Tag Archives: fibonacci

EURAUD – Just a nice chart (Part 1- with apologies)

February 23, 2011

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(Preface: I was supposed to post this blog yesterday, but got sidetracked by other more pressing matters! My apologies, though it’s still a sound blog piece compared to what has happened in the last 24 hours.) Tuesday 22/2/2011 As mentioned in my previous post I’ve been watching the EURAUD this week for a trade.  Here’s a […]

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Cable Trade in Progress

October 12, 2010

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This is a trade that I am currently running in cable short. 3 positions now in this trade but with CPI figures due at 0930 I am aware that I am going to have to reduce my risk and will scale out half of my first full position in the next few minutes. 2 positions […]

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Another Day Another Divergence Trade

September 23, 2010

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No trading at all for me yesterday. After the FOMC results, and the massive movements that followed, Wednesdays charts all looked overextended to me and very uninviting. Deciding that there was too much risk out there for me I took myself off for an early gym session at 9 a.m. and never came back to […]

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The Five Steps to becoming a Competent Forex Trader!

November 23, 2009

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I can take no credit for this piece (I wish I could) as it was written by another trader (it had to be as only a trader would recognise the journey). If anyone knows who was the original author then I’ll be happy to provide the necesarry credit.  Anyway this is a great piece that sums […]

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November 20 – Thoughts for the trading day ahead

November 19, 2009

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It’s late Thursday evening (2315 hrs in fact) and I should be in bed as I have an early start tomorrow. Well everyday is an early start, I always wake up at about 0500. I thought I’d do my report a bit early……put down in writing one of my thoughts for potential trades tomorrow or […]

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29 OCTOBER 2009 – ANOTHER STUPENDOUS DAY with 280.4 PIPS IN THE BAG

October 30, 2009

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Firstly – apologies for not blogging much this week. For those of you with children you’ll know that this is half term week so I have been putting my trading in where I can, whilst we enjoy this ‘Indian Summer’. Added to which my internet connection has been ssso slow it feels like at times […]

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