Some thoughts to help you trade forex more consistently
Probably like many other FX traders given the improving economic position seen across the EUROZONE, I was rubbing my palms with excitement thinking that there would be thousands of pips up for grabs in 2018 as Draghi brought the ECB dovish … [Continue reading]
Last week was not a week that I particularly enjoyed. I was caught the wrong way with two trading positions, GBP/USD long and USD/CAD short. I had multiple small positions across the two trades and whilst my loss in $$$ was not huge my loss in pips … [Continue reading]
On Thursday morning last week, I started to think about possible topics for this week’s blog. I had written several tweets and made a few statements during SKYPE meetings that FX was getting really boring. The markets were being held captive by the … [Continue reading]
THE FIRST SHOT: 1.1. INTRODUCTION: This will sound a little crazy but over the past couple of weeks I have had worries about what to write about. I feel that the FX market is being dominated by TRUMP. Last week I even eluded to … [Continue reading]
THE FIRST SHOT: 1.1. INTRODUCTION: Over the past two or three weeks my daily routine has altered slightly, in the sense that I am now waiting on a TRUMP tweet for direction rather than placing as much emphasis on my LEAD INDICATORS … [Continue reading]
THE FIRST SHOT – “THE SOAPBOX”: Equity traders were certainly on Prozac last week as the indices around the world leaped up like salmon out of a B.C. river then plummeted like a lead balloon only to come back and then reverse again. … [Continue reading]
THE FIRST SHOT – “THE SOAPBOX”: Of the 52 weeks in a year that was one of them! A DOVISH hike from the FED. The TRUMP narrative goes global with TRADE WARS. The WH revolving door whooshes again: - HR McMaster, White House … [Continue reading]
THE FIRST SHOT – “THE SOAPBOX”: Over the past 3 –4 months, I have been playing with the structure of this blog trying to achieve a balance between what is “FREE FOR ALL” versus what stays behind “CLOSED DOORS” for my PREMIUM SERVICE … [Continue reading]
THE FIRST SHOT: As mentioned in the last “DRIVE THRU”, I did not participate much at all in last week’s trading. I know to a lot of traders, my decision not to trade much, appeared strange and weird, considering that with so much … [Continue reading]
With February now completed and my trading performance compiled, there are a couple of key points and observations that I want to make to my wider audience beyond my existing PREMIUM SERVICE subscribers. STATISTICS: FEBRUARY: NUMBER … [Continue reading]
THE FIRST SHOT: Another week has just flown by once again. I am banking $$$ and pips as I go along although my brokers containing my POSITION TRADES are just mainly a sea of red. Every now and then I bank pips, in fact, this month I … [Continue reading]
THE FIRST SHOT: Just like last week, there are many options on subjects to write about. We are trading in strange times. One-night last week I went back through PDF files that I have stored under the EDUCATION (Trading Essentials) … [Continue reading]
THE FIRST SHOT: Where do I start with this week’s blog? Do I get a few of my usual expletive’s out of the way first? Holy Mother of God What the feck was that? Well, glaze my nipples and call me Rita! Jesus, Mary and … [Continue reading]