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 […]

Today has been (AND IS) a pretty significant day in FX. Many of the currency pairs that have been on the brink over the last few weeks, causing the choppy markets that we have been experiencing (and the stressful trading for the trend followers) appear to have made a decision today. If you, like me, […]

Gosh  – December is only 2 weeks old and its proving to be the month that is testing my patience and discipline. This is not a trending month. This is a month where you have to do the smash and grab. A quick in and out for the most part with the VERY occasional runner […]

So I’ve started my new routine of being in the office for 5.30am London time in order to capitalise on the changes in the markets.  Of course after several weeks of great early morning moves this morning was somewhat dull and uninspiring.  Cable wasn’t giving me any love this morning so I went hunting for […]

It’s been a fantastic trading day for the 3 amigos today, the trades of the day are everywhere. Trades on the Yen crosses have really done well today, GBPJPY has been a beauty for me today. The thing I have found with GBPJPY is that if you get your entry right it can really deliver […]

Now I don’t trade the daily chart (don’t think I have the patience for it) however I always check it out for something obvious. From the beginning of November it has been pretty clear that there has been some massive divergence between what has been happening to price and the story being told by the […]