Monthly Archives: April 2013
Trading Update For This Week, Including 2 Live Recorded Trades.
This is the last trading update for a couple of weeks as i am away on holiday.
Its a short week this week as i have only taken one trade today, and will not be trading tomorrow as i will be traveling. I still managed to get over 200 pips for the week though, so its not too bad considering.
Here is the update.
Monday i took 2 trades for 43 pips total. I took Euro Dollar short at 13085 down to 13065 for 20 pips, and Dollar Cad short 10219 down to 10196 for 23 pips.
Tuesday was a bit better day, i took 3 trades for 84 pips in total. Euro Yen short at 12901 down to 12881 for 20 pips. Euro Dollar short at 13144 down to 13120 for 24 pips. And Euro Yen short again at 12898 down to 12858 for 40 pips. I recorded the Euro Dollar short trade, the recording can be seen here.
Yesterday was OK, with 3 trades for 54 pips. I took Euro long at 13117 up to 13137 for 20 pips. I took cable long at 15224 up to 15236 for 12 pips. And i took Euro long at 13037 up to 13059 for 22 pips. This trade was also recorded, and the recording can be seen here.
Today i only managed one trade as i have been busy with packing and stuff for my holiday. The trade was Euro dollar long at 13046 up to 13072 for 26 pips.
Total trades for the week 9. Total pips 207.
I am now on holiday until the 1st of May. I will be answering emails and phone calls, but i will not be trading.
Have a great couple of weeks folks, and if you are trading the markets take care. I will catch up with you all when i get back. 🙂
Recording Of A High Probability Euro Dollar Long Trade 17th April.
I have made another recording of a high probability Euro Dollar long trade that i took today. The recording is quite long as i wanted to get as much live price action into the recording as possible, so please watch it to the end, as the end is the best bit. 🙂
Its a counter trend trade off a key reversal level. Its quite a brave trade to take as i was trading against the news that the ECB may cut interest rates in the near future which saw a big sell off in Euro Dollar.
I was confident of my level though, so i had no problem taking the trade. You will see from the recording that i picked the entry and the exit of the trade very well. My entry was within a few pips of the low of the move and my exit was within 2 pips of the high of the move.
The recording is below, i hope you enjoy it.
If you want to learn how to trade Forex using high probability trading strategies, please consider my Forex training course.
I will not be trading or teaching for the next 2 weeks from Friday as my wife and i need some sun, so we are taking 2 weeks holiday, cruising in the Mediterranean. Its such a hard life being a professional Forex trader. I will be answering emails and calls while i am away, as the ship has a great internet connection, but i need a break so i am not trading. I will catch up with you all when i get back, sun kissed and refreshed, and a few pounds heavier no doubt. 🙂
Anyway enjoy the recording.
Recording of a Price Action Short Trade on Euro Dollar Tuesday 16th April.
Here is a new recording of a high probability trade that i took this afternoon on Euro Dollar.
Please excuse my presentation skills as this is only the second time i have made a recording of a trade, so i am pretty bad at it at the moment. 🙂
I don’t like recording my Forex trading, but a few people have asked me to do this so i am giving it a go.
This trade is a short trade on Euro Dollar that netted me 24 pips.
I hope you enjoy the recording.
If you want to learn more about what i do please drop me an email or give me a ring.
Have a great trading day. 🙂
Weekend Update. 15 Trades For 321 Pips. 2 Cable Short Trades Recorded Live.
Its been a tough week, i have really had to pull out all the stops to get my pips this week. The price action has not been great so i am down a bit on what i normally bank.
Here are the trades i took this week.
Monday was a bit of a struggle but i did manage to get 2 trades for a total of 30 pips. I took AUD short at 10121 down to 10111 for 10 pips. I also took AUD long at 10383 up to 10403 for 20 pips.
Tuesday was again a quiet day with another 2 trades for 32 pips. I took Cable short at 15322 down to 15300 for 22 pips. I also took Euro short at 13096 down to 13086 for 10 pips.
Wednesday was a better day i took 5 trades for a total of 122 pips. I took Cable short at 15333 to 15310 for 23 pips. I took Cable short again at 15340 down to 15310 for 30 pips. A few people have asked me to try and record some of my trades, but its difficult to make recordings and trade at the same time as price action changes so quickly, and you have to be focused on your trading if you want to be profitable, but I did manage to make a recording of these 2 trades, so if you want to see the recording please click here.
Other trades for Wednesday were Euro Dollar short at 13120 down to 13096 for 24 pips. I also took Cable long at 15302 up to 15322 for 20 pips. And i took Euro Dollar long at 13065 up to 13090 for 25 pips.
Thursday was another struggle but i managed to get 3 trades for 65 pips. I took AUD short at 10580 down to 10570 for 10 pips. I took it again at 10577 down to 10552 for 25 pips. I also took Euro long at 13092 up to 13122 for 30 pips.
Friday was an OK day i took 3 trades for a total of 82 pips. I took one trade on Cable short at 15380 down to 15360 for 20 pips. I also took 2 trades on AUD. One short trade at 10534 down to 10502 for 32 pips. I also took it long at 10480 up to 10510 for 30 pips.
Total trades for the week 15. Total pips 321.
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