last year was a pretty dull year for trading EURGBP (well by my methods anyway). However it’s a chart I watch closely. As someone who earns in Sterling but who pays in Euro I admit to having a serious interest in the dynamics of this pair. As mentioned last year was dull. After an early […]

A quick update on $Gold. (Apologies for the scruffy chart.) Having appeared to perform the classical double bottom off the $1180 region, Gold has rallied from $1180 bottom to the $1250-$1260 region for the first 2-3 weeks of 2014. Here is where I see it running into its first proper test of 2014.  We have […]

Yesterday (Thursday 19th Dec) gold closed on a daily basis below the $1200 level (down at $1187) after another extended period of selling of the precious metal. I was reminded of a blog post I wrote almost a year ago in December 2012 “A contrarian Gold Sell signal from this weekends FT?”  about how the […]

Here’s a few of the charts I spoke about last night during the End of 2013 Review webinar that I conducted for ActivTrades.  It was a look back through the year and a look ahead at possible scenarios for 2014. Some of the themes I talked about for 2014 were: – “Abegeddon!” – Euro Deflation […]

Fellow Trader, As we are all too well aware, there is a dearth of events for the more educated trader where we have the opportunity to network with our peers, learn from each other, pick up new trading techniques and enjoy a little social banter. Therefore, I am delighted to invite you to the third Traders Forum, which […]

Here’s a quick weekly chart of the USDCAD which was brought to my attention by a fine trading buddy of mine Martin Walker.  With the CAD Interest rate decision later on today it’s a good time to look at what price is doing. Price has moved nicely north these last few weeks and is now […]

Well, what a difference a few days makes!  I wrote a post on Thursday about price coming down to the 1530 – 1570 Support level. As you can see from the chart price crashed through that the next day and closed the week off at $1489! I’d love to say I timed my post to […]

I realise I’ve been a bit re-miss with not posting enough charts recently – its been a busy start to 2013 and I’ll look to get back into the swing of blogging about my trading. So GBPUSD -Lets have a look at the weekly chart. Throughout 2012 GBPUSD could just not get above (and stay above) the […]

I’ve often mentioned that the only paper I’ll bother buying or reading is the FT Weekend. Reading this weekend piece I came across a small comment in the Commodities column of the Markets & Investing Section: “As a group, central banks are set to buy almost 500 tonnes of gold this year, the most in […]

I recently ran a 2 hour seminar on how to trade longer-term positions using Binary Options. I performed it online and also in a class-room environment.  As part of the event I challenged the groups to use their newly found knowledge to create a trade plan and we’d trade it live with my money on […]