Hi Everyone, Wow month 3 of 2010 and this is my first post of the new year. I have been trading folks. As well as moving my office, sorting out broadband connections ( I am now getting 7 meg down my phone line whereas my previous provider could only give me 0.5 meg!!!!! AND they […]

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. […]

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 […]

So today I started with 3 system trades and 1 discretionary trades.  I had 3 system trades placed upon my platform and only one triggered.  A short in the GBPCHF which went a few pips positive before reversing and hitting my stop for a -15 loss. The interesting thing here is that from a discretionary […]

No trading yesterday as I’d been in London on Tuesday and didn’t get home till midnight so I decided to have a day off trading and focus on other tasks. So back into it this morning and  a quiet overnight period meant there were a few nice set-ups appearing when I sat down at 0530 […]

So a short entry here as I catch up with my work. Tuesday was a day I was heading into London for meetings so it was just a quick couple of early morning breaks before I headed out the door. I had two early morning breakouts set-up on GBPUSD and EURUSD.  I’ll just focus on […]

This week has not been a good week for the Euro with scrutiny of the sovereign debt of Greece.  Fears of contagion throughout the other members of the PIGS group of countries (Portugal, Italy, Greece & Spain) and the global financial system have weighed heavily on Traders.  So no surprise that most people have been looking […]

Much like FXTrader Alans last post January was a period of upheaval for myself as I moved locations from central London to the rural idyll of a small village in Oxfordshire.  As I mentioned in my post on Psychological Stop Losses I placed myself under a stop trading order whilst I resolved my move and settled into […]

Oh well another early start followed by another early morning break out opportunity for me on GBPUSD. As you can see at Point 1 I was offered a breakout opportunity which broke strongly not long after setting. Once again I was concerned that we were near a Big Round Number and also the 4 hour […]

So after spending last week avoiding the snow and cold this week I would start to move through the gears on my trading. Early start of 0545 and there was a 6am set-up for me.  Looked to trade the break in the direction of the trend.  Trade was placed to go long at 1.6104.  I […]