It’s been a busy, busy day, especially trialling some new ideas on Demo as well as trialling some traders work on EURJPY.  And what a day to be trialling ideas eh? The markets were up and down like a brides nightie!  I really did just end up jobbing the EURJPY. Overall for the day my live trading […]

It was a quiet morning for me today.  I was not as sharp as normal and so scaled back my trading.  Just the one trade which turned out to be a scratch position for me. GBPUSD. 1. Cable has set up for a bullish breakout and so my order is placed and triggered at 1.5444.  […]

It’s been a rum old time in the FX markets over the last 2 weeks or so. Some very interesting moves; some good, some choppy, some downright shocking! Anyway I started the week with a few small losses and as the week’s gone on so my trading has got better. Today I finished up with […]

So after a couple of dull days I had a couple of trades trigger this morning….and swiftly wished I’d stayed in bed! GBPCHF – Long The trade triggers early…..never a good sign. It never goes positive before falling back swiftly and the system closes down my position for -11.  That’s not where my stop was […]

Overall last week was a positive one….though I’m starting to investigate my reasons for trading the first week of the month.  More on that another time.  This morning has been an interesting one.  I started with some standard early morning breakouts on Cable and EURJPY, both went long and  both went positive…..before falling back and […]

Yes Ladies and Gentlemen, whilst I have had a successful day today it’s fair to say I am somewhat grumpy and annoyed with myself.  I have made a litany of mistakes today and was lucky to get away with them.   Whilst I felt somewhat tired this morning at my 0530 start it wasn’t any worse […]

So today I started with 3 system trades and 1 discretionary trades.  I had 3 system trades placed upon my platform and only one triggered.  A short in the GBPCHF which went a few pips positive before reversing and hitting my stop for a -15 loss. The interesting thing here is that from a discretionary […]

No trading yesterday as I’d been in London on Tuesday and didn’t get home till midnight so I decided to have a day off trading and focus on other tasks. So back into it this morning and  a quiet overnight period meant there were a few nice set-ups appearing when I sat down at 0530 […]

This week has not been a good week for the Euro with scrutiny of the sovereign debt of Greece.  Fears of contagion throughout the other members of the PIGS group of countries (Portugal, Italy, Greece & Spain) and the global financial system have weighed heavily on Traders.  So no surprise that most people have been looking […]

Oh well another early start followed by another early morning break out opportunity for me on GBPUSD. As you can see at Point 1 I was offered a breakout opportunity which broke strongly not long after setting. Once again I was concerned that we were near a Big Round Number and also the 4 hour […]