Some thoughts to help you trade forex more consistently
BREXIT is still rolling along and dominating not just most of screen time but also making a more than hefty contribution to both my $$$ profitability and pips tally this year so far. As at the close of business for the week on 25thJanuary 2019, my … [Continue reading]
BREXIT still rolls on. Last week, we saw another confidence vote, a record sitting government defeat on legislation in the House of Commons and some never to be forgotten speeches to rally MP’s from both sides of the house. Am I weird? I loved … [Continue reading]
Welcome to the first blog of 2019. It was great to get 2018 out of the way, it was the longest year ever. That may not be a factual statement, but facts did not matter last year! The final pips total for the FX PREMIUM was 13,458 net pips, … [Continue reading]
As usual my final blog for the calendar year is a summary of my subscription service performance. In addition, this year, as there are many changes planned for 2019, I thought it a good idea to combine both the changes planned for 2019 as well as the … [Continue reading]
Over the past few weeks, I have been providing a few snippets regarding my changes to the “DRIVE THRU” blog and also my subscription service THE WEEKLY FX PREMIUM for next year. I mentioned in my final blog of 2018 that I would send out a teaser … [Continue reading]
Welcome to the last official “DRIVE THRU” blog of 2018. I will do a few teasers based upon what is coming in 2019 between now and the next official “DRIVE THRU” on the 12thJanuary 2019, plus I will provide a quick year end performance summary towards … [Continue reading]
Over the last week, I have hardly traded at all. I have CORE POSITIONS all in the RED at the moment and I am building positions for what I believe will be retracement moves over the coming months. My main task over recent times, whilst adding … [Continue reading]
Last week was a shortened week in the U.S. and that reflected across most trading activity. From Wednesday lunchtime last week thru to this coming Tuesday (allowing for long weekend holidays etc.) the market liquidity was and will be reduced from the … [Continue reading]
It’s been all about cable over the last several days in the FX market and even those FX traders who claim to be quite placid when all around seems to be creating chaos and disorder must have felt some anxiety as the moves and price swings in cable … [Continue reading]
I am not trading much at the moment, in fact, several of my broker accounts have been dormant for a number of days. I am still in wait and see mode. In the U.S. the markets have reacted to the U.S. mid-terms and then the FOMC statement. In Europe … [Continue reading]
I am glad that October is over and done with. I have been trading for over 10 years and personally found that the challenges in October were at times above and beyond what I would call FX trading. Correlations were skewed and that is putting it … [Continue reading]
It is certainly tough trading in the markets at the moment. I hear of lots of traders saying that they just love volatility. All I can think is that they are scalping the market and have a trade horizon of two minutes, no more. I like clear direction … [Continue reading]
I have just completed a very frustrating week of trading. After an exceptional start to this month, with over 1,000 pips in week one, In week two, I gave 50% back from poorly executed CAD related trades and, this past week, I have been building … [Continue reading]