Category Archives: Market comments


Protected: Another triangle breakout this time “failed”…here’s some insight

January 4, 2008 – 10:19 am

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By Sam Beatson | Also posted in Quantitative, Currency Trading - UK Session, Market Analysis, Technical Analysis, Forex Trading | Enter your password to view comments

Protected: Forex blog readers here should be recognising these…

January 3, 2008 – 9:58 am

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By Sam Beatson | Also posted in Quantitative, Market Analysis, Technical Analysis | Enter your password to view comments

GDP result…

October 31, 2007 – 1:53 pm

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Came out at 3.9%. I was short because I was in a purely technical short trade from the 4 hourly candles (double top) and got lucky here, closing the trade at 10 points profit.
My thoughts on this are that […]

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

Choppy market…

October 31, 2007 – 11:36 am

We see a choppy market.
GDP coming out in 1 hour expected to be lower than last time.
GDP is gross domestic product, general economic indicator.
Later, FOCM minutes released during afternoon US session.
Saxo “bank” gave a prediction that there is a 75% chance of a floor forming for the USD and a 25% chance of a release […]

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

I was just going to write I am bearish…

October 26, 2007 – 11:34 am

Was just going to write a post when I had to trade. In and out in about 30 seconds there.
The sentiment of quite a few analysts has been bullish on the GBP/USD. However it can’t be denied that toppish signals have also been evident because of interest rates etc.
I favoured the short today for a […]

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