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eur/usd current mode is Long. I'm not trading the dead spot, but you could reasonably take a long punt to the upper sector boundary at 3619 from here 3607 with a stop just below the median level at 3601. 12 pips profit for 6+pips risk ain't my kind of thing but it's a potential better than 1:1...

eur/usd - Wednesday June 25th 2014. There is a core sector from 3592 to 3619 with a median level at 3601 around which price will tend to gravitate. If it breaches the upper boundary of this sector then the probability of a move to 3636 has an 86% probability. A move to 3673 has a 43%...

I trade the aud, cad, chf, eur, gbp, jpy, nzd and usd pairs. I use a 15 minute chart. On any given day of the 28 pairs available I will typically be favouring one, possibly two individual currencies against a basket of 'the rest'. I'll start by outlining how the context within which I'll be...

Don't chase the Price versus It's never too late to get on board. Which is Correct? This apparent paradox disappears when you have a clear take on where the stop needs to be and where the most viable target level sits. Going back to an above observation on reward/risk, it isn't a matter of...

Delusions Reward/Risk: There is a delusion that reward/risk has to be a multiple for a trade to make sense; It doesn't. A self-serving industry has grown up around performance metrics. You need a high win rate for both financial and emotional comfort. You may think you and your system can...

Oservations Traders: Most retail traders of Forex will be doing so purely on a directional basis and will rarely move into more ‘exotic’ plays involving derivatives or structured trades or even into other markets, asset classes and instruments. This is a big mistake. It’s my belief that...

I'm going to outline my approach to trading forex (primarily). The techniques and methods I utilise and the specifics with regard to setups, entry, in-trade management and exit. I will discuss with systematic and discretionary factors. Caveats When I use the word 'you' I am talking about myself...