Happy New Year to all my readers (yes, the two of you!) I trust you all enjoyed your holiday season and over-indulged in merriment with family, friends and loved ones. As for myself I shut down my trading for most of the last couple of weeks of 2015 (apart from a few long term option […]

Hello traders, Well its the time of year to be jolly…but as is usual, my contrarian streak emerges and I’ll pour cold misery on your thoughts of peace and goodwill to all men! Take a look at my weekly Crude Oil chart above. A beautiful sight…if you’ve been selling Oil! I myself have never been an Oil […]

Hello everyone, Here’s a scruffy quick video update on the USDRUB (apologies for the audio quality). Also I wanted to show new traders the effect of support & resistance levels and how they become a self-fulfilling prophecy. Trade well Paul

Well I thought that after this piece on bullbearings (Top 2015 Trade and Share Ideas – Half-time Update) that I should do a quick update. If you’ve not taken a look at USDRUB then you certainly should. Its been very volatile this year – it’ll be interesting to see how it fares for the last 4+ […]

Well I know that some of you may be wishing that I’d talk about something other than $USDRUB but its been another couple of amazing days in the currency pair. (See here for my earlier posts on USDRUB) Yesterday was a 10% drop which caused the Russian Central Bank to increase interest rates from 10.5% […]

I talked about USDRUB last week and this morning we saw price hit highs (again) with price just falling short of 58 Ruble to the USD. As I explained in the video I thought 54 might be the line the Russian Central Bank drew in the sand…but from the last few days action it would […]

I was recently invited to contribute to an article on Bullbearings where they asked analysts and traders about their top trade ideas for 2015. I decided to talk about USDRUB – which has been a great trade all year. I’ve not really mentioned on this blog but I’ve been trading it and talking about it […]