Hello Traders, I’ve had a very busy few weeks and thought Id update you on a few of the trades I’ve had play out in that time.  The first one is Gold.   Since the large Bearish Outside Bar in mid february price had gently meandered down towards the 1500 – 1600 dollar range. In […]

I’ve been saying for a while now that I was shorting Global Indices based upon my analysis of the charts and using various vehicles (CFDs, Spread-Betting, DMA & Binaries) to access the market and build positions in line with my view.  I wrote about how at the start of the month I was stopped out […]

Just a quick post on a Binary position that I took recently on the S&P.  I had forgotten about it because I didn’t expect it to move so quickly to target!  I took the position back on the 4th May (position 1 on the chart) after price broke down strongly and broke a weekly trend […]

I had another 2 Binary positions close yesterday.  Both on the NASDAQ.  As always lets cut straight to the chart. NASDAQ – WEEKLY The NASDAQ has been on a bullish tear north for the first 13 weeks of 2012.  It was simply unstoppable and trying to short it would have been futile (not that I […]

Over the last couple of days I’ve had a few european centric Binary positions closing on me.  Whilst not necessarily taken with the French elections in mind they certainly played a part in their outcome.  One win and one loss.  Lets cover the losing position first: EURUSD After a wild start to 2012 where the […]

Here’s an update on a Binary Option position that closed on Friday afternoon on the back of a week of good news for AUD short-sellers.  You can read the first part about the initial H&S set-up here.  The second part with an update on the first part of the trade being closed out is here. […]

This week has seen the failure of a Binary No Touch Trade on the Dow Jones and the re-attack of it based on todays poor NFP numbers.  The chart will explain it all.  As always there’s useful debrief points to learn from. 1. The Dow Jones has been in a nice up-trend since early December […]

I’ve mentioned that I had a few longer-term Binary Positions that are running and I thought I’d update you on a position that closed out last night. After many years in decline the USDJPY trend broke with a strong move north from the end of January.  People far smarter than I can explain why it […]

Here’s a follow-up to my earlier post on trading the AUDJPY Head & Shoulder pattern using Binary Options.  You can read the earlier post here: http://wp.me/pFP6t-uu In effect I had two barrier trades in place. A No Touch Barrier for 86.20 (at point 1) and a Touch barrier trade for 81.50 (at point 2)   The […]

Traders, A quick shot of a losing position (I say position because there were several elements to the trade) that closed out on Cable last week. From its lows in the 2nd week of 2012 GBPUSD has ground its way north with all manner of false breakouts occurring on the weekly chart. At point 1 […]