A very slow month for me when looking at the total of pips gained. Very slim pickings and to be honest, I ended last month licking my wounds so to speak. I think the initial point to make was that April was still a positive month. It was just a difficult month, which hit all my on-going performance averages very hard, so, whilst I am grateful for a positive outcome based solely on pips, the rest of my trading performance statistics suffered. The headline stats: - THE WEEKLY FX … [Continue reading]
REALITY SLIPS
A few weeks ago, I had an abundance of possible start points for the soapbox feature in this blog, and I remember writing saying that I would be able to use them at a time in the future. Time has passed by and I am no nearer to using them than I was a few weeks ago, so in the shredder they have all gone. Having said that, I still have space to write about: - Covid-19 Pandemic The stages of The Economic Recovery Cryptocurrency Frenzy Increasing Debt Levels Raising Taxes to … [Continue reading]
(FX) – CAUGHT IN BETWEEN
This week, from my perspective the FX market is in a very strange position, it is CAUGHT IN BETWEEN a battle between equities and bonds. Inter-market correlations are off, mis-aligned in my opinion and FX is right in the middle. More about this later in the soapbox section. It is not very often that I write in my blog stating what a poor week I have had trading, but, last week was one of those weeks. All my pip gains for the month were wiped being caught the wrong way in trades following the … [Continue reading]
A MOMENTARY LAPSE OF REASON
Over the past two weeks I was supposed to be taking a small step back from the day-to-day routine and complete a re-charge of my internal FX batteries. Instead of the re-charge, I found myself dealing with software issues that as most of you can … [Continue reading]
THE WEEKLY FX PREMIUM: REVIEW MARCH 2021
This will be a short blog as I am currently on my Easter break from trading. My next DRIVE THRU blog is scheduled for next weekend the 11th April 2021, when my blog will return with extra goodies that will hopefully please readers! Moving … [Continue reading]
(POWELL): I WON’T BACK DOWN
When it gets close to the end of the trading week, I look at all my notes, cuttings and highlighted points from the previous few days to get my ideas framed around what I want to use as the basis of my weekly SOAPBOX piece. By notes volume there … [Continue reading]
LOOKOUT JOE
Finally, the long-awaited signature of President Biden has been placed on the USD$1.9Trillion Covid-19 stimulus package deal. This ensures that those American’s due to receive their USD$1,400.00 cheques who have direct deposits arrangements with the … [Continue reading]
ANOTHER BRICK IN THE WALL
Last week was a great week for me from both a personal and trading perspective. Always count your wins. Everything is about MINDSET. Are we starting to see the cracks in the World Central Bank Master Plan now gaping wider showing in equities due … [Continue reading]
THE WEEKLY FX PREMIUM: FEBRUARY 2021
What a crazy last week to finish off the month. What was a rather boring start to proceedings, being patient, waiting for trades to come to me, escalated in the final week to an FX Tsunami, with rampant volatility, especially in the Asian session, … [Continue reading]
INTO THE GREAT WIDE OPEN
Another week completed and we still have a pulse... I always think, when a blog or any written piece opens with that sort of line it sounds like the writer has struggled with the week and glad it’s all over and he or she wants to open the … [Continue reading]
ONE SLIP… (AND DOWN THE HOLE WE FALL)
Today is Valentine’s Day, of this fact we can all agree. This maybe the only piece of information you will agree with me on in this week’s blog once you’ve read this week’s Soapbox.... more of that a little later. I am not sure what you guys think … [Continue reading]
A ROCK AND A HARD PLACE
Back into the routine now. January was an extreme month for head-on news, driven by high beta fundamentals served at rapid pace straight down the throat. I have no doubt that there will be more of the same ahead as we progress through 2021, … [Continue reading]
WHEN THE WORLD ENDS: Including THE WEEKLY FX PREMIUM REVIEW – JANUARY 2021
For those interested, I closed of my month last Friday the 29th of January 2021. This blog is one of my newly styled “month-end” reviews, much more “month end” supporting data is available on my website on my landing page under the HISTORY / … [Continue reading]