After my summer break I’m starting to ease myself back into the world of FX Trading.  It’s been a volatile 5-6 weeks which shows no sign of abating. Are we in for a re-run of September / October 2008?  Who knows. (But I wouldn’t bet against it!) So on my growth account I’ve had these […]

As I mentioned last week I’ll start putting up my weekly strength chart for the Currencies I watch. 1. CHF 2. YEN 3. AUD 4.EUR 5.GBP 6. USD Only real change on the weekly strength is that despite the BoJ intervention Yen has overtaken AUD. Not a real surprise if you look at the kicking that the […]

It’s rare for me to comment on Indices here but I do occasionally trade them and do include them as part of my weekly round-up. I’ve been watching these set-ups mature over the last few weeks and this week they have triggered. (I did have earlier entry signals but will keep it simple on this […]

Hi it’s been quiet for the last week or two. A mixture of no signals and other commitments. Usually when the markets are quiet it means that something is building. And the last 10 days or so have seen some big moves on the commodities markets which have followed through into the FX and Indices […]

Hello readers, I hope you all had an enjoyable Easter weekend.  I carried this position through the weekend and was stopped out early today.  I had considered closing the position before the holiday but just decided to stick with my plan and follow my trailing stop as per normal.  You may remember from my previous […]

Just a quick piece on a long trade in GBPUSD which was triggered last night.  See the attached chart. This was a Growth trade, had been set on Sunday and was triggered yesterday (Wednesday) afternoon taking me long at 1.6435. I had missed an opportunity to take an extra position based on my rules earlier in […]

Hey Traders, Following on from my earlier post and my talk at the Traders & Investors club were I talked briefly about this trade I thought I’d better write an update. To fill you in I was short on GBPJPY, (you can read more by clicking here) price had dropped strongly earlier in the week, […]

Hi, Just getting back into the swing of posting with a quick post on a Growth Account Trade which triggered overnight. I had a Short order for GBPJPY to short at 135.17 with a stop at 136.33.  Overnight the trade has triggered and at one point was about +80 in my direction.  There appears to be […]

This trade was set on the 6th March and was triggered overnight Thursday /Friday 11th March based on the horrific events that hit Japan that day.  All of my comments are tempered with the fact that whilst this was going there were people engaged in much more important basic activities, namely simple survival. My best […]

In an ideal world your best trades are not only in the right direction but they’re also timed right so that once triggered they fly from the off.  This is a rare event. Very often Trades are like the one here on AUDCAD which took a long time to grind out a few positive pips.  […]