Author Archive

Too Cautious

  • July 2nd, 2010
  • Posted in Forex

Well NFP has just blasted off and a set of confusing figures were released. A loss of 125,000 jobs but a fairly big drop in unemployment to 9.5% when 9.7% was forecasted. These sorts of deviations usually confuse the market and EURJPY which is usually my prefered pair to trade NFP initially went up and quite quickly reversed  [ READ MORE ]

Not so sweet

  • July 1st, 2010
  • Posted in Forex

As was the case last time I experienced a good winning run, it came crashing to an end today with a double loss for 63 pips. It’s always disappointing to lose but I am currently taking it in my stride and have put it to back of my mind. Today was also the first day [ READ MORE ]

Tricky but sweet

  • June 30th, 2010
  • Posted in Forex

Forex. Only a small word but it conjures up so many thoughts and feelings at once. Today was a real test for TUFXP and depending on which method you followed, you could be happy or sad. A short was signalled shortly before 7AM and everything lined up except the stochs which were showing oversold. As the stop [ READ MORE ]

Keep on rolling

  • June 29th, 2010
  • Posted in Forex

Well the winning run continued today making it six on the bounce for TUFXP for the second time this month. It’s certainly bumped up this months figures nicely. I’ve been chatting with a friend from last year and he’s shown me an excellent indicator for use with MT4 and I think it’ll be a huge help when [ READ MORE ]

Off and running

  • June 28th, 2010
  • Posted in Forex

Well a new week is already under way and a nice winning start to the week. It was a nice little trade and I managed to get out for +23 instead of the usual +20 as I entered 3 better. When the trade originally triggered, the stochs were crossing. However, when the candle pulled back, they [ READ MORE ]

A Lot Like Golf

  • June 26th, 2010
  • Posted in Forex

Trading is a lot like golf. You’re probably thinking I’ve lost the plot and the strange water down-under has turned me into a babbling fool. You might be right but hear me out.. I used to play golf a lot and when I was a teenager I had aspirations of being a touring professional and [ READ MORE ]

Weekend Calling

  • June 25th, 2010
  • Posted in Forex

A final update before the weekend, I’ve decided to call it quits as I’m clearly not ‘gelling’ with the market. I thought I’d pop downstairs and see what my wife and daughter were up to as GU was still hovering around 1.4960-1.4970. I came back literally 7 mins later and all hell had broken loose! [ READ MORE ]

New Blogger

  • June 25th, 2010
  • Posted in Forex

Yesterday was a massive day in terms of workload and by midnight I was completely exhausted, 18 hr days aren’t such a good idea afterall! A win yesterday for TUFXP pretty early on but interestingly it wouldn’t have been a qualifier using the rules I’m testing. The stochs were indicating oversold and the price literally clipped entry and [ READ MORE ]

The Setup

  • June 24th, 2010
  • Posted in Forex

I’ve been playing around with TESS the last few hours after watching the daily overview video that TUFXP put out. A couple of things caught my attention. Firstly, I love the after timing of avoiding the first trade as the stop was ‘too small’ and common sense would have told you to make it bigger, he said [ READ MORE ]

New Poll

  • June 24th, 2010
  • Posted in Forex

I know it’s an obscure time for most readers in the UK but it’s middle of the day here and my fingers are itching… I’ve put up a new poll and would love everyone to vote, it doesn’t matter if you haven’t got TUFXP. I’ve voted yes! Also, don’t forget the other poll running slightly [ READ MORE ]

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