Some thoughts to help you trade forex more consistently
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]
As weeks go, last week was probably one of the quietest from my involvement with market since I started trading in the FX market. The quick and easy measurement is the fact that I only added eight new trade set ups and three of those were added last … [Continue reading]
As we head towards the end of H1 2019, I have been reflective this week on my overall FX PREMIUM trading performance on completed trades for the year so far, also taking stock of the current live trades that are held as longer-term core positions. … [Continue reading]
Much has been written this month by many traders and analysts, not just me, about how difficult the range bound FX markets are to trade inside. In fact, I think that I have been highlighting how awkward the FX market has been for a few months, … [Continue reading]
Just in case you have been hiding in a cave for the past few months, or like several fund managers, hiding under your desk on prescribed “Prozac”, let me tell you, the FX market is totally unpredictable. Day after day we have seen little to no … [Continue reading]
Another difficult week in FX is over. When deciding what to write about this week in my opening section, it was a toss-up between: - THERESA MAY – the final days, but what / who is next? NIGEL FARAGE the EUROPEAN UNION PARLIAMENT and … [Continue reading]
For a limited time, until midnight Atlantic time 1st June 2019, I am offering the following PROMOTION to become a subscrtiber to my subscription service, THE WEEKLY FX PREMIUM. Scott Pickering The Pip … [Continue reading]
Quite a few subjects to choose from to fill my opening comments to the blog; - CHINA / U.S. trade deal. TRUMP – continuing to mislead voters with “FAKE NEWS”. Continuing BREXIT woes for UK Prime Minister, Theresa May. How and why … [Continue reading]
Another month of 2019 completed. It was a hard month with adjusting back into Atlantic time and trying to get to grips with opportunities in a range bound market. I could gripe and bitch about the market here, but I will not. Any bitching will be … [Continue reading]
Last Wednesday turned my monthly performance around. Prior to Wednesday having been away for home for a few weeks, I had gotten caught in the AUD euphoria of a breakout above 0.7200 and was caught upside down in the market, after previously being … [Continue reading]
I am now 100% back in front of my trading screens. It has been a rather insipid week with no real extensive price action to talk about, I often use the line all the “Flashing Lights” on my broker screens flatter to deceive the viewer. Following … [Continue reading]
The first quarter has ended, and I find myself in an unusual, but very happy position vis-à-vis the number of net pips added so far in 2019. By writing “unusual” let me be clear, I do not mean that I am not grateful or believe that I do not deserve … [Continue reading]
This is my final blog for a few weeks. I will be trading but not blogging again until the weekend of April 13th. My timing for my trip could not be any better, my favourite subject... “BREXIT” hits the headlines this week with the usual cocktail … [Continue reading]