There have been two periods in the last 16 months where being short Yen was the easy trade. From Nov 2012 through to May 2013 and then from Nov 2013 till the end of Dec 2013 provided some great trending opportunities. But what has Yen done since then?  How has 2014 treated all those Yen […]

Fellow Traders, We’re now entering the 3rd trading week of 2014.  How are the markets treating you?  How is your trading going so far this year? I suspect that like most people you started the year with a fresh plan and high hopes to make this your best trading year ever. Set against that expectation […]

A quick update on $Gold. (Apologies for the scruffy chart.) Having appeared to perform the classical double bottom off the $1180 region, Gold has rallied from $1180 bottom to the $1250-$1260 region for the first 2-3 weeks of 2014. Here is where I see it running into its first proper test of 2014.  We have […]

I’ve written enough about this AUDCHF trade in recent posts however it finally came to an end on Wednesday when my Trailing Stop Loss was hit during the early afternoon. As predicted in my last post the move below the double bottom at 8650 turned into a stop-loss hunting trap and price  started to drift […]

“Jip Jaap Stam is a big Dutch-man, get past him if you think you can, try a trick and he’ll make you look a dick, Jip Jaap, Jaap Stam!” So they would sing on the Old Trafford terraces about their love for the strong, uncompromising dutch central defender (and one of my favourites): Jaap Stam […]

Quick update on this previous AUDCHF short trade. We’re on Day 20 of the trade. Price has still been heading south but after a couple of daily pin bars and a look at the 4 hour chart as well as some price action across the AUD in general I suspect this particular party is coming […]

A quick post on a trade that’s been running for approx 17 days now. I went Short AUDCHF back on the 16th May.  AUDCHF was in a STAM 1 Selling environment and when an entry was offered, I took it.  As can often be the case the trade, whilst positive was not going anywhere fast […]

Here’s a quick weekly chart of the USDCAD which was brought to my attention by a fine trading buddy of mine Martin Walker.  With the CAD Interest rate decision later on today it’s a good time to look at what price is doing. Price has moved nicely north these last few weeks and is now […]

http://markettrader.tv/ Last week I was fortunate enough to spend the day in Mayfair at the Westbury Hotel (a lovely location if you’re ever in need of one!) The reason?  Myself and Malte Kaub from the Traders Leadership Council were delivering an all- day seminar for ActivTrades on ‘Blink! The power (and the pitfalls) of instantaneous decisions […]

I’ve mentioned many times before that it’s worth reading Brian Lund’s blog on stocktwits. I always enjoy his honest down-to-earth approach to trading discussion.  You’ll find several of his pieces re-run here simply because they’re very good and pertinent to a trader regardless of their level of experience.  This is another great piece by Brian […]