Carnage in markets as Swiss National Bank revokes minimum exchange rate promise. What happened and what does it mean for you? If you were at your trading screen you just knew something big had happened. Even the biggest, most liquid Forex market (EURUSD) dropped 180...
Use this telephone trick to find the best (and avoid the worst) Forex brokers & spread bet providers No one could say we’re short of Forex brokers and spread bet providers to choose from… There are literally hundreds of them out there! Of course some firms...
Why are these 3 currency markets hitting the headlines and how could you profit? PLUS: your weekly eletter is getting a makeover! See details below… Here we are, back in the saddle already! I do hope you had a lovely Christmas and let me take this opportunity...
It’s that time of year again already… The markets wind-down, the big players jet off to sunnier climes (or to their alpine retreats) and we’re left with what can be treacherous trading conditions. So will you be taking a trading break over Christmas? The final call is...
Use This Futures Trader’s Trick to Reveal Hidden Support and Resistance Levels I’m right in the middle of writing a new beginner’s guide to Forex trading… You’ll be invited to see it all in full very soon but I thought I’d share the...
Remember last week I asked for your feedback on my “Summer Special” trading report? I had three ideas in mind and asked which you’d prefer to see fully developed. I also asked for your own suggestions of other trading topics you’d like me to...
I’ve been thinking about position sizing a lot recently… If you’ve been reading my stuff for a while you’ve probably seen me refer to the five essential parts of a well-rounded trading strategy: What to trade, when to enter a trade, when to...
Well, my idea of the 5 keys to a successful trader’s mindset certainly struck a chord last week… Yes, I received a LOT of feedback. So thank you so much to everyone that took the time and trouble to write in. I’ve heard all about the mindset issues...
I’ve got something very exciting in the pipeline for you… It’s a new (and FREE) online resource designed to help you make more money from your trading (whatever your experience). You’ll have access to tools, strategies and a community where...
Everyone knows the big market-moving reports, right? I’m sure you’re well aware you need to have your wits about you on the first Friday of the month. That’s US job numbers day. And crazy things can happen in the currency markets when the reports come out at half past...
If you’ve been trading for a while I’ll bet you’ve done this… It’s the old ‘Spreadsheet Millionaire’ exercise. You know, where you layout a foolproof master plan to prove how quickly you’re going to trade your way to a million. And all by averaging ‘just’ a 2% daily...
Is it me or do the markets feel all jumbled up at the moment? October has a reputation as a tricky month to trade at the best of times but we’ve seen some real eye openers in the last few weeks. I thought we’d do a quick scan of the main suspects in this...
I’ve got a totally chilling (but true) story for you today. This took me right back to fears from my own childhood, so let me set the scene a little… Back in the early eighties, when I was around 8 or 9 years old, we lived a few miles away from a town called Northwich...
Can you ever really ‘master’ a complex skill like trading? Maybe. If you had the aptitude and the time to set aside you could indeed become the next market wizard. But is it even necessary to reach the level of mastery? The great thing about trading is the sliding...
In 1645 a Samurai swordsman called Miyamoto Musashi wrote a manual on fighting… His guide is called A Book of Five Rings and it’s become quite popular in recent years throughout the West… From boardroom to trading floor, this book gets pulled off shelves and out of...
If Society Collapses and Violent Mobs Rule The Streets, Could My Secret ‘Goldbug’ Plan Help You Survive? Have you ever thought what you’d do if the financial system went into total meltdown? I don’t mean how you’d go about placing trades to profit from it...
I dusted down my old bike the other day… It was the first time I’d even seen it in ages. It’d been tucked away behind a load of boxes in the garage for years. But after a bit of tweaking and adjusting of cables I was surprised to find it running well, so off I...
I was so impressed with the final part of BBC2’s Trading documentary… did you see it? In last night’s episode they focused on the home-based traders. And needless to say, they’d found a great cast of characters to follow! There was one guy in particular:...
PLUS Top 3 tips from BBC2’s ‘Traders: Millions by the minute’ How much more of a beating can the poor old Pound can take? It’s already lost around 6% of its value against the US dollar since July’s highs and we’ve still got the biggest event Sterling...
Ever wonder how they did it? I’m talking about those big-time traders back in the early 1900’s… men like Jesse Livermore and Charles Dow? They made millions of dollars when electric computers were still a figment of the imagination. The only trading tool they...
Back to school this morning… I’d almost forgotten what it was like to have a bit of peace and quiet in the house. Six week’s worth of arguments over computer games and footballs bouncing off your office windows tends to have that effect! But off the three...
On Sunday you would have found me at the biggest Teddy Bear’s picnic imaginable… It’s a charity do they put on every year down the road at Cholmondeley Castle. Thousands of Mums, Dads, Kids, Grandparents (and teddies of course) all sat out on the lawns, fighting off...
What to do Once You’ve Found Support and Resistance Part 2: Continuation Trades It’s the last part of our support and resistance series today… trading continuations! Two weeks ago we looked at ways to find support and resistance (S&R) and how to...
Remember last week we discussed ways to find good support and resistance levels by reviewing recent price action? Well this week we’re going to start looking at ideas for taking trades off your levels once you’ve got them in place. So first of all,...
