Some thoughts to help you trade forex more consistently
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 … [Continue reading]
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 … [Continue reading]
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]
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]
Whilst I enjoyed my summer break, and I did get away for a week to Seattle, it was not as long a break as I thought it would be. The main reason for my shortened break was DONALD TRUMP. He kept the volatility high with all the talk over the CHINA / … [Continue reading]
From Monday 2ndSeptember I am back 100% full-time trading once again. I have a lot of reading and chart analysis to complete over the coming days, to replenish my pending limit order set ups. For the past 5/6 weeks, I have been on a “pullback” … [Continue reading]
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]
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]
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]
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]
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]
Over the years of writing weekly blogs, it is no secret that writing blogs around key market moving events is a nightmare. From beginning to end, my weekly blog takes some 7-8 hours to put together, have it proof-read, deal with WordPress for … [Continue reading]
At the end of Powell’s Press Conference last Wednesday, I said under my breath “well there you go... WTF”. The way Powell never even pushed back on a question about a 0.50% interest cut in July was telling. I was educated on the basis that Central … [Continue reading]