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Starting off the month in the top 10

AdamFx42 Posted 2 Apr  in #Trader's blog #GBP Weakness #USD Recovery #Good Start
I have started off this month nicely
I saw a couple of nice trade setups at the start of the contest
and they paid off right away this time
I am placed number ten when the market closed for the weekend
I am quite happy with that, after ending up at number 9 at the close last month
I am looking for signals of Usd recovery when the market opens again
and the big fall of GbpUsd to continue
gl all
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GBP opens lower - big gaps in all crosses

AdamFx42 Posted 7 Set  in #Trader's blog #Gap Trading #GBP Weakness #Scottish Referendum
Gbp has opened lower on the forex markets, and a Gap is on in all Gbp crosses now
The Gbp is reacting to the fact that the intermediate polls in the Scottish referendum
say, for the first time, that the Scottish are in favor of independence
This sentiment may turn, and I was going to go long Gbp anyway
(even at higher levels), because of suppoert area's around here,
the Gap is a good opportunity to get started and go long Gbp against any cross now,
because market does not like Gaps and almost al…
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ANABEVZ avatar
ANABEVZ 8 Set

good work!

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Trading plan for next week

AdamFx42 Posted 26 Lug  in #Trader's blog #Retracement #GBP Weakness #Last Week Of Contest
Here is my trading plan for the last week of the contest
After going through a rollercoaster ride this week:
gaining heavily on Aud data and then losing almost everything after the NZ data,
then reversing my positions following the Nzd further down -
and finally crawling back into the top 20
I have finished off the week with a Gbp/Nzd short position
This position seems to be going the right way for me,
so my strategy will be to maximize this trade and add further in related trades/pairs:
I inten…
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Looking for AUD to climb back, GBP to weaken

AdamFx42 Posted 1 Feb  in #Trader's blog #Technicals #AUD Strength #GBP Weakness #Strategy This Month
This month I will be looking to sell Gbp against Nzd and Usd, as it has broken out of range in Gbp/Usd:
1.6675 - 1.6475 was the range for this pair, but it has broken to the downside,
Gbp/Usd has now put in a double top on the daily chart, and the pair is showing bearish potential;
I will be looking to sell around 1.65, and I will also look to sell Gbp/Nzd
Aud/Usd looks like it is bottoming out at around 0.87, and seems like a safe buy,
I will probably start off this month with a Buy Stop on thi…
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GBP weakness expected

AdamFx42 Posted 3 Dic  in #Trader's blog #Fundamentals #Pullback #GBP Weakness #Trading Tactics #Us Tapering
I am shorting GBP at the beginning of the tournament as I believe that there should be some pullback in GBP/USD and
subsequently in other GBP-crosses
Technically GBP is too high - at overbought, and should show retracement to the downside
Fundamentally there could be some shift to make this possible, as there is some growing uncertainty in UK about the government path and the economic strength in the UK
Moreover, there is the question of growing interest in USD, and US economic strength that cou…
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Daytrader21 3 Dic

I kind of fell the same about cable, it may turn back in to the range but I'm not shorting it yet I'm waiting for tonight close before to take any decision. I would love to see the close near the current high, than I will comfortable sell it.

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