Archive for 'forex news trading'

Safe to go Back into the forex Markets Yet ?

Thursday, June 18th, 2009 at 2:16 pm  

Hi, This is an update to the post earlier in the week advising my LMT Forex Followers not to trade until the current market turmoil settles down. My advice, nay insistance ! is continue to stay away. As you can clearly see in todays 4 hour Forex Chart of the aud ( I could have used…

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6th May Results + 118 pips

Wednesday, May 6th, 2009 at 6:59 pm  

In April most of my 1800+ pips were made from breaks of asian high and low ranges. This week it has been bounces off 200 emas+ lots of other reasons. This is not my normal method of trading. I am adapting to the market as I see it on an almost daily basis at the…

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4th May. Gbp possible break up

Sunday, May 3rd, 2009 at 6:32 pm  

As I explained in great detail my ” April 2009 Results”… post. The gbp is returning to the same upper 4 hour trend line again. This may not happen tomorrow (monday) with it being an international holiday BUT this is an extremely important area again. Price is above all the emas on the longer time-frame…

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April 2009 Results + ?? Pips

Sunday, May 3rd, 2009 at 5:40 pm  

Well i didn’t make it to 2000 pips, but still my best month ever trading forex. If you had traded $10 a pip following my strategies you would have earned $18.000+ in a month !! The pleasing thing for me was twofold. 1) The profit was made using low risk, repeatable trades. 2) That I…

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29th April Results + 213 pips

Thursday, April 30th, 2009 at 8:44 am  

Great start to the day. My euro/$ trade which I opened yesterday, as explained in my results, closed for a 145 pip profit. I have then taken 20 pips off a gbp and +20 on a euro long, break of the asian overnight high. And a further 28 pips off the 2nd euro lot. Still…

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20th April analysis

Monday, April 20th, 2009 at 7:57 am  

The time is now 09.45 bst. This mornings analysis (approx 7.30am bst) is below. I update most in real time on twitter as this is a bit slow. There is a twitter feed bottom left of home page, but you have to refresh it for latest posts. Anyway from analysis below i have banked 40+…

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Forex News trading (& why I Don’t)

Sunday, April 12th, 2009 at 1:35 pm  

Scalping & News trading & why you shouldn’t. News trading was my next step along the path to enlightenment, NOT. Every day in forex there are news releases, National Banks eg (Bank of England Interest rates decision), governments release unemployment details. Any of these can cause a major shift in the value of a currency in…

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