GBPCAD – Bought at key average

Our medium term outlook for GBPCAD has been bullish since the middle of September when the spot and RSI both traded above their relevant Moving Averages. The resulting upside in GBPCAD of 8 big figures was capped by the top of the weekly Ichimoku Cloud pattern, where...

How to Tailor Your Position Size to Fit Your Objectives

Traders are constantly looking for the secrets of trading success, but they keep looking in the wrong places and at the wrong things. Typically they tend to gravitate towards high win rate systems, or variations of that same theme (the desire to be right). However, being...

Weekly Game Plan 15 Jan 18

The Sunday Telegraph is quoting a report by Fitch saying the Fed Funds rate could rise much faster than the market is expecting end even faster than the Fed’s own forecasts. Fitch believes the Fed will hike four times in 2018. If the market buys into...

Monthly Macro Risk Monitor – Jan 2018

 My greatest discovery was that a man must study underlying conditions, to size them so as to be able to anticipate probabilities. – Jesse Livermore In this recurring monthly analysis, we will look at three global risk factors in order to assess the current market state and attempt...

Forex Trading Opportunities for the Week Ahead 15 Jan 18

I plan my trading for the week ahead each weekend. Here are the Forex trading opportunities I will be stalking this week. Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what...