Well after EURAUD’s stratospheric climb yesterday (it climbed faster than a Tornado F3….but that’s not really much of a compliment) it was no surprise to see it teeter at new highs, print a nice reversal pattern and then roll-over and rapidly fall back to earth (once again, very much like a Tornado F3). My stop had been […]

Well I do feel a bit foolish for not posting my chart of EURAUD yesterday (see here).  I didn’t expect it to move like it has! My trade triggered about midday yesterday at 1.3622 and has moved nicely north all the way.  After taking a quick look at 8am this morning before I left the […]

(Preface: I was supposed to post this blog yesterday, but got sidetracked by other more pressing matters! My apologies, though it’s still a sound blog piece compared to what has happened in the last 24 hours.) Tuesday 22/2/2011 As mentioned in my previous post I’ve been watching the EURAUD this week for a trade.  Here’s a […]

No Income trades for me on Sunday evening, there were a couple of set-ups that appeared however they exposed a hole in my trading rules, which was a useful exercise to aid and improve decision-making going forward. On the Growth side I had an order in on EURAUD which I will update in a separate piece. FXTraderPaul

I’ve often mentioned about traders working with scared money and the negative influence it can have on performance.  I was going to write my own specific piece on this however as luck would have it I found a better option by Chicago Sean.  I couldn’t explain it any better than he does in his piece.  […]

It’s been a slow couple of weeks for my Weekly Growth trades.  Either no set-ups on my charts or orders have been placed but not triggered within their time limit.  This week I’ve had orders in on GBPUSD but alas so far no trigger.  That’s the way it goes sometimes. My Weekly Income Trades triggered […]

I attended a useful session in teh City on Wednesday afternoon provided by Wes and Leanne from A4G Accountants for Traders. If you’re serious about your trading business then I would heartily recommend checking out their website and their services. I left realising that it’s vitally important to have the correct support structures in place for your trading business.  I always […]

It was the best of times. It was the worst of times. (Apologies to the literate amongst us). Sunday saw my usual short-term and swing trades setting up and I was doing the necessary setup work.  I was also trialling my new brokers platform in an effort to make my Sunday Income trades easier to […]