades are a bit like the gunfight at the OK Corral…keep your head down as its likely to be taken off by some of the wild dodgy shots! As […]

“Trading is a business where it really pays to pay attention and learn from the market every day. You will know just that bit more than the others who think they can just enter some magic numbers in a computer.” Peter Crown – Professional trader,  25+ years experience

Just a quick update. Had a EURGBP position on Thursday / Friday of last week which I closed at break even on Friday as it wasn’t doing what I believed it would do. Was the right decision running into the G20 weekend as I would have taken a full loss had I held on.  I […]

“Becoming a better trader and becoming a better person seem to go together.” Ed Seykota, Market Wizard

“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” Ed Seykota – Market Wizards

As promised in my last post here’s a video explaining the 4 hour trades I’ve taken over the last 24 hours.  Nothing exciting just a few simple set-ups. Having been out of the game for a while (see here if you want to know why) and mentioned in the video I’m starting with simple, approx […]

After a pretty torrid summer of major sporting injury, medical rehab,a house move and a lack of internet connectivity it’s only been in the last day or two that I’ve been able to start spending time in front of the screens. I had a long chat with FXTrader Sandy yesterday and discussed our trading, the markets, life […]

From an interview with Glen Ring for Real People; Real Traders What is one of the biggest mistakes traders make? They try to be too perfect.

“Amateur traders turn into professional traders once they stop looking for the ‘next great technical indicator’ and start controlling risk on each trade.’ John Carter – Mastering The Trade