Hey there traders, I hope you’re enjoying this supposed summer lull? Just a quick note and video about a recent trade on the GBPUSD which I closed 15 days early yesterday. It was due to run till the 28/29th August but had achieved 97% of its target by yesterday.  In my normal trading I tend […]

I blogged earlier this week about the DAX and my touch and no-touch trades that I held.  My touch barrier option in the region of 9050 was hit yesterday, much sooner than I had expected. Enjoy the update and trade well, Paul

As promised I’m trying to make small quick videos to talk about my analysis or my positions.  This is a quick video about some option positions around the DAX that will run till the end of August. Enjoy and trade well.   Paul

In an effort to try and blog more during this period I’m going to try and use the technology at my disposal to make the odd video.  I can guarantee that they’ll not be slick, flashy or long. I’m sure I could use my time to edit such videos into a beautiful work of art […]

I’ve not posted for a while as I’ve been busy with one family emergency after another.  I’m just starting to get back into my working routine after an eventful couple of months. During this period my trading has been limited to some news trading as part of  ‘The Wallachie Fan’ and some much longer term […]

I spent most of today at the Shares Magazine Forex Trading Conference presenting on “What I Wish I’d Known When I Started Trading” – I’d been led to believe that 70-80% of the attendees were complete newbies and planned my presentation around that. In the end probably 50% of people had been trading for more […]

I’ve been writing all year about the EURGBP and its constant decline whilst making new lows. Well at the end of this week we had a further point of interest as the currency closed below the psychological number 0.800 for the first time since September 2012. Most of this was due to comments by BoE […]

I’m back from my holidays in the Highlands of Scotland. I can’t say they were as relaxing as Id hoped (due to unforeseen circumstances) however I’m glad I went as it’s a truly stunning part of the world. Now I’m back at my desk, looking at my charts and getting back up to speed.  When […]

Sterling has been a great story these last couple of months. If like me you’re looking to buy strength and sell weakness then GBP has been strong all year. On the daily chart of GBPUSD we can see that price has been chugging upwards in a nice channel. Price tickled the soft underbelly of the […]

I maybe on my holidays in the highlands of Scotland but I had a chance to look at the odd chart.  Earlier this week I drew attention to the gold price coiling up into a tight triangle pattern (click this hyperlink to read that piece). I hadn’t expected it to explode so soon but I […]