Hi Traders, We had an enjoyable session on Saturday at the Online Traders Forum. The theme for the session was about planning for the year ahead. I spoke about elements to consider when creating an intra-day trading plan. Martin Walker talked about Planning for Profit and how to create an overall Trading plan for your […]

Hey Traders, Here’s the 1st part of the monthly candles analysis focusing on GBP & EUR. For those new to it Part 2 focuses on USD, JPY, CHF, AUD, CAD, NZD. The 3rd part focuses on Indices and commodities. Trade well! Paul

Hello trader, On a day when the S&P500 and the Nasdaq were pushing to all time highs you might think I am barmy to suggest that things are not as rosy as they may seem. Yet, in the words of the Monty Python sketch “There’s trouble at Mill…” and with that no-one expects the Spanish […]

Hello traders, Last week I did a quick review on GBP – this week its the Euro’s turn as it’s been the strongest across the board on the STAM for a couple of weeks now. There’s been some great trades the last few weeks – but there will still be some good opportunities for swing […]

Hello Traders, Back to charts, markets and trading. It’s going to be a busy and eventful week – lets have a look at the coil going on in Sterling. I don’t suppose its a surprise to see a coil happening in some Sterling products as everyone waits to see Theresa May pull the Article 50 […]

Just a quick chart to show the size and scale of the gap down in EURUSD last night based on the weekend news regarding the Cyprus bail-in/bail-out. There has been less than half-a-dozen plus 100 pip gaps on the EURUSD in the last 4-5- years so this gap is significant and for anyone who was long into […]