Yesterday was a good reminder that not everyday can be a winning day and that planning for the worst is sometimes the best option. Whenever I enter a trade I always enter the details in to my spreadsheet and enter it as a loss, regardless if the trade is looking good or not. I hate [...]

I found a good article today discussing the traits needed to be a successful trader and thought I’d share it here. Taken from Nial Fuller’s learntotradethemarket. Successful traders have acquired  certain skills and habits that they have finely adapted and tuned to their interactions with the unique environment of the market. Genetics do play a role. For instance [...]

I said I’d make an update on the scalping method I first detailed here. I have since done some further work on it and added an additional indicator called Laguerre. At first glance, it looks like an indicator overload but I promise they do play a vital role and do their job very well. The [...]

A relatively successful day yesterday for me trading wise and a few good decisions kept me out of a couple of losing trades. As I mentioned in the live blog, TUFXP first signalled a short at 0650 BST and as quickly as it triggered, it lost. I didn’t take this trade for a couple of [...]

Hi again, all. Back for week two of our FX-Smooth test. First though, an apology: Due to time constraints, it was my intention to post the results on a weekly basis for the first two weeks, then revert to daily posts. Well…best laid plans and all that… I was about to post these, only for [...]

As the weekend begins I’ve got a chance to relax a little and do some chores I’ve been meaning to do for a few weeks like filling in my extension request to stay in Aus until my residency comes through! I’d never of imagined you’d have to jump through so many hoops to be a [...]