Category Archives: Currency Trading - UK Session


GBP-USD update…

October 19, 2007 – 9:59 am

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Currently out of market, with a view to going long again if there is some serious upward action later on. Otherwise, taking a rest for the day.

By Sam Beatson | Comments (0)

Trading Updates…

October 19, 2007 – 9:50 am

My strategy for forex trading signalled a short at 2.0450 during the Asia session don to  2.0418 for 30 points.

At the moment a long is signalled from 2.0452. We are currently 15 points in to profit.
The “one chart wonder” has signalled a long at 2.0462. I would like this to go for another 20 points […]

By Sam Beatson | Also posted in Currency Trading - Asia Session, FastTrackForex, Forex blog & website reviews | Comments (0)

GBP/USD trade

October 17, 2007 – 10:56 am

I’m currently long in GBP/USD at 2.0330 (GMT 11:55 17th Octo)

By Sam Beatson | Comments (0)

Forex trading on economic news

October 3, 2007 – 1:50 pm

The foreign exchange interday market can get very volatile at announcement time when US financial figures are being released. For example, the Non-farm payrole data once per month can create news spikes and volatility that sees the market move up and down 50 pips within a fifteen minute period, sometimes down or up 100 pips […]

By Sam Beatson | Also posted in Forex Trading - US session, Forex brokers, Fundamental analysis | Comments (1)

RE: Forex tips, wake-up calls, etc. from www.saxobank.com

September 26, 2007 – 1:41 pm

 
 I highly recommend you visit http://saxobank.com/ and you find a way to join up to several of their ezines that relate to forex trading. This is part of my trading strategy and my style of trading. In earlier posts on this blog you can read about preparations for trading. I do agreee that the charts […]

By Sam Beatson | Also posted in Forex blog & website reviews, FastTrackForex, Forex video training, Market Analysis, Technical Analysis, Fundamental analysis, Forex Trading | Comments (0)

Bernanke Speaks!

August 31, 2007 – 2:06 pm

A federal bank chariman speech can be as exciting as when the prophets of old spoke the Word of God unto the Israelites. At least it can feel that way if you are passionate about trading forex.
Expecting positive words from the chief, I placed a short at 2.0160. I am out of the market with […]

By Sam Beatson | Also posted in Forex Trading - US session, Fundamental analysis, Forex Trading | Comments (0)

UK trade balance

August 9, 2007 – 6:39 am

Normally I pride myself on manual trading and using the brain rather than relying on a indicators only “holy grail of the forex” strategy.
But as can be seen below and by the charts of todays price action, had I left it all up to my “One Chart Wonder - Crown & Glory” forex trading strategy […]

By Sam Beatson | Also posted in Fundamental analysis, Forex Trading | Comments (0)