So after a couple of dull days I had a couple of trades trigger this morning….and swiftly wished I’d stayed in bed! GBPCHF – Long The trade triggers early…..never a good sign. It never goes positive before falling back swiftly and the system closes down my position for -11.  That’s not where my stop was […]

Just to let you know that I’m still here it’s just that I haven’t taken any trades this week. Monday I decided to stay away from the market.  Big gaps followed by big overnight ranges.  A time to sit on my hands and wait for the easy money. Tuesday wasn’t much better but I had […]

I tend not to read the papers as a general rule: too much doom and gloom. However I do make time for the FT Weekend edition.  Whilst perusing this weekends edition (Sat/Sun April 10/11th) in my local coffee shop yesterday I came across a fascinating commentary by Gillian Tett (a well thought of and highly respected FT […]

The next chapter in my occasional series about what type of trader are you focuses on the longs vs the shorts.  Are you predominately a Bull or a Bear? Have you reviewed your trading records to determine any bias in your trade selection to either the long or the short side? Some people just can not […]

Fellow Trader,  After the success of our first PipHunter Advanced FX Trading day my trading buddy FXTrader Sandy and I are running our next event on Friday 7th May 2010 in Central London.  After spending a year of working for a private hedge fund, this will be an opportunity for us to pass on our experiences […]

I’ve been away working and on holiday for the last two weeks so I always ease myself back into trading very slowly. Yesterday was my first day back but it was a strange old messy day. Today I was back into my routine and starting with my relative strength filter it was giving me some […]

It has been brought to my attention that certain individuals have been using the results of FXTraderSandy and me, FXTraderPaul, displayed on this blog, as a means to attract investment in a trading fund.  The material has been used, without our knowledge or consent, for commercial benefit.  I would like to take the opportunity to […]

No trading for me this week as I’m busy preparing for our Trading day on Thursday and going away on holiday on Saturday.  So I’m sure I’ve missed some cracking opportunities for pips but they’ll be there again.  Anyway whilst perusing certain blogs and websites I came across this piece posted on TraderToms website.  From Dennis […]

So final day of the week and my final couple of trades.  There were a few setups for me to take and I decided upon GBPUSD and GBPCHF for my early morning breakouts.  These two trades are described below. GBPUSD. 1.    I’m short at 1.5215 with a target of 1.5170, price moves down strongly, there […]

So no trades for me the last two days despite there being some big moves overall.  Both yesterday and today during the very early morning there were no set-ups for me on either a system or discretionary basis.  With hindsight it was obvious that there were some good trades later in the day but by that […]