I was delivering a presentation for a broker client last week which included some market analysis and thought I’d put up a few of the charts I talked about here.  It will be interesting to see whether today’s NFP figures will make a blind bit of difference to the markets.  We shall wait and see. […]

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 […]

It’s rare for me to have the time or inclination to trade below the 4 hour chart these days however I was lucky to be in the right time and the right place to be able to see this set-up on the FTSE 100 on Tuesday.  Why was I even looking? Well after the major […]

  The last couple of weeks have been relatively quiet trading wise. Compared to the first 3 months of shorting GBP and YEN the last few weeks have been positively dull.  Have people knocked off for summer early (I wish) or just taking a break after a manic first quarter? Either way my trade frequency has been low but […]

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 […]

As mentioned in these two previous posts both the Yen and Sterling are under attack and George Soros (and other fund managers) have been filing their boots with shorting these two currencies. You can see from my previous post on shorting sterling what lovely runs there’s been to south side on Cable (and other GBP […]

I realise I’ve been a bit re-miss with not posting enough charts recently – its been a busy start to 2013 and I’ll look to get back into the swing of blogging about my trading. So GBPUSD -Lets have a look at the weekly chart. Throughout 2012 GBPUSD could just not get above (and stay above) the […]