I’ve not posted for a while as I’ve been busy with one family emergency after another.  I’m just starting to get back into my working routine after an eventful couple of months. During this period my trading has been limited to some news trading as part of  ‘The Wallachie Fan’ and some much longer term […]

I spent most of today at the Shares Magazine Forex Trading Conference presenting on “What I Wish I’d Known When I Started Trading” – I’d been led to believe that 70-80% of the attendees were complete newbies and planned my presentation around that. In the end probably 50% of people had been trading for more […]

I’ve been writing all year about the EURGBP and its constant decline whilst making new lows. Well at the end of this week we had a further point of interest as the currency closed below the psychological number 0.800 for the first time since September 2012. Most of this was due to comments by BoE […]

I’m back from my holidays in the Highlands of Scotland. I can’t say they were as relaxing as Id hoped (due to unforeseen circumstances) however I’m glad I went as it’s a truly stunning part of the world. Now I’m back at my desk, looking at my charts and getting back up to speed.  When […]

Sterling has been a great story these last couple of months. If like me you’re looking to buy strength and sell weakness then GBP has been strong all year. On the daily chart of GBPUSD we can see that price has been chugging upwards in a nice channel. Price tickled the soft underbelly of the […]

I maybe on my holidays in the highlands of Scotland but I had a chance to look at the odd chart.  Earlier this week I drew attention to the gold price coiling up into a tight triangle pattern (click this hyperlink to read that piece). I hadn’t expected it to explode so soon but I […]

Just a quick heads-up. Take a look at the Gold Daily chart. The gold price has been listless for the last 4-5 weeks. On the daily chart you can see that its forming a nice triangle pattern.  I’m not really one for trading that particular pattern, but I always take a note of them when […]

I wrote a couple of weeks back that the markets and in particular a lot of the FX markets were decidedly lackluster these last 2-3 months.  As usual no sooner had I spoken than things picked up! Yesterday we saw new annual lows in the EURGBP. Check out the chart below:   EURGBP has been […]

I’ve been talking to a few traders recently about the lack of trading opportunities and general malaise at present. March and April were particularly quiet.  I think that lots of people took two weeks off for Easter during April. Allied with Ukrainian nervousness meant that it was a generally dull month. However if you look at […]

Fellow Traders, Back in 2009 I started the London Traders Network as a means for traders of all levels, experience and roles to get out from behind their screens and meet others to share beers and war-stories.  I’m not sure where those 5 years have gone but they’ve flown by!  It used to be just […]