Just a quick chart to show the size and scale of the gap down in EURUSD last night based on the weekend news regarding the Cyprus bail-in/bail-out. There has been less than half-a-dozen plus 100 pip gaps on the EURUSD in the last 4-5- years so this gap is significant and for anyone who was long into […]

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 […]

I’ve mentioned before about John Boyd and his OODA loop in this blog and maybe it’s finally catching on.  The Harvard Business Review recently published a great article by Frank Partnoy about how speed is holding us back and how the OODA loop helps with our overall strategy. For those unaware the OODA loop stands […]

Hello Traders, I’ve had a very busy few weeks and thought Id update you on a few of the trades I’ve had play out in that time.  The first one is Gold.   Since the large Bearish Outside Bar in mid february price had gently meandered down towards the 1500 – 1600 dollar range. In […]

I’ve been saying for a while now that I was shorting Global Indices based upon my analysis of the charts and using various vehicles (CFDs, Spread-Betting, DMA & Binaries) to access the market and build positions in line with my view.  I wrote about how at the start of the month I was stopped out […]

I’ve mentioned that I had a few longer-term Binary Positions that are running and I thought I’d update you on a position that closed out last night. After many years in decline the USDJPY trend broke with a strong move north from the end of January.  People far smarter than I can explain why it […]

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 […]

A quick post on a quick win Binary Option on Kiwi Dollar which hit target last Thursday…but I did not realise till I did my weekly analysis this weekend. Here’s the weekly chart:   As you can see on this weekly chart the KiwiDollar after a strong up trend reversed and fell back.  There were […]

Yep, I know I’ve been a bit lax on the blog posting, There’s been other trading committment going on. So I figured I would get back in to it but posting a snapshot of GBP.  Take a look, any thoughts or opinions welcome. Trade Well. FXTraderPaul