Hey there traders, Yesterdays video was all about the Monthly Indices and Commodities candles. As promised, todays video is a quick look at some of the FX monthly candles.  Some of them offer up trading opportunities for binary trades for me. Some of them are just giving my an indication to watch them closer over […]

  Hello Traders,   I’ve been busy with work and travelling hence the lack of blog posts and videos. Here’s a trading video update of my positions around GBP, EUR & Yen.  These are all Binary Option Positions which take very little time for me to analyse, put on and manage. They work very well […]

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 […]

Hey there traders, I hope you’re enjoying this supposed summer lull? Just a quick note and video about a recent trade on the GBPUSD which I closed 15 days early yesterday. It was due to run till the 28/29th August but had achieved 97% of its target by yesterday.  In my normal trading I tend […]

I’ve not posted for a while as I’ve been busy with one family emergency after another.  I’m just starting to get back into my working routine after an eventful couple of months. During this period my trading has been limited to some news trading as part of  ‘The Wallachie Fan’ and some much longer term […]

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 […]

Sterling has been a great story these last couple of months. If like me you’re looking to buy strength and sell weakness then GBP has been strong all year. On the daily chart of GBPUSD we can see that price has been chugging upwards in a nice channel. Price tickled the soft underbelly of the […]

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’ve been writing about the Cable’s movements all year.  You can get up to date by reading my previous posts: here In my last few pieces I’ve been keeping an eye on the monthly chart which you can see above. I had talked about how the monthly 200MA had acted as a cap in 2009 […]