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Just after the release of ISM results (not much reaction on price action btw), I was looking and scanning around the few hour chart duration of cable (GBPUSD).

Placed a long position at 2.0650, Stop Loss at 2.0620

Read the full post of Cable Still Looks Good For a Long

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Caught fire with the NFP result? Shouldn’t be if your a technical trader!

Forex Factory:USD

Nonfarm Employment Change

-4K

110K

68K

GBPUSD

All duration charts were showing the candles are above 200ema/sma lines. MACD shows that there’s decent strength still for the buy side, and the breakout on the top trendline since the candle is closer towards the top (Easier to break the resistance)

Read the full post of NonFarm Payroll Results, Lets Get Back And Look At The Technicals

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For my trading methodology, I’ve started off with CCI and Trendlines, before Dan from Life Holdings come into the picture with 200EMA as well as MACD right now at this point. From time to time I’ll insert Fibonacci retracements and Bat Indicator developed by Team Aphid.

Infinity Shares team has taught me well on the fundamental part of forex as well.

Read the full post of Indicators Used

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I wouldn’t say its totally the index that pushed the cable out of its resistance, but definitely it’s playing a part on it. The ISM index was lower than forecasted.

Mar US ISM Release

Pound breaking out on resistance after release of news.

Entry at 1.9739, was letting it ride till it stopped out at 1.9779, a good 40 pips.

Read the full post of March - US ISM Manufacturing Index

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Was scalping a little with trendlines and fibonacci techniques on the pound when I realise the TP of my MT4 is not working when the desired price is met. This is the first time it’s happening to me, but I’m sure experienced traders will tell you it happens all the time.

Read the full post of Beware when you’re using Stop Losses or Take Profits

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After embarking the journey with Freedom Rocks free trial for 15 days (I’m not sure which day I am already with them). The account at FX Solutions gained at least a 100 pips.

I’ve chosen two pairs for trading; namely the USD/ JPY pair and the GBP/ USD pair.

Read the full post of Having fun with Freedom Rocks

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Peter Buchner from Club-FX Trader has given me a very insightful forex run-through via Marketiva platform. And I thought he really did a pretty good and thorough job in putting across how the trading platform works, with different charts and explaining to me how the candles in the charts work as well.

Read the full post of Mentors Invited

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