The week that was:
A new year is upon us and the trading gods have kicked us off to a favorable start. In a news heavy week the market held it’s trend and has left most market commentators praising the prospects for the year ahead. All I need to know is my positions are mostly going up, and more importantly that my stops are moving towards break even as several of my longer term trades hit new highs.
The trend is strong, let your system do the work and be sure not …

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Wishing everybody a safe festive season! Take a break from the markets, step back, look at your lessons from the year & gear up your strategy for the year ahead!
Wrapping up the past few weeks:
With the FX market range bound at the time I switched off from active trading a few weeks backs other than taking advantage of the strength in the US equities market to get set in one more position prior to the x-mas break. DOW & S&P still look strong compared to the other equities indices at …

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The week that was:
Given the mix of news from Dubai to US jobs numbers it was a relatively steady week. With the jobs hemorrhage coming to an end for the moment people can head towards the new year with some confidence the world hasn’t come to an end, and that 2010 will be a better year for the average man on the street.
Macro trends remain in force and the guiding light for the moment offering opportunities to consolidate existing and look out for new trades.
FX:
Again sitting out the market congestion. …