I’m edging my way back into trading after the summer lull. I’ve had two lucky escapes on EURGBP and EURJPY. Whilst my analysis was solid, I’m the first to admit that I got away with these trades. The EURGBP was purely speculative and the EURJPY was saved by some solid analysis and positioning of the […]

I spent most of today at the Shares Magazine Forex Trading Conference presenting on “What I Wish I’d Known When I Started Trading” – I’d been led to believe that 70-80% of the attendees were complete newbies and planned my presentation around that. In the end probably 50% of people had been trading for more […]

I’ve been writing all year about the EURGBP and its constant decline whilst making new lows. Well at the end of this week we had a further point of interest as the currency closed below the psychological number 0.800 for the first time since September 2012. Most of this was due to comments by BoE […]

I wrote a couple of weeks back that the markets and in particular a lot of the FX markets were decidedly lackluster these last 2-3 months.  As usual no sooner had I spoken than things picked up! Yesterday we saw new annual lows in the EURGBP. Check out the chart below:   EURGBP has been […]

I last wrote about EURGBP a few weeks back (which you can read here) where I talked about the emergence of a descending wedge on the weekly and daily chart of EURGBP. I admitted that I have a particular interest in a declining EURGBP rate as it helps me enormously from a personal level. It would […]

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 […]

Hello traders, After returning from a busy few days including a long and enjoyable evening at the London Trader’s Network Social event I was able to sit down this afternoon and take a look at the 6 trades I’d placed early on Tuesday and how they’d fared over the last 48 hours. Several people at […]

Yep, I know I’ve been a bit lax on the blog posting, There’s been other trading committment going on. So I figured I would get back in to it but posting a snapshot of GBP.  Take a look, any thoughts or opinions welcome. Trade Well. FXTraderPaul

Hello fellow traders from Co Louth, Ireland where I find myself this week with my family. Its been an interesting week to hear the Irish Governments Budget and their austerity plans (and the people’s reaction) in the context of the Friday 9th Euro Summit and all that it holds.  It’s also been interesting to hear […]

The theme of my trading for May seemed to be make pips – lose half – make more pips. All in the space of one day. Today being the 1st June I was clear headed enough to not make the same mistake. Today was make pips – lose a few pips  – finish – go […]