It’s been a very jumpy morning on the intraday charts. I had a signal to take GForce long this morning and even though I had a view that it might not trigger or if it did trigger then the likelihood of getting 70 pips was slim (with it having to break the big 1.600) I […]
Author Archives | fxtradersandy
UNLEASH G-FORCE
October 14, 2010
It’s an interesting day in October. The majors did their ADR in the Asia session overnight. Is there anything left for us in London? USDCAD is at parity!! Aussie is pretty much at parity!! Swissie keeps falling as does Yen. We are in new territory – nervous times?? Then up pops GFORCE telling me to […]
Cable Trade in Progress
October 12, 2010
This is a trade that I am currently running in cable short. 3 positions now in this trade but with CPI figures due at 0930 I am aware that I am going to have to reduce my risk and will scale out half of my first full position in the next few minutes. 2 positions […]
Another Day Another Divergence Trade
September 23, 2010
No trading at all for me yesterday. After the FOMC results, and the massive movements that followed, Wednesdays charts all looked overextended to me and very uninviting. Deciding that there was too much risk out there for me I took myself off for an early gym session at 9 a.m. and never came back to […]
Cable MACD divergence trade
September 21, 2010
This is my first blog for ages as I’ve been busy moving home and it’s been the school holidays, but now all that is done and I’m back blogging on FOMC Tuesday with a video! I didn’t think there would be much to do today, overnight in Asia was quiet with everyone waiting for this […]
Don’t Be Afraid to re-enter a Trade……
July 12, 2010
if the setup is valid – even if you’ve just been stopped out. This morning’s trade was the G-Force set play with a short entry on cable at 1.5908 with a 20 pip stop and 60 pip target. I was a little concerned about entering the trade above the massive one and a half but […]
It was a tough June +3%
July 11, 2010
For those of you that read this blog regularly you may have been wondered why we have been a bit quiet recently. Well since our last event I’ve been ill with an eye infection which meant that I couldn’t even cast a glance at my screens for almost 3 weeks. I felt as if I […]
I May have learnt my lesson….
June 1, 2010
The theme of my trading for May seemed to be make pips – lose half – make more pips. All in the space of one day. Today being the 1st June I was clear headed enough to not make the same mistake. Today was make pips – lose a few pips – finish – go […]
The Picture Can Change Quickly
May 28, 2010
Some days, on the first look at the charts, I am completely bewildered and the voice in my head says ‘ I See NOTHING!’ Today was one of those days. When I got to the charts this morning nothing was jumping out at me. My bias on pretty much everything has been short of late. […]
Is Anyone Going to Intervene?
May 25, 2010
Is it going to be today? Are they causing this rally up? Is it going to be now? When are they going to do it? They normally do it, why haven’t they? Maybe I shouldn’t trade them short? What do you think I’m referring to? Yep those Japanese Yen pairs. Over the last few weeks […]
October 29, 2010
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