Author Archives | FXTraderPaul

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A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!

17 & 18 /3/10 – Being flat is a position

March 18, 2010

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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 […]

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Last call for the PipHunter FX advanced trading day-Thursday 25/3/10

March 17, 2010

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Yep, it’s the last call for our live trading day in Central London on Thursday 25th March at the The Hatton. A chance to meet yours truly and enjoy an educational and informative event about how professionals go about their trading day.  With some live trading in the afternoon who knows we may even make […]

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Tuesday 16/03/10 3 x Trades for +45

March 16, 2010

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Last week was a successful week for me financially in the markets and so after a long weekend away in Edinburgh watching the rugby I was ready to ease myself back into the markets this morning. Yesterday looked like it was a cracking day on the Forex markets selling Sterling.  I hope readers helped themselves to some […]

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Fear – A Traders Greatest Enemy?

March 9, 2010

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One of our regular subscribers James asked me to do a piece on fear and I’m happy to oblige due to James’s continued  feedback and support of this blog.  Thanks James. Fear – A Traders Greatest Enemy? Well is it? A Traders greatest enemy? If you find yourself nodding your head in agreement then congratulations, […]

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PipHunter Advanced FX Trading Day – Thursday 25th March 2010

March 8, 2010

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Fellow Trader,  After the success of our recent PipHunter Basic FX Trading day my trading buddy and I are running the first of our PipHunter Advanced FX Trading days on Thursday 25th March 2010 in Central London.  After spending a year of working for a private hedge fund, this will be an opportunity for us to […]

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Monday 8/3/10 – Fighting Back on the EURJPY – +17

March 8, 2010

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Overall last week was a positive one….though I’m starting to investigate my reasons for trading the first week of the month.  More on that another time.  This morning has been an interesting one.  I started with some standard early morning breakouts on Cable and EURJPY, both went long and  both went positive…..before falling back and […]

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What type of Trader are you? Growth vs Income

March 4, 2010

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So the next chapter in my occasional series about ‘What type of Trader are you?’ focuses on whether you are trading for Growth or Income. Most  standard Investment strategies offer you the route of either looking for Capital Growth on your investment or a stream of Income.  It doesn’t matter whether you’re investing in Mutual […]

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20 / 20 Hindsight Trading – a not so wonderful thing

March 3, 2010

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(Caption reads: Hindsight.  Those really were the droids you were looking for.) How many times have you looked at a chart or a trade and gone through the Woulda / Coulda / Shoulda exercise?  Come on, be honest.   “Ohh if only I’d bought there….” “Ohh if only I’d have gotten out there I would have avoided […]

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1/3/10 GBPUSD Early Breakout – +45

March 1, 2010

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Had an interesting (meaning profitable) end to last week which I’ll write about later this week. So new week and new month.  I was lucky enough to start this month like I finished last one with some nice profit. Cable set up nicely with an early breakout opportunity so the trade was set on my platform. […]

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23/2/10 Cable & Eurusd – A profitable +60 day but…. what a shocker!

February 23, 2010

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Yes Ladies and Gentlemen, whilst I have had a successful day today it’s fair to say I am somewhat grumpy and annoyed with myself.  I have made a litany of mistakes today and was lucky to get away with them.   Whilst I felt somewhat tired this morning at my 0530 start it wasn’t any worse […]

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