Over the past week or so much has happened in the world. Initially, some may find some of the headline news events connection to Forex quite obtuse, but the world is so connected in many aspects, it is now very difficult to detach world events economically, politically and socially. Last Wednesday, I was listening to […]
THE WEEKLY FX PREMIUM: MAY 2020 PERFORMANCE
Still moving forward with pip accumulation, but May 2020 was a slowdown in pips and $$$ in a straight comparison to previous months this year. I found the month very difficult to trade at times, and I was caught on the wrong side of a few trades in short squeezes when the only option was […]
UK & EU ON THE ROAD TO NOWHERE…
I have to start this week’s blog by saying what a strange week last week was. As I had mentioned last time, I was going to be more selective and patient when selecting trades. I also added the following section into the blog on FUNDAMENTALS. “From an FX perspective there are some FUNDAMENTALS hovering around […]
POCKETS ARE DEEP AND THERE ARE NO BOTTOMS…
My Business continues to move forward albeit at a quieter pace than of late. I continue to add pips and $$$ but we are really just, apart from the Antipodean related currency pairs just consolidating recent moves. There are plenty of lights flashing each day, but we are just range bound. At some point this […]
STOCKS RIP, NASDAQ AT NEW HIGHS, IT ALL SOUNDS SO PEACHY
Back in the chair, in front of a bank of screens and keyboards and properly motivated for the next stint of trading through to the Summer break on July 17th, 2020. What’s occurring? The big news would appear to be that apparently economic data doesn’t matter anymore. All of the recent economic data that we […]
THE WEEKLY FX PREMIUM: THE REVIEW OF THE APRIL 2020 PERFORMANCE
After the phenomenal pips of +6,166 last month, this month it was a return to the abundance that I am used to +1,872 pips. Nevertheless no POVERTY MINDSET on pips here! After just 4 months of the year complete and in additional an upward revision of my objective on pips for 2020, I have still […]
V SHAPED RECOVERY… DOUBTFUL
I am happy to be back after a two-week break over the Easter holiday. What’s new? If ever there was a loaded question that was it. Before looking at the economic story, you will notice some subtle changes to the blog, as always, I enjoy the feedback, so feel free to share your views, good […]
THE WEEKLY FX PREMIUM – MARCH 2020 REVIEW OF PERFORMANCE
I will start as I started last month’s report on my February 2020 performance… well that was some month. As far as records go for my subscription service, last month was my best single months performance ever. There are so many positives, but, at the same time there are a couple of negatives that I […]
RECESSION… DEPRESSION… RESISTANCE IS FUTILE
Another choppy, volatile, some might even say knicker gripping week in FX. I just hope that “newbie” traders heeded the warnings and traded smaller. One thing for sure is that if you can survive these markets you will survive most aspects of FX trading. The markets have been at times during the day very unforgiving […]
“TURN 3 into 6” – SPRING PROMOTION
LIMITED TIME PROMOTION: “TURN 3 into 6” From March 1st, following requests from existing WEEKLY FX PREMIUM subscribers, I will be adding back into my list of Trade Styles, Momentum and Fundamental trades. This now means that I will be offering 5 different styles of trade to meet even more styles of trader. My options […]
GET THEM PRINTING PRESSES READY…
The world is now officially closed. We are stocked up and good to go for 16 weeks, which I think is about it from lock yourself up in splendid isolation. Mid-July as I see it is when we can mix again and return to what will no doubt be the new normal. During the past […]
COVID-19 WAS THE CATALYST… NOT THE CAUSE
I am for once not 100% sure on what I can write about this week that stands out from what will no doubt be equivalent to about a ton in weight in Financial Reports and in-depth analysis following what can only be described as a bloodbath on a roller coaster…. now there’s a visual for […]
MARCH MADNESS… MARKETS ARE SURREAL
Timing in trading FX is important. Your trade exits and entries need to be timed as best you can to maximise profits or minimize losses. A couple of weeks ago, I had to diary “a visit to the dentist for a root canal treatment” and decided last week was the best time given it was […]