This is a late write-up due to being overtaken by events. The nature of the trade is that it was a WallachieFan UTB123 Long trade on the Daily Nikkei chart. These trades are just short-term momentum plays. Think of them as a boxers jab rather than a knock-out blow. This trade triggered and hit target […]

Well its been an interesting week for the markets, what with Crimea and big news announcements. I deliver a few educational webinars for a European brokerage ActivTrades and as part of the webinars I go through some of the major charts. I thought I’d share a few of them here with you. AUDUSD Daily I […]

I’ve been writing about the Cable’s movements all year.  You can get up to date by reading my previous posts: here In my last few pieces I’ve been keeping an eye on the monthly chart which you can see above. I had talked about how the monthly 200MA had acted as a cap in 2009 […]