If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!This forex blog is different to others out there in that I actually trade. Therefore I’m not interested in the theory so much as being able to put it in to practise. That is the real test. Hindsight is […]
November 29, 2007 – 2:34 pm
I just used my proprietary chart setups to identify a lovely quick short GBP/USD trade for another 10 points today. I was in the market at 2.06125 and out at 2.05990 taking into account the spread of 3.5 pips making a 10 point gain.
Part of this trade was based on a really cool pattern you […]
November 29, 2007 – 11:34 am
This is a beauty. Clasic pattern called a “Double Bottom” Only EXPERIENCED traders are able to spot this trade (and those in my forex program). I’m long in cable at 2.0608.These trades are virtually guaranteed every time.
More to follow. [Snapshots of before and after]…This is what makes forex trading some darn brilliant once you know […]
November 21, 2007 – 11:30 am
EUR/USD:
Short strategy: 1.4860 STOP LOSS 1.4870
TARGETTING: 1.4773, 1.4746
USD/JPY
LONG strategy @ 108.95 STOP LOSE @ 108.85
TARGETTING: 109.48, 109.70
GBP/USD
Short @ 2.0747 STOP LOSS at 2.0757
TARGETTING: 2.0637, 2.0600
I like these strategies because they set a tight stop loss and have open targetting to allow profits to run. These are the kind of strategies you will be able to come […]
November 14, 2007 – 11:17 am
Although there was sufficient evidence to short the GBP/USD - technical analysis said short at 2.0850 and my charts said sell at 2.0750 and there has been a 100 point move. I have to say I am out of the market and have not traded today. I am flat and have just watched a 100 […]
November 6, 2007 – 9:23 am
My charts and various research suggest bullishness in GBP over next few days and also an opportunity to buy th YEN against the dollar (ie sell USD/JPY). Because I trade intraday, this means I will not be holding positions, but looking for opportunities to get in and out of the market in times of 5 […]
October 30, 2007 – 11:40 am
I exited last night (Asia trade) with 10 points profit after waiting and waiting with 12 points profit for further, I threw in the towel and went to bed.
I have been long from my “one chart wonder” strategy since 8.35 am this morning GMT and will be exiting shortly if the support does not hold […]
October 29, 2007 – 10:27 am
My charts have been biased towards bullishness on the GBP since the open of the New Zealand session up until now.
I have just scalped a short in GBP/USD based on a turning CCI between 2.0583 and 2.0572.
On the daily chart, volume has been decreasing ovr the last several days. This is a bearish signal.
The majority […]
Protected: Another triangle breakout this time “failed”…here’s some insight
There is no excerpt because this is a protected post.