Weekly FX Drive-Thru

Some thoughts to help you trade forex more consistently

Weekly FX Premium

GEOPOLITICS CONTINUES TO CALL THE SHOTS

The past week reminded me why I love trading Forex. The geopolitical news events may be dominating price moves at the moment, or to put it another way FUNDAMENTALS trump TECHNICALS (pun intended). Whilst this is the style of market I prefer to trade within; it is tainted with danger signs whichever way you look. I trade longer-term (or try the best that I can within the market conditions), and within my trade plan, I have three sub trade plans to direct me through three different trade … [Continue reading]

THE WEEKLY FX PREMIUM SEPTEMBER 2019 PERFORMANCE

Comparing September with August from my trading performance perspective is at first glance like comparing Apples with Oranges or even Kirk versus Picard. The headlines show just +350 pips added in the month, compared with +3,360 pips in the previous month. Obviously as any newspaper mogul worth his salt would say there is a story behind the headlines, and I will elude to how I saw things in the performance review in section 1. I am still ahead of last years performance at the same time … [Continue reading]

DEMOCRATS WON’T BRING TRUMP DOWN… HE’S MORE THAN CAPABLE ON HIS OWN!

This month has certainly been a roller coaster from my own trading perspective. After a great start I gave it all and more away, re-focused, picked myself up and got back in the saddle again, reclaimed a positive outlook and then mediocrity into the month end. At the moment, September is positive +250 pips. I usually guide myself towards +1,000 pips per month over 10 months, I discount August and December as non-events. I am being caught out by the JPY trade. It looks like TRUMP now … [Continue reading]

FIVE CENTRAL BANKS REPORT… VERY LITTLE LEARNT

As data goes, last week was a really huge week for top tier data with five Central Banks reporting. I expected to learn a huge amount to set me up for the coming weeks and months based on policies. However, given the “high beta” news releases that … [Continue reading]

WHERE DID ALL THE “DOOM & GLOOM” GO?

It has often been said that from time to time when things are going really well, in Forex, usually when everything you trade does as you expect and that nothing goes wrong and you become overconfident, a reality check is required. I know from trading … [Continue reading]

THE WEEKLY FX PREMIUM – JULY 2019 PERFORMANCE

I am now on my summer break from writing weekly blogs. I am still trading albeit at a reduced level. I wrote in my final “DRIVE THRU” blog prior to my break that whilst I was looking forward to a summer break it wasn’t clear just how much time … [Continue reading]

NOW, IT’S OVER TO THE FED

I am going to start this week’s blog with some book keeping notes. This is my last blog prior to my summer break, the next DRIVE THRU blog is scheduled to be posted on September 7th2019. I will, however, provide month end summaries of the results … [Continue reading]

SUMMER PROMOTION 2019

I decided that this year, I would have a "Summer Promotion" that gives anyone interested, the opportunity to follow my trades through to the end of 2019 for a very special low cost. … [Continue reading]

IT’S ALL BEING BUILT ON A HOUSE OF CARDS

In my last blog I started by saying that I woke up in a cold sweat from not being able to reconcile FX issues in my head and just could not sleep. There is so much going on, not just with FX but every market at the moment, we are witnessing a … [Continue reading]

IT’S PROBABLY TIME TO REVIEW RISK

Like many people, sometimes when in a deep sleep something suddenly awakens you in what is often described as a cold sweat. I had one of those moments last week when, from the darkest depths of my brain I sat up with the following thoughts... It … [Continue reading]

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THE WEEKLY FX DRIVE-THRU & WEEKLY FX PREMIUM

POSITION trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.

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