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 […]

Happy New Year Fellow Traders! I had an extended break over the holiday period and used the time to plan my next 12 months. More of that in future posts. In the mean time here’s the weekly strength analysis for this week. Weekly: 1. JPY 2.AUD 3. USD 4. CHF 5. GBP 6. EUR Ok […]

It’s been a very jumpy morning on the intraday charts. I had a signal to take GForce long this morning and even though I had a view that it might not trigger or if it did trigger then the likelihood of getting 70 pips was slim (with it having to break the big 1.600) I […]

Yep I couldn’t think of a better name for this post other than the iconic spaghetti western starring the legendary Clint Eastwood.  Some might say that these trades are a bit like the gunfight at the OK Corral…keep your head down as its likely to be taken off by some of the wild dodgy shots! As […]

Just a quick update. Had a EURGBP position on Thursday / Friday of last week which I closed at break even on Friday as it wasn’t doing what I believed it would do. Was the right decision running into the G20 weekend as I would have taken a full loss had I held on.  I […]

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 […]

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 […]

This is my first blog for ages as I’ve been busy moving home and it’s been the school holidays, but now all that is done and I’m back blogging on FOMC Tuesday with a video! I didn’t think there would be much to do today, overnight in Asia was quiet with everyone waiting for this […]

if the setup is valid – even if you’ve just been stopped out. This morning’s trade was the G-Force set play with a short entry on cable at 1.5908 with a 20 pip stop and 60 pip target. I was a little concerned about entering the trade above the massive one and a half but […]

June has been an interesting month.  Some good moves but also some very sketchy moves (I suppose you could say that about every month!) This mornings Early Morning Breakouts ended up with the following scores on the doors: EURUSD – -15 GBPUSD – +15 EURJPY – +11 GBPJPY – +28 I’ll quickly chat about a […]