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 […]

I’ve been keeping an eye on GBPUSD in 2014 and wrote about the pair a few weeks back (which you can read here). In those pieces I talked about the cap that the Monthly 200 period Moving Average has presented around 1.6635. Price hit those levels…and then promptly sold off. Well after a nice sell […]

There’s a saying that “7 days is a long time in politics” well in financial markets it would appear that 24 hours is a long time in trading. I’d put up a piece on Thursday evening / Friday morning about GBPUSD hitting new highs and intimating that a daily and weekly close above the 1.66 […]

  Its been a good few weeks for Sterling traders as David Morrison commented on the Activtrades market piece: “On a long-term chart, the 1.67 area looks like the next most significant level of resistance. Sterling also made solid gains against the euro and is now trading at its highest level against the single currency […]

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 […]

As mentioned in these two previous posts both the Yen and Sterling are under attack and George Soros (and other fund managers) have been filing their boots with shorting these two currencies. You can see from my previous post on shorting sterling what lovely runs there’s been to south side on Cable (and other GBP […]

I realise I’ve been a bit re-miss with not posting enough charts recently – its been a busy start to 2013 and I’ll look to get back into the swing of blogging about my trading. So GBPUSD -Lets have a look at the weekly chart. Throughout 2012 GBPUSD could just not get above (and stay above) the […]

Its been a quiet summer for me trading wise, but that’s starting to change.  I’ve been traveling overseas so it makes it hard to keep up to date with markets but it suits my longer term, low-maintenance, way to trade.  I’ve had three direct positions open recently.  Two of which have closed in the last few days, mostly due to Mario […]

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 […]

Traders, A quick shot of a losing position (I say position because there were several elements to the trade) that closed out on Cable last week. From its lows in the 2nd week of 2012 GBPUSD has ground its way north with all manner of false breakouts occurring on the weekly chart. At point 1 […]